Retail center sold for 131% gain

The Sabina Shopping Center in southwest Miami-Dade County sold for $12.5 million, a 131 percent gain from its last trade four years ago. Carlos Segrera, director of acquisitions and finance at North Miami-based IMC Equity Group, said his company sold the 51,000-square-foot retail center at 4001 S.W. 152nd Ave. to Venetto Group. The deal was…

Historic retail strip sells for $10 million

A strip of retail buildings, some declared historic landmarks, were acquired for $10.25 million in wealthy Palm Beach. Vesenaz Inc., a Netherlands Antilles company headed by President Faisal Alsaud, sold the property at 207 and 211 Royal Poinciana Way and 212 Sunset Ave. to MSPB LLC, managed by local developer Robert Frisbie. The property has…