MIAMI-The $40 million toll system refunding revenue issue, series 2002, will be sold through lead Wall Street syndicator Salomon Smith Barney at an undetermined date depending on market conditions, New York-based Fitch Ratings says.

MIAMI-Total revenue rose to $24 million from $17 million for a company that's showing no signs of the recession. Funds from operations rose to $11.1 million from $6.4 million.

MIAMI-Minneapolis lawyer William R. Hibbs' A.A. Holdings LLC paid $4.35 million for the 45,000-sf, 98%-occupied structure in Miami's Biscayne Corridor where the city's Performing Arts Center expects to break ground in 2003.

MIAMI-The 247,000-sf property at Beacon Station Business Park was purchased for Corporate Property Associates 15 Inc., a W.P. Carey subsidiary. Trends continues to operate the plant under a 15-year, bond-type net lease.

MIAMI-Greenstreet Management and 17395 North Bay have purchased Washington Mutual's 28,647 sf office for $2.3 million or $80.28 per sf. The two-story Winston Towers structure at 17395 N. Bay Road in suburban Sunny Isles, FL. sits on 1.25 acres and was built in 1975.

MIAMI-Rhoda Bernath is a former sales director at Miami Beach-based Crescent Heights and Bentley Bay, Roney Associates and Weitzer Home Builders.The Waverly at 1330 West Ave., Miami Beach, is being converted to condominiums with prices starting at $250,000.

MIAMI-Hialeah Assets buys two retail properties totaling 43,816 sf for $116.66 per sf from Jaffe Buildings II, based in Aventura, The new owner assumes a Commercial Bank of Florida mortgage of $3.6 million.

MIAMI-Total revenue went down for Koger Equity Inc. from $41.6 millionin the 2001 second quarter to $31.9 million, while FFO went from $17 million to $11 million. The Boca Raton, FL-based real estate investment trust had leasing activity of 324,000 sf for the quarter.