Michael T. Fay and his partners saw potential in the struggling Opa-locka Hialeah Flea Market, which has been operating for nearly four decades.

Fay helped broker the $80 million sale of the 72-plus acre flea market that spans three parcels in Miami-Dade County on behalf of the buyer, Gramercy Property Trust and the two sellers, Bodwin Ltd and SeaBase Florida Corp. Two of the parcels have frontage along the Gratigny Expressway, and all three are along major roadways.