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AVENTURA, FL-Chateau Aventura, LLC has acquired a 1.9-acre undeveloped land located in Aventura at 2775 N.E. 185th Ave. in Miami Gardens Drive from MGAL REPH I, II, III, LLC, for $3.625 million, which translates into $43.14 per square foot. The property is allocated for a 25-story condominium project with 205 units. In the deal, the seller was represented by Fort Lauderdale-based Sperry Van Ness Commercial Realty, while the buyer was represented by Common Capital Partners, Inc. For the full story, go to Florida Real Estate Journal.

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