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Real Estate
Three lots located in Edgewater at 456, 480 and 496 NE 29th Street are being listed for $18.4 million, according to The Real Deal.
The two lots at 456 and 480 NE 29th St are owned by Whitelight Group LLC and the third lot at 496 NE 29th St is owned by Global DC Export. The site is zoned for T6-36 for a 36 story building.
The site is located next to Icon Bay, which just opened earlier this year.
Holiday Inn in Downtown Miami
The Holiday Inn located at 340 Biscayne Boulevard in Downtown Miami has sold for $65 million, according to The Miami Herald.
The buyer is Brazilian developer Gilberto Bomeny, who plans on building a 77 story building at a height of 953 feet. The building will include 400 residential units, 240 hotel rooms, 270,000 square feet of retail and 246,000 square feet of office space.
The World Trade Center of the Americas was first proposed earlier this year with Arquitectonica as the architect.
Dade Commonwealth Building in Downtown Miami
The 90 year old Miami-Dade Commonwealth Building located at 139 NE 1st Street in Downtown Miami has been sold for $9.2 million, according to SFBJ.
The 43,265 square foot building was purchased by Immocorp Capital and Wynwood Fund from Titan Development Partners. An original 32 ton stainless steel vault still remains in the building.
The new buyers plan on restoring the property.
200 SW 8th Street Wendy's Location
A Wendy's in Brickell located at 200 SW 8th Street is up for sale at $21,800,000 for the 26,600 square foot lot. The seller - Brickell City Rentals LLC, purchased the lot in May 2014 for $10,500,000.
The site has potential for 120 residential units or 240 hotel rooms and is zoned for T6-24. The listing agent is Fortune International Realty.
Earlier this year, Alfredo Coto of Millennium Developments purchased one acre of properties across the street from the Wendy's for $16 million in the emerging and transforming West Brickell area.
2640 NW 5th Avenue in Wynwood
A 8,388 square foot building at 2640 NW 5th Avenue in Wynwood has sold for $5.46 million, according to The Real Deal.
The buyer is 5th Avenue Wynwood Partners LLC.
The building is located down the street from the 7 story live/work building 250 Wynwood.
Espirito Santo Plaza in Brickell
The Espirito Santo Plaza building in Brickell has sold for $142 million, according to The Real Deal.
The buyer is Dallas based Gaedeke Group, which purchased the building from Estoril Inc. The 36 story building located at 1395 Brickell Avenue in the Financial District was built in 2004.
Not included in the purchase is the Conrad Hotel, which is also up for sale and expected to sell for over $100 million.
The Shops at Mary Brickell Village
Ivanhoe Cambridge has sold The Shops at Mary Brickell Village for $113.5 million, according to The Real Deal. The buyer is Rockpoint Group.
Located in the heart of Brickell, the 195,188 square foot shopping center was built in 2007 and it's tenants include Publix, Blue Martini, Brother Jimmy's and Doraku. Above the parking garage is the condo Nine at Mary Brickell Village, which recently opened earlier this year.
