CBRE ARRANGES $250 MILLION ACQUISITION FINANCING FOR H&R REIT
Long Island City, NY – November 7, 2011 – (RealEstateRama) — The CBRE Capital Markets team in Tampa arranged the acquisition financing on Two Gotham Center, a 670,000-square-foot, state-of-the-art, LEED Certified 22-story office building, on behalf of…
WASHINGTON SHORES PLAZA PURCHASED FOR $1.8 MILLION
Orlando, FL – November 4, 2011 – (RealEstateRama) — Washington Shores Plaza, a neighborhood shopping center with 45,370 rentable square feet, was purchased by CRP II – Washington Shores LLC for $1.8 million. CBRE marketed the REO asset for sale on b…
BOCA RATON RETAIL TEAM JOINS CBRE IN SOUTH FLORIDA
Boca Raton, FL – November 1, 2011 – (RealEstateRama) — CBRE announced today the addition of two notable retail brokerage professionals, Roxanne Register and Lynette Green. The team will focus on providing landlord and tenant representation to retail p…
LAW FIRM TAKES FULL FLOOR AT SARASOTA’S M&I BANK BUILDING
Sarasota, FL – October 31, 2011 – (RealEstateRama) — The Sarasota-based law firm of Kirk-Pinkerton, P.A. signed a new lease at the M&I Bank Building in Sarasota for 10,104 square feet, comprising the full sixth floor. CBRE Associate Kimberly Roger…
HILLMOOR VILLAGE APARTMENTS SOLD FOR $10.5 MILLION
Port St. Lucie,, FL – October 28, 2011 – Torchlight Investors sold Hillmoor Village Apartments to Finbay Pacific for $10.5 million. Torchlight acquired the property in December 2010 through a lender foreclosure. At that time, the property was 60% o…
COLONIAL PLACE SEES 28,000 SF IN NEW LEASE ACTIVITY
Tampa, FL – October 28, 2011 – (RealEstateRama) — Westshore continues to hold the position of Tampa Bay’s strongest submarket, with a 20 basis point improvement in vacancy rates during the third quarter and three sustained quarters of positive absor…
CBRE AND REBUILDING TOGETHER TEAM UP TO SUPPORT SOUTH FLORIDA HOMEOWNER IN NEED
Plantation, FL – October 26, 2011 – (RealEstateRama) — CBRE Group, Inc. (CBRE) successfully partnered with Rebuilding Together of Broward County—an organization working to preserve affordable homeownership and revitalize neighborhoods—to a homeown…
TOWN PLAZA PURCHASED FOR $2.9 MILLION
St. Petersburg, FL – October 25, 2011 – (RealEstateRama) — CBRE announced today the sale of Town Plaza, a 67,050-square-foot shopping center, to a locally based private investor for $2.9 million. The new ownership has plans to revive the neighborhood …
FLORIDA COMMERCIAL REAL ESTATE OUTLOOK REMAINS POSITIVE
– October 24, 2011 – (RealEstateRama) — After suggestions of a ‘double-dip’ recession have subsided, third quarter statistics show Florida is still moving toward recovery, despite inconsistent trends. As reported in the State of Florida MarketView…
FLORIDA COMMERCIAL REAL ESTATE OUTLOOK REMAINS POSITIVE
Florida – October 21, 2011 – (RealEstateRama) — After suggestions of a ‘double-dip’ recession have subsided, third quarter statistics show Florida is still moving toward recovery, despite inconsistent trends. As reported in the State of Florida Ma…
BETHESDA HEALTH CITY ACQUIRED FOR $37 MILLION
Boynton Beach, FL – October 19, 2011 – (RealEstateRama) — CBRE arranged the financing for the acquisition of Bethesda Health City, a medical health care facility, on behalf of Flagler Investment LLC. The terms of the $26.3 million loan include a ten-year term, 30-year amortization, at 70% loan-to-value.
Newsweek Ranks CBRE Group, Inc. Greenest Real Estate Firm For 2011
Los Angeles, CA – October 19, 2011 – (RealEstateRama) — Newsweek, a leading U.S. weekly newsmagazine, has ranked CBRE Group, Inc. the greenest real estate company in its 2011 Green Rankings. The list measures the environmental performance of the 500 largest U.S.-based publicly traded companies. The ranking is based on each company’s environmental impact, management and disclosure efforts.
SPRING FOOTWEAR PURCHASES FORMER FURNITURE SHOWROOM FOR HEADQUARTERS EXPANSION AND RELOCATION
Pompano Beach, FL – October 17, 2011 – (RealEstateRama) — Leveraging the conditions of the market favoring both tenants and buyers, Spring Holdings Realty, LLC recently purchased a 58,811-square-foot showroom to serve as the new headquarters for Sprin…
HNTB RENEWS AT FLAGLER WEST CORPORATE PARK
Miami, FL – October 13, 2011 – (RealEstateRama) — CBRE announced today the office lease renewal transaction by HNTB at Flagler West Corporate Park in Miami. HNTB consolidated their previous locations within the building to a single 18,904-square-foot …
CBRE ARRANGES $14.95 MILLION LOAN FOR COLORADO CBRE ARRANGES $14.95 MILLION LOAN FOR COLORADO SPRINGS APARTMENT ACQUISITION APARTMENT ACQUISITION
Colorado Springs, CO – October 6, 2011 – (RealEstateRama) — Led by the Miami Capital Markets team in partnership with the Denver office, CBRE arranged the $14,950,000 loan for the acquisition of Cheyenne Crossing Apartments in Colorado Springs. Financ…
OFF-SHORE CAPITAL PURCHASES PRESCHOOL BUILDING FOR OVER $3 MILLION
Coconut Creek, FL – October 4, 2011 – (RealEstateRama) — CBRE brokers Scott O’Donnell, Dominic Montazemi, Marty Busekrus and Miguel Alcivar arranged the sale disposition of a 28,039-square-foot preschool facility to an off-shore investment group ope…
CBRE SELECTED TO LEASE CORPORATE PARK AT INVERRARY
Lauderhill, FL – September 28, 2011 – (RealEstateRama) — CDM Property Investments (CDM) has appointed CB Richard Ellis (CBRE) as exclusive leasing advisor for Corporate Park at Inverrary, a 122,000-square-foot office property. Deborah Fink, a Vice Pre…
CB RICHARD ELLIS MULTI-HOUSING GROUP NAMED BEST BROKERAGE FIRM BY MULTI-HOUSING NEWS
Boston, NY – September 23, 2011 – (RealEstateRama) — CB Richard Ellis (CBRE) has been named Best Brokerage Firm by Multi-Housing News at its 2011 Excellence Awards reception in New York.
VF IMAGEWEAR GROWS OPERATIONS IN TAMPA BAY
Tampa, FL – September 22, 2011 – VF Imagewear continues growing in Tampa Bay. The industry apparel company inked a new lease at Oak Creek I, taking the full 222,000-square-foot building. CB Richard Ellis brokers, Rick Narkiewicz and John Jenkins …
CARROLLWOOD APARTMENT COMMUNITY SOLD FOR OVER $12,000,000
Tampa, FL – September 22, 2011 – (RealEstateRama) — CB Richard Ellis announced today the sale of Swan Lake Apartments, a 244-unit rental community located in Tampa, to Toulon Capital Partners. CBRE brokers, John Selby and Jim Bobbitt provided represen…
