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Clarion Partners and LPC West have acquired 215 Fremont, an eight-story office building with multiple roof decks and 45,000-square-foot floorplates within its approximately 360,000 square feet.
Codina sold the parcel on the south side of the Downtown Doral master plan along 41st Street and 87th Avenue to Charleston, SC-based real estate development and investment firm Greystar for $19.25 million.
Tom Wisniewski, managing partner at Newark Venture Partners, a StackSource investor, calls StackSource "simply commercial real estate lending for the 21st century."
“Its success is reflective of Rockefeller Group's long track record of successful Garden State developments, as well as the shifting market fundamentals that are driving tenants to the 287 market,” says Cushman & Wakefield's Jules Nissim.
New York City-based ESG Kullen, which is active in the South Florida distressed and value-add multifamily investment markets, secured $33 million from Pembrook Capital Management LLC of New York City in connection with the deal.