MIAMI-Two new class A properties there are 80% to 95% leased, while sublease space is being absorbed, a new CB Richard Ellis report states. Leasing activity Downtown has been slower in the past six months.

WESTON, FL-More than $50 million in renovations should be complete at the resort, being renamed the Wyndham Resort & Golden Door Spa at Weston, by late 2005. The Miami-based company is converting the resort from 496 hotel rooms to 252 luxury condominiums.

NORTH MIAMI, FL-Southern Management and Development LP of Boca Raton, FL, paid New Jersey REIT First States Investors 5000A LLC about $136.96 per sf for the Bank of America Building. City National Bank of Florida financed the acquisition.

MIAMI-There's a new joint venture partner in a 19-building, 1.9-million-sf office portfolio in South Florida. The joint venture expects the portfolio to grow in size.

FORT LAUDERDALE-Claudia Marlin, formerly a property manager for St. Andrews Place and Brickell Key II, is managing the 37-acre, waterfront rental community here. The asset is the recipient of a recent $50-million redevelopment.

CAPE CORAL, FL-Investors Henry Demers and Marion Demers paid $187.50 per sf for the former Lazy Flamingo Restaurant building here. Their plans are to lease it to a local restaurateur.

MIAMI-Despite higher offers, Dr. M. Lee Pearce sold the property for nearly $220 per sf to Miami Dade College for expansion of its Wolfson Campus. He assembled the parcels in the block mostly in the 1980s.

CORAL GABLES, FL-The resale is for its 4.5% convertible senior notes due 2024 and the common shares into which the notes are convertible. The commercial and residential real estate company, based here, issued the notes in March.