The five-story Lower Manhattan commercial building at 12 Warren Street has sold from one Spanish investment group to another for $26.16 million, Real Estate Weekly reported. The 23,000-square-foot office and retail building, which is between Church Street and Broadway, was sold by Renta Corporacion to Banco Bilbao Vizcaya Argentaria as part of a larger Renta refinancing effort. Renta originally acquired 12 Warren for $17.35 million during the real estate boom, intending to convert it to condominiums, as part of an attempted Manhattan buying spree that largely failed. The company, which owns mostly residential, retail and development sites in Barcelona and Madrid, tried to flip six buildings in the borough but wound up losing its deposits on 276 Fifth Avenue, 38 East 32nd Street and the Forbes Building at 60 Fifth Avenue, and only ever closed on 12 Warren, as Crain’s reported after the market crashed in 2008. [REW]