IAOP Names CBRE Group, Inc. Among Top Outsourcing Providers for Eighth Time
Los Angeles, CA – February 20, 2013 – (RealEstateRama) — The International Association of Outsourcing Professionals (IAOP) has named CBRE Group, Inc. (CBRE) to the 2013 Global Outsourcing 100 list for the eighth straight year. The list recognizes the world’s best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges organized by IAOP.
CBRE Sees Domestic Energy Production Boom Enhancing Office Investment opportunities
Los Angeles, CA – February 20, 2013 – (RealEstateRama) — The increase in domestic energy exploration and production will spur office investment opportunities in U.S. markets like Dallas, Pittsburgh and Oklahoma City; the transformation of the supply chain by e-commerce will accelerate changes in distribution facilities and locations; and an aging population will significantly drive apartment rental demand during this decade. Those are among the key real estate trends that CBRE has identified in a new report, “13 Trends for 2013.”
THE WINGS GROUP HIRES CBRE TO MARKET THE NEWLY RENOVATED LINCOLN BUILDING IN MIAMI BEACH
Miami Beach – February 13, 2013 – (RealEstateRama) — The Wings Group, a New York-based real estate firm, has just completed a multi-million dollar renovation and upgrade on their most recent Florida acquisition, The Lincoln Building at 350 Lincoln Road in Miami Beach. The privately held real estate firm hired CBRE leasing team to market the 50,000-square-foot, Class A office/retail property.
INDCOR PROPERTIES APPOINTS CBRE TO LEASE INDUSTRIAL PORTFOLIO
Orlando, FL – February 11, 2013 – (RealEstateRama) — CBRE has been selected by IndCor Properties, Inc. (IndCor), to provide leasing services for the recently purchased Crossroads Distribution Center, an industrial portfolio in South Orlando. This rece…
VACANT BANKERS ROW OFFICE PROPERTY AIMS TO ATTRACT NEW YORK FINANCIAL FIRMS WITH RENOVATIONS AND NEW AGENCY
Palm Beach, FL – February 8, 2013 – (RealEstateRama) — As more private equity firms and hedge funds housed in Wall Street explore South Florida for its abundance of high-net worth individuals, the owners of 218 Royal Palm Way are gearing up to offer a…
CBRE CLOSES LARGEST COMMERCIAL REAL ESTATE DISPOSITION IN CHILE
Santiago, Chile/Miami, FL – February 8, 2013 – (RealEstateRama) — CBRE Capital Markets professional Tim Gifford, FRICS, closed a major cross-border commercial property trade of a 600,000-sq.-ft. office portfolio in Santiago, Chile by Union Investment …
CBRE SELLS 54-UNIT ORCHID GROVE TOWNHOME COMMUNITY FOR $11 MILLION
Pompano Beach, FL – February 7, 2013 – (RealEstateRama) — Local private capital group Orchid Grove Holdings, LLC closed on the sale of 54 townhomes within Orchid Grove located at 649 South Cypress Road, Pompano Beach, Florida. The townhomes were purchased by a private capital group, 1370 S. Ocean, LLC, for $11 million ($203,704 per unit or $94 per square foot.) CBRE’s Multi-Housing Private Capital Group in South Florida represented the seller, Orchid Grove Holdings, LLC, a local private capital group
CBRE SELLS 31-UNITS ON MIAMI BEACH FOR $3.3 MILLION
Ft Lauderdale, FL – February 6, 2013 – (RealEstateRama) — The CBRE Multi-Housing Private Capital Group is pleased to announce the sale of 31 apartment units located at 7609-7617 Carlyle Avenue (16-units); 7635 Dickens Avenue (8-units); and 531 76 Stre…
IBM SOUTHEAST EMPLOYEES’ FEDERAL CREDIT UNION SELECTS CBRE AS EXCLUSIVE MULTI-MARKET OCCUPIER SERVICE PROVIDER FOR SOUTHEAST U.S. PROPERTIES
South FL – January 31, 2013 – (RealEstateRama) — CBRE has been named as exclusive agency provider by IBM Southeast Employee’s Federal Credit Union (IBM) for their 16-property real estate portfolio of owned and leased office and branch facilities in Florida and Georgia. First Vice President Rick Miller, SIOR, and Senior Associate Tyler Harrison comprise the CBRE team providing tenant advisory services to IBM.
