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CORAL GABLES, FLA. — HFF has arranged the $38.7 million sale of Plaza San Remo, a Whole Foods-anchored retail condominium at 6701 Red Road in Coral Gables. Plaza San Remo is the retail component of a seven-story, 180,000-square-foot mixed-use development that includes retail, medical office condominiums and a 739-space parking garage. The property, which was built in 2007, was 99 percent leased at the time of sale. Danny Finkle, Luis Castillo and Kim Flores of HFF represented the seller, LIC Coral Gables Retail Inc., a Germany-based investment group, in the transaction. The seller was also advised by Dallas-based Phoenix Property Co. The buyer, an institutional investor, purchased the property clear and free of debt.