Saturday, December 8, 2012

Marcus & Millichap Sells Strayer University Building in Miramar, FL for $5.9 million





Strayer University, Miramar, FL
 MIRAMAR, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Strayer University, an 18,068-square-foot net leased educational facility located in Miramar, FL, according to Kirk A. Felici, First Vice President/Regional Manager of the firm’s Miami office. The asset commanded a sales price of $5,900,000.

Vice President Investments Adam J. Tiktin in Marcus & Millichap’s Miami office had the exclusive listing to market the property on behalf of the seller, a limited liability company from Davie, FL.

Adam J. Tiktin
“This sale was a great investment opportunity for the buyer to own a brand-new, Class-A, private educational facility.  Strayer University is listed in Forbes as one of the top 10 online universities and has 92 campuses throughout the United States. This particular location has great visibility to I-75,” says Tiktin.

The 18,068-square foot educational facility was a build-to-suit for Strayer in 2009 at which time Strayer University signed a 10-year double-net-lease.  Strayer University is located at 15620 Southwest 29th Street in Miramar, FL.

Press Contact:

Kirk A. Felici
First Vice President/Regional Manager,
Miami, FL
(786) 522-7000

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