DELRAY BEACH, FL-The three leases have an estimated value of at least $4.6 million. Kaplan College signed a lease for 24,371 sf, Alfred Angelo signed a 21,391-sf lease and Applied Digital Solutions is taking 8,000 sf.

SUNNY ISLES BEACH, FL-The developer of Sole on the Ocean, WaveStone Properties, has purchased an acre of land for the 23-story building, and pre-development has begun. The 147 units will be priced between $280,000 and $850,000.

MIAMI-The five retail and office leases here total almost 12,000 sf and are worth $637,289 combined. As a result of the deals, Flagler Shops, owned by West Flagler Partners, is now 90% occupied.

MIAMI-The law firm is taking 38,300 sf long term at the 70-story the Offices at Four Seasons Hotel and Tower here. The value of the transaction is based on Cushman & Wakefield's average rental rate of $32.62 for this submarket.

MIAMI-Neo Concepts LLC, based here, is planning to start construction of its second tower, NeoVertika, in the first quarter. The developer obtained funding for the $80-million project through Wachovia Bank NA.

WEST PALM BEACH, FL-The three tenants that recently signed leases at the two-tower class A property are Morgan Stanley DW Inc., Jacuzzi Brands Inc., and Wealth and Tax Advisory Services. The leases total 32,565 sf.

AVENTURA, FL-Whiting-Turner is demolishing five existing buildings to make room for the 500-unit condo project here, which will include 18,000 sf of retail space. The buildings should be torn down within two weeks.

MIAMI-Five buildings were sold to an affiliate of Principal Financial Group, a pension fund adviser, while the other building was sold to a Dolphin Commerce Center tenant, Telefsnica Data USA Inc. The six class A buildings total 883,000 sf.