CBRE
NEW INDUSTRIAL DEVELOPMENT PLANNED FOR DCT INDUSTRIAL TRUST LAND ACQUISITION
Miami, FL - July 29, 2011 - (RealEstateRama) -- DCT Industrial Trust, Inc. purchased 14.68 acres of land from Jacksonville-based, Everbank, for $6,260,000. The two parcel property had a staged closing with the first phase occurring July 19. The second phase is slated to close by year end. DCT Industrial plans to develop industrial distribution space for lease. The site is located in the Doral/Airport submarket.
FLORIDA’S COMMERCIAL REAL ESTATE MARKETS TODAY: UP, DOWN AND IN BETWEEN
Miami, FL - July 28, 2011 - (RealEstateRama) -- Market conditions have improved across Florida, but with little consistency between product types and classes, as reported by the CBRE 2Q 2011 Statewide MarketViews released today. CBRE MarketViews report on commercial real estate trends in the Florida. Markets tracked include Jacksonville, Orlando, Tampa Bay, and South Florida.
FREIGHT FORWARDING FIRM EXPANDS AND PURCHASES FACILITY
Miami, FL - July 25, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today the sale of 10825 NW 33rd Street, a 8,885-square-foot industrial building, for $1,275,000. The building was purchased from A DE Q Holdings, Inc. by High Property Group, LLC with intent to occupy the space.
INDCOR PROPERTIES, INC. SELECTS CB RICHARD ELLIS GROUP, INC. TO PROVIDE PROPERTY MANAGEMENT SERVICES...
Los Angeles, CA - July 22, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that it has been selected by IndCor Properties, Inc. (IndCor), an affiliate of Blackstone Real Estate Advisors, to provide property management services for a 22 million sq. ft. national industrial portfolio. The appointment comes on the heels of IndCor’s selection of CB Richard Ellis to manage a 4 million sq. ft. industrial portfolio in late 2010.
United States Postal Service Awards CB Richard Ellis Group, Inc. Contract to Serve as...
Los Angeles, CA - July 20, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc (NYSE:CBG) today announced that the United States Postal Service (USPS) has awarded CB Richard Ellis a contract to serve as its exclusive provider of strategic corporate real estate solutions nationally. CB Richard Ellis will provide transaction management services for USPS, including leasing and disposition. USPS’s portfolio consists of approximately 35,000 facilities, totaling over 300 million sq. ft.
CBRE ADDS STRENGTH TO MULTI-HOUSING GROUP IN JACKSONVILLE
Jacksonville, FL - July 18, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) is augmenting service capabilities in Jacksonville’s multifamily investment properties market. Brian Moulder is joining the CBRE Multi-Housing Group (MHG) as a Senior Vice President, partnering with Vice Chairman, Dan Allen, and Senior Associate, Dhaval Patel. Moulder has served the southeast multifamily markets since 2003, most recently with Southeast Apartment Partners in Atlanta, GA.
BAYCARE HEALTH SYSTEM EXPANDS TO 60,749 SF AT COLONIAL CENTER BAYSIDE II
Clearwater, FL - July 13, 2011 - (RealEstateRama) -- The Tampa Bay area health care network, BayCare Health System expanded their occupancy at Colonial Center Bayside II by 13,556 square feet, for a total lease of 60,749 square feet.
FOREIGN INVESTOR PURCHASES PALM CLUB APARTMENTS FOR $7.8 MILLION
Lake Worth, FL - July 12, 2011 - (RealEstateRama) -- Israel-based group, PC Townhomes, LLC, purchased Palm Club Apartments for $7.8 million. With 160 units, the price paid for the Lake Worth townhome community amounted to $48,750 per unit.
CB RICHARD ELLIS GROUP, INC. ANNOUNCES COMPLETION OF ING CLARION REAL ESTATE SECURITIES ACQUISITION
Los Angeles, CA - July 4 30, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has completed the acquisition of ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Group N.V. (ING). CB Richard Ellis’ acquisition of substantially all of ING’s Real Estate Investment Management (REIM) operations in Europe and Asia remains on schedule to close later this year. The total purchase price for the ING CRES and REIM businesses is approximately $940 million.
