Seavest Investment Group Acquires Office In Homecrest From Marx Development Group

Seavest Investment Group has acquired an office building located at 902 Quentin Road in the Homecrest neighborhood. The property spans 112,633 square feet and was sold by Marx Development Group for a total price of $53,750,000. This equates to a price per square foot of $477.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $53,750,000
• Address: 902 Quentin Road
• Market: Homecrest

The deal was facilitated by Douglas Ray, David Marx, and Richard Segal. Seavest Investment Group acted as the buyer, while Marx Development Group served as the seller in this transaction.