CVS building sold for $12.5M

A West Miami building leased to CVS pharmacy was sold to a New York investor for $12.5 million. CCD PR No. 9 LLC, an affiliate of Coral Gables-based Caval Real Estate Management, sold the 15,051-square-foot building at 2393 S.W. 67th Ave. to Northern Motor Inn. The buyer is a New York-registered company managed by Jesse…

City to consider plans for new retail, hotel

Developers have filed separate plans in Miramar for a retail center and a Holiday Inn Express and Suites. Both applications will go before the city’s Development Review Committee on Thursday. The retail project could be approved and forwarded to the city council. The hotel plan is scheduled for an initial discussion. Five retail buildings would…