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 | April 18, 2017
The temperatures are picking up and it’s time to lather on the sun tan and cool off with some awesome events around town. Here’s our pick of the hippest festivals in Miami to make for a magnificent May: SunFest Music and Arts Festival...
by Sep Niakan | April 17, 2017
Think Miami Beach and most people conjure up images of Spring Break, bikini-clad college students and a wild party worthy of '90s-era MTV. However, truth is that Miami’s beaches have a lot more to offer than those hyped up versions of...
by Sep Niakan | April 14, 2017
March has been a pretty busy month for Miami’s condo pre-construction market. From two sales gallery launches to four buildings topping-off, there’s been plenty of activity to keep the market abuzz. The biggest news, however, came in the...
by Sep Niakan | April 09, 2017
With the FAA (Federal Aviation Administration) relaxing height restrictions in 2015, it seems developers have been racing to break records with one supertall after another. The sky’s going to be the limit for those who dream of snagging the...