Despite Challenges, SunTrust Center Trades For $90M
Located at the crossroads of the Central Business District and the mile-long stretch of commerce along Las Olas Boulevard, SunTrust Center is a rare asset to come to market.
Located at the crossroads of the Central Business District and the mile-long stretch of commerce along Las Olas Boulevard, SunTrust Center is a rare asset to come to market.
Steelbridge Capital acquired the 270,000-square-foot SunTrust Center office complex on Las Olas Boulevard, the most expensive address for Class A office space in Fort Lauderdale.
Steelbridge Capital, a value focused real estate investor, completed the acquisition of SunTrust Center, an institutional quality two-building Class A office complex spanning 270,000 square feet at 501 and 515 East Las Olas Boulevard in Ft. Lauderdale, for $90 million.
ORLANDO-In its second acquisition in less than a week, Steelbridge Capital has acquired 20 North Avenue, a 16-story, 267,262-square-foot class B office building in the heart of Orlando’s Central Business District (CBD).