Calum Weaver and Perry Synanidis of Cushman & Wakefield represented the seller, and the buyer was represented by Jesse Spencer of Compass.
Rue Vendome is near the recently upzoned North Beach neighborhood in Miami Beach, where there are plans to create a town center district between Collins and Dickens avenues to Indian Creek Drive between 69th and 72nd Streets.
Bar Invest is owned by the Barbera family of France. Hervé Barbera’s father, Jacques Barbera, chairman of Bar Invest, launched the Miami company in 2001. The first project was co-developing Mary Brickell Village with Constructa, which the companies sold to Quebec-based Ivanhoe Cambridge for $135 million in 2005. – Amanda Rabines