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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."
"We wanted to create a beautiful garden and oasis that is an extension of the Parkway and the Rodin Museum, one that is both an amenity for the residents and an enhancement to the neighborhood,” says Joe Sikora, principal at Sikora Wells Appel.
“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.