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Stockbridge Capital Group Acquires Net Leased Office Bldg

Stockbridge Pays $22 Million for Miami Office
January 22, 2018
A private investor sold the office building at 3700 - 3704 NE 2nd Ave. in Miami, FL to Stockbridge Capital Group LLC for $22 million, or approximately $1,000 per square foot.

The 21,957-square-foot property is now fully leased to a single tenant, Istituto Marangoni, under a new 10-year, triple-net deal.

Stefano Santoro of Whitehall Realty Advisors represented the buyer. Devlin Marinoff of Whitehall Realty Advisors and Tony Arellano of Metro 1 Commercial represented the seller.

Please see CoStar COMPS #4085084 for more information on this transaction.
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