Douglas Mandel, along with Tyler S. Kuhlman and Zachary Levine of Marcus & Millichap, represented the seller in the transaction.
Tom O’Loughlin of CBRE represented the landlord, GPT SW 12TH AVENUE OWNER LLC, in the lease deal.
The final sale price equated to more than $202 psf.
Jason Hochman and Ron Granite of Cushman & Wakefield’s Equity, Debt & Structured Finance team secured the loan through Ameris Bank.
Colliers' Executive Vice President Robert Listokin represented FirstService Residential in the lease negotiations.
Jason Hochman and Ron Granite of Cushman & Wakefield’s Equity, Debt & Structured Finance team secured the loan through Ameris Bank.
The lease allows Tricera to seamlessly backfill space to be vacated by Comerica Bank, which is moving out of 1675 Midtown when its lease expires in June 2023.
Tricera is scheduled to deliver possession to its tenants by Q4 2022.
Cushman & Wakefield’s Donna Korn and Beau Ladwig represented the landlord, YMP Real Estate Management, in the lease negotiations. Matt Avelar of Warehouse Realty represented Conversion Media Group.
Charlotte-based real estate investment company Asana Partners purchased the property, which includes an 18,251-square-foot office building, adjacent 6,520-square-foot warehouse and surface parking lot. CLICK ON THE HEADLINE FOR MORE
