Redevelopment planned after Miami property sells for $10M

A group that paid $10 million for property in Miami’s Little River neighborhood plans to redevelop it.

AHOS 2 LLC, owned by Avra Jain and Joe Del Vecchio, sold the 178,810-square-foot office building at 7942 N.E. 2nd Ave. to MD 79th Holding LLC, managed by Robert Daniels in Miami Beach. Metro 1 Commercial’s Tony Arellano represented the sellers while Devlin Marinoff of Whitehall Realty represented the buyer.

The 2.55-acre site last traded for $6.2 million in March 2015, so Jain and Del Vecchio…

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