MIAMI-Meba Inc. and Pine Dade of Miami Inc. sold the .872-acre commercial pad at 7301 to 7331 SW 57th Court in South Miami to the 7300 Investments group. The less-than-an-acre dirt carried a price tag of $40,000 when it was sold in 1978. That would have brought a gross return of 6,500% if the current seller had owned and held on to the dirt 22 years ago.

HOUSTON-A nightspot owner's life is definitely a "cabaret," with expansion plans becoming a prime attraction. The four-location Rick's Cabaret has just sealed a deal for an upscale club in Houston and has sights on a spot in Ft. Worth.

SAN FRANCISCO-Unico's CEO and president Dale Sperling says the property will help his company identify with trends in Seattle because activity typically occurs in Seattle 12 to 24 months after it has taken place in San Francisco.