CBRE capital markets vice chairman Christian Lee and executive vice president Jose Lobon in Miami represented seller Crocker Partners.

Miami-based apartment investor Lloyd Jones LLC bought the property at $270,000 a unit.

Buyer Hotusa Group oversees tourism and hotel companies including the Eurostars chain, the existing brand on the downtown hotel.

The property near Miami International Airport is home to supply chain company Flora Logistics.

The fast fashion clothing and accessories retailer will close a third of its U.S. stores, which brokers say could make way for offices, medical marijuana facilities, esports or housing.

Attorney Neil Rollnick, a partner at Hinshaw & Culbertson in Coral Gables, closed the $30 million purchase of a garden-style community in Tampa's Wellswood neighborhood.

The building owner and a cigar shop that wanted to open are suing each other, claiming the other didn't live up to its obligations under the lease for the historic property.

The Miami City Commission on Thursday will consider these and other projects.