NYSE:CBG
CBRE AWARDED “BROKER DEAL OF THE YEAR” FOR INDUSTRIAL AT NAIOP BEST OF THE...
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 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.
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...
