PEMBROKE PINES, FL-A subsidiary of Stockbridge Capital Group has acquired the Lakes at Pembroke, a 296-unit apartment complex in Pembroke Pines, for $42 million. The company purchased the 10-building complex from 9900 Sheridan, a subsidiary of LaSalle Investment Management.
The multifamily property is situated at 9900 Sheridan St. Public records showed that the property was last sold for $22.4 million in December 2000. For the full story, go to South Florida Business Journal .
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