A Wellington company managed by Glenn Straub filed a special warranty deed transferring ownership of the 700 N. Miami Ave. parcel to Old Arena LLC., which is managed by Boca Raton-based Falcone Group.
October 09, 2012 at 12:00 AM
1 minute read
The former home of the Miami Arena is currently being used as a park, but the property could eventually be incorporated into the city’s next wave of development.
Arena Ventures LLC, a Wellington company managed by longtime property owner Glenn Straub, has sold the 4-acre site of the former Miami Arena for $35 million, according to Miami-Dade County records. The buyer of the property at 700 N. Miami Ave. is Old Arena LLC, which is managed by Boca Raton-based Falcone Group.
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