DORAL, FL—Codina Partners, Downtown Doral’s master developer, has sold a key four-acre parcel that will eventually be developed as a multifamily complex.

Codina sold the parcel on the south side of the Downtown Doral master plan along 41st Street and 87th Avenue to Charleston, SC-based real estate development and investment firm Greystar for $19.25 million. The deal was brokered by Holliday Fenoglio Fowler, L.P.