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 22, 2017
Welcome to the month of love! February’s here, and it’s time to get into celebration mode once again. With Valentine’s being the highlight of the month, Miami’s got a mixed bag of events that will help singles and couples...
by Sep Niakan | January 12, 2017
According to thenextmiami, a petition involving a 15 by 75 feet alley has sparked speculations that a brand new hotel could be coming to Edgewater. Why? Simply because this alley comes attached to a 7,875 sq. ft. plot located at 348 Northeast 20...
by Sep Niakan | January 09, 2017
Ever tried driving from Brickell to Downtown Miami for lunch? Most Miamians dread the thought of catching the dreaded drawbridge, which opens every hour or half-hour during non-curfew hours to allow river traffic to pass under. So what’s...
by Sep Niakan | January 08, 2017
Last year’s headlines weren’t too kind to Miami with hurricanes, Zika warnings and falling sales painting a dark picture. However, with the elections finally done with, there are plenty of reasons to be optimistic about 2017: 1. ...