CBRE CLOSES $60.1 MILLION FINANCING PORTFOLIO ON BEHALF OF H&R REIT FOR SOUTHEAST US RETAIL PROPERTIES
Central/North Florida – January 16, 2012 – (RealEstateRama) — CBRE Capital Markets secured a total $60,075,000 in financing for the acquisition of seven shopping centers in Florida and for the refinance of a Lowe’s in Opelika, Alabama, on behalf of H&R REIT. The lender, an undisclosed life company, held the loan terms open for period of three months. Financing on six of the assets closed on September 6, 2012 while the full loan portfolio closed December 28, 2012.
NEW $100 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY
Miami, FL – January 15, 2012 – (RealEstateRama) — Butters Construction & Development is starting the new year with another announcement for the largest new industrial development in Miami-Dade County. Butters has partnered with L&B Realty Advi…
BAL HARBOUR SUNTRUST BUILDING SOLD FOR $13.5 MILLION
Bal Harbour (Miami Beach), FL – January 14, 2012 – (RealEstateRama) — The SunTrust bank building located at 9600 Collins Avenue in Miami Beach’s Bal Harbour village was acquired for $13.5 million by an affiliate of the owner of Bal Harbour Shops. Th…
CBRE Group, Inc. Expands Service Offerings for Dow Chemical In North America, Adds Asia Pacific
Los Angeles, CA – January 14, 2012 – (RealEstateRama) — CBRE Group, Inc. (NYSE:CBG) announced today it has signed a multi-year contracts with The Dow Chemical Company (NYSE: DOW) to expand its service offerings to include facilities management services in North America and Asia Pacific. Dow has been a client of CBRE’s since 1995
U.S. Commercial Real Estate Continues Recovery in Fourth Quarter of 2012, According to CBRE Group, Inc.
Los Angeles, CA – January 10, 2012 – (RealEstateRama) — Despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in the fourth quarter of 2012 (Q4 2012), according to the latest analysis from CBRE Group, In
INLAND PURCHASES SAXON CROSSINGS SOLD FOR $20.7 MILLION
Orlando, FL – June 28, 2012 – (RealEstateRama) — CBRE Capital Markets arranged the sale of Saxon Crossings Shopping Center, a 119,590-square-foot community shopping center located in Orange City for $20,730,000. CBRE Senior Vice President Cliff Taylor…
LAKEWOOD SHOPPING CENTER SOLD FOR $31.5 MILLION
Margate, FL – June 28, 2012 – (RealEstateRama) — CBRE announced today the sale of Lakewood Shopping Center, a 236,679-square-foot shopping center located on West Atlantic Boulevard in Margate, Florida. The property was acquired by an affiliate of Toro…
MIAMI LAKES RESEARCH & INDUSTRIAL PARK PURCHASED FOR $14.3 MILLION
Miami Lakes, FL – June 27, 2012 – (RealEstateRama) — CBRE announced today the sale of Miami Lakes Research & Industrial Park, an eight-building R&D manufacturing campus located at 14400–14560 NW 60th Avenue. The 290,529-square-foot campus …
GERARD YETMING JOINS CBRE SOUTH FLORIDA MULTI-HOUSING GROUP
Fort Lauderdale, FL – June 20, 2012 – CBRE has announced the addition of Gerard Yetming as Senior Vice President with the Investment Properties Multi-Housing Group in South Florida. Mr. Yetming is a former executive with The Federated Companies and…
SUNRISE RETAIL CENTER SOLD FOR $3.5 MILLION
Sunrise, FL – June 15, 2012 – Local private investment group, Waterstone Capital LLC, purchased Springtree Center, a 46,760-square-foot retail center in Sunrise, Florida, for $3,475,000 or $74.36 per square foot. CBRE Vice President William Strauss…
FREIGHT FORWARDING FIRM EXPANDS TO 50,000 SF IN MIAMI
Miami, FL – June 14, 2012 – (RealEstateRama) — In Miami’s booming recovery of industrial markets, Hialeah has been slow to join the movement. A new lease at 5959 NW 35th Avenue for 50,000 square feet absorbs a long-standing vacancy in the market. Th…