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News May 15, 2023

The Real Deal Reports on STAX Equity Lease Activity in Miami Beach

MS
Michael Salafia
Managing Partner, STAX Real Estate

The Real Deal — South Florida’s premier commercial real estate publication — reported on STAX Equity’s establishment of its headquarters on Miami Beach’s iconic Lincoln Road.

The Move

The private equity firm leased 6,000 square feet at 846 Lincoln Road, planting its flag in one of Miami Beach’s most high-profile commercial corridors. The Lincoln Road location positions STAX at the center of South Florida’s commercial real estate ecosystem — close to institutional investors, operators, and the deal flow that makes Miami one of the most dynamic markets in the country.

About STAX

Founded in November 2022 by Michael Salafia, STAX focuses on acquisitions, development, and investment in net-leased retail and industrial properties — with a particular niche in convenience stores, gas stations, and billboards. The firm also operates an AI-based brokerage arm that leverages technology to evaluate and execute transactions at scale.

At the time of the report, STAX had already invested $100 million, demonstrating rapid growth and strong deal execution from day one.

Coverage in The Real Deal underscores STAX’s growing presence in the South Florida commercial real estate market and the broader net lease investment landscape.

MS
Michael Salafia
Managing Partner, STAX Real Estate

Former CEO of a dozen-location gas station operating company. 180+ stations sold. Specializing in NNN gas station brokerage, sale-leasebacks, and investment sales across Florida and the Southeast.

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