Inman

Developer sheds Plaza San Remo

Venera Holdings recently sold the Whole Foods-anchored Plaza San Remo retail condominium in Coral Gables, Fla., for an undisclosed price.

A German investment group advised by Dallas, Texas-based Phoenix Property Co. purchased the property free and clear of debt.

Completed in late 2007, Plaza San Remo is a seven-story, 180,000-square-foot mixed-use development that includes retail, medical office condominiums and a 739-space structured parking garage. The asset is located at 6701 Red Road.


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