Parking Garage Selling Price Revealed
by Sep Niakan | May 22, 2014
The Ingraham Garage, located in downtown Miami, sold for $31 million according to Miami-Dade County records.
A client represented by LaSalle Investment Management purchased the garage, plus an additional 14,447 square-feet of ground-floor retail space, from Miami Parking Ventures. The transaction for the 630-space parking garage was recorded on May 6. There was no financing recorded for the purchase of the garage.
The Ingraham Garage is located at 225 Southeast Second Street, near downtown Miami’s Bayfront Park, across from the Metropolitan Miami complex. The garage itself is a well-known landmark, due to its innovative design, and competitive pricing in the center of downtown Miami.
Parking for the Ingraham Garage included first floor by permit only, and second floor reserved for employees of Itaú. They offered CCTV, overnight parking, and elevators for guest convenience.
Photo credit: Ingraham Garage - centre-line.net, Map - google
by Sep Niakan | January 21, 2018
Miami Luxury Condo Market Summary City and Neighborhood Luxury Condo Reports Miami Beach Luxury Condo Report ...
by Sep Niakan | January 17, 2018
Taking a cue from the New Year and new beginnings, we saw the condo pre-construction market make three ground breakings this December. After months of silence, there was finally some hustle from developers at Resorts World Miami. Ritz-Carlton...
by Sep Niakan | January 05, 2018
Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities. A lot of people consider January to be the month when the festive season and all its...
by Sep Niakan | December 31, 2017
The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018. Miami Cruise...