Corporate Profile

MMG Equity Partners is a privately-owned full-service real estate development company focused on the long-terms ownership, management, development, and acquisition of commercial properties throughout South Florida.

MMG's roots lie in retail, with each person on our executive team having been instrumental in the growth and management of a successful $350 million drugstore chain. Having been on the retailer's side of the table for most of our careers is truly invaluable, allowing us to fully understand the needs of a retailer. Each of our projects is looked at to ensure that it meets needs of both the retailers and the landlord.

MMG's entire management team is born and raised in South Florida, allowing us to intimately know the market and the communities within it. Over more than two decades in the industry MMG has developed strong relationships with owners, operators, brokers, tenants, lenders, investors, contractors, and professional service providers in every related discipline. We are proud of the relationships and reputation that we have built throughout our history.

Executive Profiles

Marcel Navarro


Marcel Navarro has an accounting degree from Florida International University and a MBA from the University of Miami. He most recently served as Chief Financial Officer of Navarro Discount Pharmacies, a $350 million retail drug chain in South Florida.

Martin Pico


Martin Pico has been involved in real estate investment and development for over 20 years. He is a graduate of the University of Miami with a BBA in Accounting and as well as a JD. He is a member of numerous professional and civic organizations and a graduate of Leadership Miami.

Gabriel Navarro


Born and raised in Miami, Gabriel graduated from the University of Miami in '95 with a BA in Finance. Over the course of fifteen years in the family retail business - Navarro Discount Pharmacies - filled many roles including roles in purchasing, merchandising, marketing, and real-estate, prior to his last role as CEO. Current responsibilities at MMG include finding acquisition and development opportunities, as well as oversight of leasing for the portfolio.

Jose Navarro


Born in Havana, Cuba, Jose emigrated to the United States alone at the age of 16. A pharmacy graduate of the University of Florida, Jose later joined his father working in a pharmacy that he had opened in Miami. Jose, together with his brother, grew the business to become what is today the largest Hispanic drug chain in the United States, where he still serves as a member of the Board of Directors.