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CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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CBRE’s Philip D. Voorhees, Preston Fetrow, Kirk Brummer and NRP-West Team Complete Sale of...

CBRE Executive Vice President Philip D. Voorhees and Senior Vice Presidents, Preston Fetrow and Kirk Brummer announced today that they, in conjunction with the National Retail Partners – West (NRP-West) team, completed the sale of Riverlakes Village, a 92,212-square-foot grocery-anchored shopping center in the city of Bakersfield, Calif.

CBRE National Retail Partners West Completes Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million. More...

CBRE’s Philip D. Voorhees and NRP-West Team Complete Silver Lake Collection Sale for $13.30...

CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif. Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Southgate Plaza in Sacramento,...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Taco Bell and Shops...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of High Quality Retail Center...

CBRE Executive Vice President Philip D. Voorhees and Jimmy Slusher announced today that the National Retail Investment Group – West (NRIG-West) team completed the sale of The Terrace, a two-level, 39,634-square-foot shopping center with structured parking in the city of Newbury Park, Calif. Leased to a complementary mix of 12 restaurant, retail and athletic-focused uses, tenants at The Terrace include: Orangetheory Fitness, Hot Yoga 1000, Road Runner Sports, Bottle and Pint, and others.

CBRE BRINGS ‘RETAIL SCIENCE’ TO 2015 ICSC FLORIDA CONFERENCE

CBRE returns to the annual International Council of Shopping Centers (ICSC) Florida Conference this year with a new booth and a fresh perspective on Florida retail. CBRE’s innovative “Retail Science” market strategy features industry-leading rese...

CBRE’S SHELTON GRANADE NAMED VICE CHAIRMAN

CBRE is pleased to announce that Shelton Granade has been promoted to Vice Chairman, which is the highest title for producers within CBRE. Granade, who joined CBRE in 2003, is a member of CBRE’s Capital Markets, Investment Properties team based in Or...

CBRE’S PHIL WEBER NAMED FIRST VICE PRESIDENT

CBRE is pleased to announce that Phil Weber has been promoted to First Vice President. Weber is a member of CBRE’s Office Services team based in Tampa. He focuses on representing landlords and tenants in office leasing negotiations throughout the Gre...

CENTURY-OLD DOWNTOWN MIAMI BUSINESS HEADS TO HIALEAH

CBRE arranged a long-term lease for a century-old business that is leaving the urban core to make way for the Miami WorldCenter development. The Cromer Company, a wholesaler specializing in resort apparel like t-shirts, beach towels, flip flops, and c...

CBRE ARRANGES $5.5 MILLION LOAN FOR REFINANCING OF NORTH MIAMI BEACH INDUSTRIAL ASSET

CBRE Capital Markets’ Debt & Structured Finance originated $5.5 million in refinancing for Gardens Industrial, a 111,100-square-foot asset located on 5.2 acres at 18227-18255 & 18331-18389 NE 4th Court in North Miami Beach, Florida.

CBRE CAPITAL MARKETS ARRANGES $111 MILLION LOAN FOR APARTMENT PORTFOLIO IN HOUSTON, TX

CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.

CBRE TO MARKET ICONIC MIAMI HOTEL PROPERTY

CBRE Hotels has been engaged to exclusively represent the owner of the iconic Conrad Miami. The hotel is ideally situated on the most prestigious street in the heart of Mimi’s business and financial district. The 203-room luxury hotel at 1395 Bricke...

CBRE APPOINTED TO SELL 20,523-ACRE FLORIDA AGRICULTURAL PORTFOLIO FOR METLIFE

CBRE has been selected by MetLife, Inc. as the exclusive listing agent for a 20,523-acre portfolio of Florida agricultural land located in St. Lucie, Indian River and Okeechobee Counties. The portfolio consists of a mix of pasture, transitioning grove,...

CBRE CLOSES SALE OF WELL-LOCATED DANIA BEACH INDUSTRIAL ASSET

CBRE arranged the sale of a freestanding, 29,770-square-foot industrial property prominently located at the corner of Ravenswood and Stirling Roads in Dania Beach, Florida. The Ravenswood Industrial asset, which sits on a 2.1-acre property at 5950 Rave...

CBRE BROKERS $12.6 MILLION SALE OF ALTAMONTE SPRINGS APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Village Green, a 164-unit, 140,000-square-foot apartment community in the Altamonte Springs area of Orlando. Located at 112 Essex Avenue, the asset was acquired from Harbor Group International, LLC by Insula Co...

