FROSTPROOF, FLA. — Dimara Corp. has sold the 34-acre Frostproof Retreat to Lomas Del Sol for $1.05 million in a transaction that took nearly 2 years to complete. The Frostproof property features a 6,000-square-foot building, a mobile home and six outbuildings, and it will be used as an H2A Farm Labor Housing facility. Greg Smith, Clay Taylor, David Hitchcock and Darby Craddock of Coldwell Banker Commercial Saunders Real Estate brokered the sale.
MIAMI — The City of Miami Omni Community Redevelopment Agency has approved funding for the remediation of 8 acres of the 29-acre Museum Park parcel. The Miami project, which is scheduled to be completed in November, will pave the way for the future Miami Art Museum and the 250,000-square-foot Miami Science Museum buildings.
MIAMI — Coastal Construction Group has completed the 370,000-square-foot Miami Carol City High School in Miami. The Miami property, which was finished 4 months ahead of schedule, is the second phase of a three-phase project, which also included construction of a 34-classroom building and calls for the demolition of the existing school and the construction of new athletic fields. Students will start at Miami Carol City High School this August.
LAKE WORTH, FLA. — HH Somerset has purchased the 24-unit Somerset Apartments from a private seller for $1.82 million. The 20,748-square-foot property is located at 102 N. Lakeside Drive in Lake Worth. Brandon Rex of Marcus and Millichap brokered the sale.
RALEIGH, N.C. — TGM Realty Investors has purchased the 112-unit River Haven Apartments from River Haven Investments for $4.4 million. The property, located at 9310 River Haven Place in Raleigh, is the third apartment complex the buyer has purchased in North Carolina. River Haven Apartments was built in 2000.
ORLANDO, FLA. — 129 West Church Street LLC has purchased the former Rosie O'Grady's restaurant in downtown Orlando from a private party for $2.2 million. The buyer will turn the 11,296-square-foot property, located at 129 West Church Street, into MoJo, a New Orleans-style restaurant. Jamie Barati of Colliers International Central Florida represented the buyer.
TEMPLE HILLS, MD. — A Florida-based party has sold a 32,065-square-foot former Circuit City building to Beauty 4 U for $2.1 million. The property was built in 1991 on a 6.31-acre lot at the intersection of Branch Avenue and Hillcrest Parkway in Temple Hills. Circuit City vacated the building in January 2009. Peter Snell of Marcus and Millichap represented the seller.
LOUISVILLE, KY. — PRG Investments has arranged the $1.1 million sale of a Louisville apartment building between two private parties. The property is located at 1829 Edenside Drive in the Highlands neighborhood. PRG's Fred Sutterlin and Reed Weinberg represented the seller.
MIAMI — The 750,000-square-foot Met 2 Financial Center has received its temporary certificate of occupancy, and the first tenant will move into the 47-story, Class A tower next month. The property is located at 333 Avenue of the Americas in Miami and was developed by MDM Development Group and MetLife. Met 2 Financial Center was designed to LEED Gold specifications By Nichols Brosch Wurst Wolfe and Associates.
NORCROSS, GA. — A Tampa, Fla.-based lender has traded the 78,600-square-foot Plaza Azteca shopping center to Live Oak Plaza LLC for $3.2 million. The property is located at 1600 Live Oak Parkway in Norcross and is 45 percent occupied. Marcus & Millichap brokered the sale.