The Real Deal Miami

Ingraham Garage sale price revealed

Miami-Dade County records show LaSalle client paid $31M for downtown property

May 08, 2014 12:45PM

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Ingraham Garage

Ingraham Garage

The buyer of the Ingraham Garage in downtown Miami paid $31 million for the property, county records show.

Miami-Dade County recorded the sale of the 225 Southeast Second Street garage on Tuesday. Miami Parking Ventures sold the property to a client advised by LaSalle Investment Management. The 630-space parking garage includes 14,447 square feet of ground-floor retail space.

No financing was recorded.

The garage is located at 225 Southeast Second Street, near downtown’s Bayfront Park and across from the Metropolitan Miami complex. — Eric Kalis

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