MIAMI-Boston-based Guggenheim Real Estate and Fort Lauderdale-based Stiles Corp. have put SunTrust International Center, a 420,080-square-foot tower in downtown Miami, for sale on the auction block. Guggenheim is expecting that the 31-story SunTrust tower would fetch good amount.
An industrial source well-known with the property estimates that the building could fetch nearly $80 million. The building is nearly 82% leased to tenants including SunTrust, the Daily Business Review and Akerman Senterfitt. Jones Lang LaSalle has been appointed to market the building.For the full story, go to South Florida Business Journal.
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