ONE OF SOUTH FLORIDA’S FEW REMAINING DEVELOPABLE OCEANFRONT SITES IS UP FOR SALE
Fort Lauderdale, FL – July 10, 2013 – (RealEstateRama) — CBRE’s Multi-Housing Group has been selected to market 2000 South Ocean Drive in Hallandale Beach, Florida, a 1.3 acre oceanfront development with 100 feet of direct beach frontage on the Atla…
CBRE ARRANGES SALE OF THANKSGIVING TOWER
DALLAS, TX – July 10, 2013 – (RealEstateRama) — CBRE announces the sale of Thanksgiving Tower to a partnership led by Dallas based Woods Capital Management, LLC. A well-known office tower located at the heart of Dallas’ revitalized central business …
CBRE SELECTED AS EXCLUSIVE LEASING AGENT FOR LANDMARK OFFICE COMPLEX IN CORAL GABLES
Miami, FL – July 9, 2013 – (RealEstateRama) — CBRE has been appointed by USAA Real Estate Company (“Realco”), one of the largest owners of Class A office space in Coral Gables, as the exclusive leasing agent for “The Alhambra,” a landmark, Mediterranean-style office complex located at the eastern gateway to Coral Gables in Miami, Florida. CBRE’s Maggie Kurtz, Senior Vice President, and Diana Parker, Senior Vice President, are the leasing agents.
CBRE ARRANGES $23.75 MILLION LOAN FOR DALLAS OFFICE TOWER
Miami, FL – July 9, 2013 – (RealEstateRama) — CBRE’s Debt & Equity Financing Group has secured a loan of $23.75 million for the acquisition of 7557 Rambler – a 310,771-square-foot, 14-story office tower at 7557 Rambler Road in Dallas, Texas. The borrower was Parmenter Realty Partners, based in Miami. NXT Capital out of Kennesaw, Georgia provided the three-year, floating rate loan, which was made at a 70% loan to cost ratio.
CBRE SELECTED TO LEASE AND MANAGE PRIME WEST PALM BEACH OFFICE TOWER
West Palm Beach, FL – July 8, 2013 – (RealEstateRama) –– CBRE was selected to lease and manage One Clearlake Centre, a 236,500-square-foot, 18-floor Class A office tower at 250 South Australian Avenue in West Palm Beach, Florida. CBRE will market the property on behalf of AEW Capital Management (AEW), and will provide leasing, property management, project management and technical services
CBRE ARRANGES SALE OF LA FITNESS IN STUART FOR $10.95 MILLION
Fort Lauderdale, FL – July 2, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of LA Fitness located at 1901 NW Federal Highway, in Stuart, Martin County, Florida. The buyer, Realty Income Corporation, purchased the property …
NON-PROFIT EDUCATIONAL PROVIDER ACQUIRES 168,000SF WAREHOUSE IN JACKSONVILLE
Jacksonville, FL – July 1, 2013 – (RealEstateRama) — CBRE arranged the sale of a 168,000-square-foot, single-story warehouse in Jacksonville on behalf of the buyer, Compass Rose Foundation Inc., a non-profit Florida-chartered organization. The warehou…
CBRE SECURES $14.93 MILLION IN FINANCING FOR ATLANTA OFFICE BUILDINGS
Miami, FL – June 28, 2013 – (RealEstateRama) — CBRE Debt & Equity Financing Group worked on behalf of Banyan Street Capital, based in Miami, to secure $14.93 million in financing for the purchase of Davinci Court, two Class A office buildings tota…
CBRE SECURES $25 MILLION LOAN FOR NJ APARTMENT COMPLEX
Miami, FL – June 28, 2013 – (RealEstateRama) — CBRE Debt & Equity Financing Group worked on behalf of The Brunetti Organization to secure $25 million for a supplemental mortgage on Richfield Village Apartments in Clifton, New Jersey. Prudential, o…
CLASS A OFFICE BUILDING NEAR MIZNER PARK IN BOCA RATON SELLS FOR $4.6 MILLION
