MIAMI-The company plans to convert the hotel, being sold for an undisclosed price, into a condominium-hotel. The sale is expected to close by Oct. 15. Units are to start selling in November.

FORT LAUDERDALE, FL-The real estate development, investment and management company bought out its partner in Corporate Center, a 342,959-sf, class A office building Downtown. The building is 80% occupied.

FORT LAUDERDALE, FL-The educational and career services provider is taking 100,000 sf for 10 years at the Cypress Creek Concourse office park here beginning in January. The lease is worth about $17 per sf.

SURFSIDE, FL-Margolias Realty Group of Atlanta paid ZOM USA $301,801.80 per unit for the Waverly at Surfside, completed last year here. The project contains 111 units in two buildings. Unit prices start in the $240,000s in one building and the $300,000s in the other.

CORAL GABLES, FL-For the same quarter last year, the publicly held real estate company, based here, reported a net loss of $277,000. Revenue was up from $57.2 million in the 2003 quarter to about $88.6 million this second quarter.

FORT LAUDERDALE, FL-Three tenants--RBC Centura Bank, Posh and Colee Hammock Trading Co.--inked deals for about 10,000 sf combined at the new mixed-use development downtown. Rental rates in the building range from $38 to $32 per sf NNN.

MIAMI-Two "sophisticated investors"--Hank Sopher and Broward Yacht president Glenn Straub--participated in the lengthy auction, says Louis B. Fisher III, who handled the auction. If approved by the Miami Sports and Exhibition Authority, the 337,000-sf arena will command $83.12 per sf.

BOCA RATON, FL-EB Developers moved a few blocks away into 5,000 sf for six years. The lease is worth about $921,600. The company needed more space due to an increase in new commercial, mixed-use and residential projects.