CBRE SELLS MULTI-TENANT RETAIL CENTER IN DELRAY BEACH

CBRE arranged the sale of Delray Commons, a 68,292-square-foot, multi-tenant retail center located at 5020-5080 Atlantic Avenue in Delray Beach, Florida. Mall 5020 LLC purchased the property for $10,750,000. The seller was Delray Commons, LLC, affiliat...

TAMPA BAY MAKES BIGGEST YEAR-OVER-YEAR JUMP ON CBRE’S ANNUAL GREEN BUILDING ADOPTION INDEX

With over a third of its office space considered “green,” Tampa Bay ranked 17th out of 30 markets on the 2015 Green Building Adoption Index, a joint project of CBRE Group, Inc. and Maastricht University. The Tampa Bay market made the largest leap i...

MIAMI RANKS NINTH ON CBRE’S ANNUALGREEN BUILDING ADOPTION INDEX

For the purposes of this report, “green” office space is defined as holding either an EPA ENERGY STAR label, U.S. Green Building Council (USGBC) full-building LEED certification or both. Using square feet as a measure, 41.6% of Miami’s office mar...

CBRE TO MARKET ST. TROPEZ APARTMENT COMMUNITY IN PLANTATION’S MIDTOWN BUSINESS DISTRICT

CBRE has been retained as exclusive broker for the sale of St. Tropez, a value-add apartment property located in the highly desirable Midtown Business District of Plantation, Florida. The gated community at 8000 Cleary Boulevard includes 376 townhome-s...

CBRE TAPPED TO MARKET 1,400-ACRE INDUSTRIAL BUSINESS PARK IN WEST CENTRAL FLORIDA – TAMPA...

CBRE has been retained as the exclusive advisors for a 1,400-acre development site named “Lakeside Station,” located on the southeast corner of Park Road and US-92 in Plant City, Florida, approximately 15 minutes outside of Tampa. The business park...

CBRE TO MARKET 50-ACRE HOTEL DEVELOPMENT SITE IN HEART OF ORLANDO’S TOURISM CORRIDOR

CBRE has been selected as the exclusive listing agent for a 49.7-acre hotel/timeshare site located on the south side of I-4, directly across from the new $200+ million Disney Springs redevelopment of Downtown Disney in Orlando, Florida – the number ...

CBRE ARRANGES SALE OF FORT LAUDERDALE INDUSTRIAL ASSET

CBRE arranged the sale of the 103,316-square-foot, 4.6-acre Gateway Industrial Center in Fort Lauderdale, Florida. The asset at 2030 West McNab Road was acquired from 2030 Asset Ventures LLC by Donovan Marine, Inc., for $5.3 million.

CBRE DEBUTS NEW ONLINE MAGAZINE “BLUEPRINT”

CBRE Group, Inc. (NYSE:CBG) today unveiled Blueprint, an online magazine dedicated to telling timely and insightful stories about the transformational role real estate plays in the world

CBRE CAPITAL MARKETS ARRANGES SALE OF OVIEDO APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Barrington Place Apartments, a 233-unit apartment community in the Oviedo area of Orlando for an undisclosed amount. Located at 2785 Chaddsford Circle, the complex was completed in 1998 and has a current occup...

CBRE CLOSES $23.65 MILLION SALE OF ALTAMONTE SPRINGS APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Lakeshore Apartment Homes, a 224-unit rental community in the Altamonte Springs area of Orlando. Located at 210 Altamonte Bay Circle, the lakeside property was acquired from a private equity group based in Den...

CBRE CAPITAL MARKETS ARRANGES $12.75 MILLION SALE OF ORLANDO APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Marbella Lakes, a 200-unit apartment community in Orlando, Florida. The gated community, located at 1980 Lake Fountain Drive, was acquired from IMT Residential by Blue Rock Partners for $12.75 million. CBRE’s...

CBRE CLOSES $4.6M SALE OF EXECUTIVE AIRPORT BUSINESS CENTER

June 15, 2015 – CBRE arranged the sale of the 73,216-square-foot Executive Airport Business Center in Fort Lauderdale, Florida. The 6.09-acre site with two single-story office/service buildings at 5101 NW 21st Avenue was acquired for $4.6 million by ...

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families