Located at 225 North East 1st Street, the SunTrust Parking Garage is within walking distance of over 11.5 million square feet of Class A office space. Downtown Miami a Hot Submarket as Canadian Investor Secures $18M Loan for SunTrust Parking Garage
"Our strategy for this asset will be to optimize the current parking operations while working on the development project, which we hope to bring to life in the near future," said Sageblan president Gaurav Gupta.
November 04, 2021 at 03:22 PM
2 minute read
Commercial Real Estate
The SunTrust parking garage in downtown Miami has a new owner. Sageblan Investments, a private real estate investment and management company based in Montreal, Canada, acquired the property which is entitled to up to 800 residential units, 120 hotel keys and 7,205 square feet of retail space.
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