MIAMI-Marcus & Millichap Real Estate Investment Services has declared the sale of a ground lease property, which comprises 38,295 square feet of land, at 10760 Biscayne Blvd. in Miami for $3.62 million. The land is on a lease for 15 years to JP Morgan Chase Bank.
Kirk D. Olson and Drew A. Kristol of Marcus & Millichap's Miami office represented the seller, a Miami Beach-based limited liability company and Michael Balan and listing agents represented the buyer, an Aventura-based limited liability company. For the full story, go to Florida Real Estate Journal.
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