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City: Miami Beach

Circa 39 Hotel

An affiliate of CL Hotels has bought the 97-room Circa 39 Hotel in Miami Beach, Fla., for $25.55 million, or about $263,402/room. The local hospitality company purchased the property from a venture of Black Salmon of Miami and AMS Hospitality ...

1601 Washington Ave.

The property consists of 110,000 square feet of office space, a 30,000-sf retail component on the ground floor and a 449-space parking garage. It was built in 2002 and is just 25 percent occupied.

Tropics Hotel

Mid-Atlantic Management has sold the 70-room Tropics Hotel in Miami Beach, Fla., for $20 million, or about $285,714/room. The local company sold the property to Bay Area Lodging LLC in a deal brokered by One Sotheby's International Realty. The three-story ...

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