(Crystal Proenza is associate editor of Real EstateFlorida.)

LAKE MARY, FL-Locally based Sperry Van Ness/Paradigm hasarranged the sale ofa 36,556-square-foot building in shellcondition at 7131 Business Park Lane for $6.3 million. Miguel deArcos, owner and managing director, and Ajay Babbar, senior advisorat the firm, represented seller Miami-based RS Group Holdings LLCin the transaction. Providence-One Partners represented the buyer,locally based Heathrow Land Holdings LLC.

Sperry Van Ness had represented the original developer of thebuilding, Ansara Heathrow Phase I, in the first sale of thebuilding to RS Group in August 2006. The buyer at that time plannedto build office condos, and had constructed the common areacorridors and signed contacts with several groups. After theproject failed to sell enough units, the contracts were canceledand RS Group looked to sell the unfinished building.

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