CB RICHARD ELLIS TAPS TIM GIFFORD TO SERVE CAPITAL MARKETS OF LATIN AMERICA
Miami, FL - June 29, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today that Tim Gifford has joined the Capital Markets group as Senior Vice President. Gifford is based in the Miami office and will focus on investment acquisitions, dispositions and financing of properties in the Latin American markets.
CBRE CAPITAL MARKETS ARRANGES ACQUISITION FINANCING IN THE AMOUNT OF $12,650,000 FOR BRIARGLEN APARTMENTS
COLORADO SPRINGS, CO - June 29, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) Capital Markets, a Freddie Mac correspondent, arranged acquisition financing in the amount of $12,650,000 for Briarglen Apartments, a multi-family community totaling 220...
CB Richard Ellis Achieves Major Milestone with 10,000 Attendees in BOMA BEEP Training
Los Angeles, CA - June 28, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that it has exceeded 10,000 attendees in the BOMA Energy Efficiency Program (BEEP), a major industry milestone. That performance represents 40% of all attendees in what is recognized as the leading sustainability training program for commercial real estate professionals.
3.93-ACRE SITE ALONG NORTH FEDERAL HIGHWAY PURCHASED FOR AUTOMOTIVE RETAIL USE
Delray Beach, FL - June 23, 2011 - (RealEstateRama) -- FL-PB Park Place, LLC sold the 3.93-acre lot along North Federal Highway for $1,450,000 to an undisclosed buyer. Located just north of Maroone Volkswagon at 2419-2605 N Federal Highway, the vacant lot was once slated for a mixed-use development project dubbed Parc Place North. In 2005, the site was approved the development of 45 residential units as well as office and retail components.
DOWNTOWN TAMPA SITE PURCHASED $5 MILLION
Tampa, FL - June 23, 2011 - (RealEstateRama) -- CB Richard Ellis announced today the sale of the last vacant site on the Hillsborough River. The parcel, once to be the site of Trump Tower Tampa, a 52-story luxury condominium tower, was the topic of great controversy when development plans fell through during the height of the real estate recession
TIGHTENING SUPPLY PIPELINE LEADS TO BETTER THAN ANTICIPATED GLOBAL GROWTH IN INDUSTRIAL RENTS
Los Angeles, CA - June 8, 2011 - (RealEstateRama) -- A lack of suitable and available industrial properties is driving up industrial rents and spurring the return of speculative development in many prime markets, according to a new report from CB Richard Ellis Group, Inc. (CBRE).
CBRE AUCTION SERVICES TO CONDUCT SEALED BID AUCTION OF 28-ACRE INDUSTRIAL SITE IN...
New York, NY - June 6, 2011 - (RealEstateRama) -- Paul Galanis, managing director of CBRE Auction Services, announced today that a 28-acre redevelopment site located in Torrance, California, will be sold in a sealed bid auction on Wednesday, July 20th, 2011, providing a singular opportunity for future redevelopment in the heart of the South Bay.
CB RICHARD ELLIS NAMED TO THE FORTUNE 500 FOR 4th STRAIGHT YEAR
Miami, FL - May 17, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.
CB RICHARD ELLIS NAMED FASTEST-GROWING RETAIL PROPERTY AND LEASING MANAGER BY CHAIN STORE AGE
Los Angeles, CA - May 12, 2011 - (RealEstateRama) -- CB Richard Ellis Inc. (CBRE) has been named the world’s fastest-growing retail property and leasing manager by Chain Store Age for the second time in three years. The retail industry publication’s April/May 2011 issue reported that CBRE added 114.8 million sq. ft. of new global retail property management assignments in 2010, noting that ?CB Richard Ellis surely redefined growth in third-party portfolio management.
IAOP RANKS CB RICHARD ELLIS GROUP, INC. #6 AMONG ALL OUTSOURCING FIRMS
Los Angeles, CA - May 10, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that the Company has been recognized as the 6th ranked provider of outsourcing services across all industries, according to the annual Global Outsourcing 100 released by the International Association of Outsourcing Professionals (IAOP). This is the highest ranking for any commercial real estate services firm on the 2011 list, which recognizes the world’s most prestigious outsourcing service providers.
CB RICHARD ELLIS NAMED TO THE FORTUNE 500 FOR 4th STRAIGHT YEAR
Los Angeles, CA - May 10, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.
