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MIAMI-The conversion of the 72,000-sf Sony Building by Coral Gables-based Bayview Financial into office condos with condo retail space on the ground floor has sold out within a year for $65 million. A New York City-based institutional investor acquired the final 10,538-sf retail component for $13.5 million.

Locally based the Campins Co., headed by Katrina Campins, marketed the building for Bayview. The retail space is fully leased to three tenants, including an Oakley store, already in place, and Journey’s End and a Starbuck’s Hear Music store, which will soon open.

Campins tells GlobeSt.com the $1,281-per-sf price tag is the highest ever paid here for a retail condo. Richard Leong of New York City-based Butler Kane Inc., a specialty retail brokerage firm, represented the buyer. “Bidding was intense,” Leong says, and credits the sale to “the trophy nature” of the building, which was built in 1932 and is located at 605 Lincoln Rd.

Campins’ own company, TCC, bought office space on the third floor for its headquarters. Following the initial office sellout, one buyer is putting its 26,609-sf stake up for sale. The space includes a small unit on the third floor and floors six and seven, which are fully leased to Sony until November 2008. Campins is remarketing for the buyer at a price tag of $11.9 million.

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