SHOPPES AT SOUTHERN PALMS PURCHASED FOR $31.4 MILLION
Wellington, FL – January 20, 2012 – (RealEstateRama) — CBRE announced today the sale of Shoppes at Southern Palms, a 200,889-square-foot shopping center located on Southern Boulevard in Palm Beach County, Florida to New York-based Garrison Investment …
Global Outlook for Real Estate Remains Unclear In 2012
Los Angeles, CA – January 20, 2012 – (RealEstateRama) — Macro-economic and political landscape uncertainty suggests that a cautious outlook for commercial real estate is likely to persist into 2012 according to a new report from CBRE Global Research. The Global ViewPoint for 2012 notes that high quality real estate assets in prime locations should continue to perform well compared to secondary real estate and very competitive with regard to other asset classes.
WINN-DIXIE ANCHORED SHOPPING CENTER IN ST. PETERSBURG, FL SELLS
St. Petersburg, FL – January 19, 2012 – (RealEstateRama) — Bay View Plaza, a 78,781-square-foot shopping center anchored by a Winn-Dixie grocery store, was recently purchased by Hachem Investments, Inc of Tampa, FL. CBRE marketed the property for sale…
CBRE FORT LAUDERDALE OFFICE PROMOTES TWO PROFESSIONALS
Fort Lauderdale, FL – January 18, 2012 – (RealEstateRama) — Deanna Lobinsky and Travis Herring of CBRE in Fort Lauderdale office have earned the titles of Senior Vice President and First Vice President, respectively. Broker titles at CBRE reflect quan…
CBRE’S TRACI JENKS NAMED PRESIDENT-ELECT FOR NAIOP NORTHEAST FLORIDA
Jacksonville, FL – January 6, 2012 – (RealEstateRama) — CBRE is pleased to announce Traci Jenks, Senior Associate with the Jacksonville office, has been named president-elect to the NAIOP Commercial Real Estate Development Association with the Northea…
NEW TEAM TO PROVIDE INNOVATIVE SERVICE TO SOUTH FLORIDA RETAIL
Miami, FL – January 3, 2012 – (RealEstateRama) — CBRE announced today the addition of retail brokerage professionals, Patxi Diaz and Danny Diaz. The two are joining as Associates to partner with Senior Vice President Paco Diaz, an established top prod…
CBRE CAPITAL MARKETS ARRANGES $5 MILLION IN FIXED FINANCING FOR THE GREEN COMPANIES
Hialeah, FL – December 21, 2011 – (RealEstateRama) — CBRE Capital Markets in Miami secured $5 million in fixed financing on behalf of The Green Companies, a family-owned real estate development firm based in Miami. The terms of the loan, for the Green…
NEW $135 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY
Miami, FL – December 21, 2011 – (RealEstateRama) — In one of the largest industrial land transactions in Miami-Dade County since before the recession, Liberty Property Trust (NYSE:LRY) has acquired 126 acres for the development of Miami International …
CBRE AWARDED “BROKER DEAL OF THE YEAR” FOR INDUSTRIAL AT NAIOP BEST OF THE BEST AWARDS 2011
Tampa, FL – December 16, 2011 – (RealEstateRama) — By overcoming the challenges of the current market conditions and positively impacting today’s greatest economic indicator, job growth, NAIOP Tampa Bay awarded CBRE ‘Broker Deal of the Year’ in …
CBRE CAPITAL MARKETS ARRANGES $18.5 MILLION LOAN FOR STUDENT HOUSING PROPERTY IN LEXINGTON, KY
Lexington, KY – December 14, 2011 – (RealEstateRama) — CBRE Capital Markets arranged an $18.5 million loan via Freddie Mac for the purpose of taking out bank construction financing on Red Mile Village, a 537-bedroom Class A student housing property ne…
CBRE CAPITAL MARKETS ARRANGES FINANCING FOR CARRIAGE HILLS APARTMENTS IN PENSACOLA
Pensacola, FL – December 14, 2011 – (RealEstateRama) — CBRE Capital Markets recently arranged $6.75 million in proceeds for the purpose of refinancing the debt on Carriage Hills Apartments, a 260-unit garden style apartment complex in Pensacola, Flori…
EXECUTIVE AIRPORT BUSINESS CENTER PURCHASED FOR $3.4 MILLION
Fort Lauderdale, FL – December 12, 2011 – (RealEstateRama) — Sale transactions involving commercial real estate assets at significantly reduced prices continue to flood the investment properties market. Supporting this trend was KAS Airport, LLC’s $…
244,247-SF OFFICE PARK TRADES IN DELRAY BEACH
Delray Beach, FL – December 8, 2011 – (RealEstateRama) — CBRE announced today the sale of The Arbors Office Park at 1615, 1625 & 1690 South Congress Avenue in Delray Beach to RexxHall Realty. LLC. The three-building office park totals 244,247 ren…
THE ISLES OF GATEWAY APARTMENT COMMUNITY SOLD FOR $16.82 MILLION
St. Petersburg, FL – December 8, 2011 – (RealEstateRama) — CBRE announced today the sale of The Isles of Gateway, a 212-unit apartment community located in St. Petersburg’s Gateway submarket. Located at 10600 Fourth Street North, The Isles of Gatewa…
HILLDRUP UNITED VAN LINES TAKES 60,000 SF IN ORLANDO’S CYPRESS PARK EAST
Orlando, FL – November 29, 2011 – (RealEstateRama) — November 29, 2011 – CBRE announced today the 60,000-square-foot new lease acquisition by Hilldrup United Van Lines at Cypress Park East, Building 5 in Orlando. The established moving and storage …
RETAIL BUILDING AND MCDONALDS GROUND LEASE PURCHASED FOR $2.6M
West Palm Beach, FL – November 21, 2011 – (RealEstateRama) — CBRE is pleased to have facilitated the $2.6 million acquisition of 9835-9847 Okeechobee Boulevard on behalf of the buyer, Okeechobee 9847 LLC. The purchase includes a long-term ground lease…
U.S. MULTI-HOUSING VACANCY RATE EXPECTED TO HOLD STEADY IN 2012
Boston, MA – November 21, 2011 – (RealEstateRama) — The U.S. multi-housing market vacancy rate is expected to hold steady at 5.5% in 2012, according to a new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the multi-housing vacancy will decline to 5.2% in 2013.
CBRE CAPITAL MARKETS ARRANGES $52.57 MILLION IN PERMANENT FINANCING FOR MULTIFAMILY PROPERTIES
Orlando, FL – November 21, 2011 – (RealEstateRama) — Financing of multifamily properties through Freddie Mac’s Capital Markets Execution (CME) loan program remains strong throughout the U.S. as reflected by the recent transactions from CBRE’s Orla…
FREIGHT FORWARDING FIRM EXPANDS IN DORAL
Doral, FL – November 10, 2011 – (RealEstateRama) — Codotrans, Inc. is relocating and expanding to Beacon Centre with new lease agreement for 41,990 square feet. The cargo logistics firm is increasing their footprint in Doral by approximately 17,000 sq…
U.S. OFFICE REAL ESTATE VACANCY RATE EXPECTED TO SEE SLIGHT DECLINE IN 2012
Boston, MA – November 9, 2011 – (RealEstateRama) –– The U.S. office market vacancy rate is expected to decline modestly next year, falling to 15.7% by the end of 2012, according to a new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the office vacancy decline will accelerate in the following year and fall to 14.8% by the end of 2013.