Boca Raton, FL – June 27, 2013 – (RealEstateRama) — CBRE announced the sale of an 8,010-square-foot office building in Boca Raton. The two-story building at 140 North Federal Highway was sold for $4.6 million to Lido Realty LLC, a New York-based compa…
OFFICE VACANCY DECLINES IN MAJOR MARKETS IN Q2 2013
Miami — June 26, 2013 — Office vacancy rates declined in most major U.S. markets during Q2 2013, according to preliminary data from CBRE Group, Inc. Ten of the 13 largest markets showed declines in office vacancy, led by Boston and Houston. Industr…
11-BUILDING INDUSTRIAL PORTFOLIO IN MEDLEY SELLS FOR $59.85 MILLION
Miami, FL – June 26, 2013 – (RealEstateRama) — CBRE arranged the sale of Medley West, a 846,651-square-foot industrial park located at 9000 NW 106th Street in Medley, Florida. The sale represents the largest industrial trade in Miami for more than a y…
PRIVATE EQUITY FIRM RELOCATES TO BOCA RATON
Miami, FL – June 25, 2013 – (RealEstateRama) — CBRE has arranged lease for Kayne Anderson Real Estate Advisors, LLC, at One Town Center in Boca Raton. Kayne will take 12,637 square feet on the property’s third floor. This is the first tenant to sign…
BBVA COMPASS BANK GROWTH DRIVES OFFICE EXPANSION IN DOWNTOWN ORLANDO
Orlando, FL – June 24, 2013 – (RealEstateRama) — CBRE arranged a 13,257-square-foot lease on behalf of BBVA Compass Bank, a Birmingham-based financial institution, for office space in the One Eleven building located at 111 North Magnolia in Orlando’s …
PRIME 64-ACRE DEVELOPMENT SITE IN ORLANDO CHANGES HANDS
Orlando, FL – June 21, 2013 – (RealEstateRama) — CBRE represented the seller, Eden Springs Development, LLC, in the sale of 64+ acres of vacant land suitable for mixed-use development on Turkey Lake Road, fronting I-4, just south of Sand Lake Road in …
CBRE WELCOMES NEW PROJECT MANAGER FOR THE FT. LAUDERDALE PROJECT MANAGEMENT GROUP
Ft. Lauderdale, FL – June 20, 2013 – (RealEstateRama) – CBRE is pleased to announce the addition of Greg Garcia, LEED AP to the Florida Project Management team. He is located in the Ft. Lauderdale office and serves as a project manager assisting in the…
DISTRESSED LAUDERHILL OFFICE PROPERTY CHANGES HANDS
Miami, FL – June 20, 2013 – (RealEstateRama) – The CBRE Private Capital Group (PCG) arranged the sale of Executive University Courts, a 102,120-square-foot Class B office complex at 4300 North University Drive in Lauderhill, Florida, for $5.3 million. …
CBRE SELLS 5,155-SQUARE-FOOT MULTI-TENANT SHOPPING CENTER
Fort Lauderdale, FL – June 17, 2013 – (RealEstateRama) — CBRE arranged the sale of Seminole Orange Plaza – Building 2, a 5,155-square-foot, four-tenant shopping center in Loxahatchee, Palm Beach County, Florida. The buyer, SR Loxahatchee, LLC, purchas…
CBRE COMPLETES $12.1 MILLION SALE OF THREE SHOPPING CENTERS IN CENTRAL FLORIDA
Orlando, FL – June 13, 2013 – (RealEstateRama) — CBRE closed a complex transaction on behalf of Century Retail affiliates involving the sale of three retail properties to Baltimore-based America’s Realty for $12.1 million. The seller, three separate e…
CBRE ARRANGES SALE OF LAKESIDE VILLAGE SHOPPING CENTER AND ADJOINING OUTPARCELS IN WINDERMERE
Orlando, FL – June 13, 2013 – (RealEstateRama) — In separate transactions, CBRE has closed on the sale of Lakeside Village Center, a Publix-anchored shopping center in Windermere, Florida, plus the separate sales of adjoining McDonald’s and 7-Eleven o…