MIRAMAR, FL-Sunbeam Development, the developer of Miramar Park of Commerce here, plans to break ground this year on 73,000-sf and 46,000-sf twin flex/office buildings. They are scheduled to be completed in the second quarter of next year.

MIAMI-The developer plans to complete Blue Condos in summer 2005 and break ground in the middle of this month on Marina Blue, which will have 516 units. That project--only around a mile and a half from Blue Condos--has a summer 2007 planned completion.

BOCA RATON, FL-America's Capital Partners LLC sold the 242,139-sf, class A Fountain Square complex to Triple Net Properties for about $206.49 a sf. It is 95.9% occupied.

MIAMI-Latitude on the River, which will consist of a 44-story residential tower, a 23-story, class A office building and a retail building, has a planned completion date of early 2007.

DANIA BEACH, FL-Villas at Oak Hammock LLC is developing the project, which is to consist of five two-story buildings with 27 units ranging in size from 1,852 sf to 1,925 sf and selling in the low $300,000s to the low $400,000s.

MIAMI-Cameo Apartments Ltd. of Miami Beach has purchased 0.6 acres of property for $4.5 million, where it plans to develop the $80-million-plus, 320-unit project. The project is currently in the master use special permit process.

MIAMI-Dietrich Industries signs the lease, worth more than $6 million, as it is relocating from a nearby area and growing its space nearly 50%. The new space is located at AMB Property Corp.'s Panther Distribution Center.

NORTH MIAMI BEACH-Funds from operations were $28.1 million that quarter, compared with $23.9 million a year earlier. Meanwhile, net income was up 78% to $30.7 million.