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.
Contact:
Nadja Brandt
Corporate Communications, Pacific Southwest
+1 213 6133627
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-y...
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 l...
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...
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...
ST. PETERSBURG APARTMENT COMMUNITY PURCHASED FOR $640,000
St. Petersburg, FL - September 22, 2011 - (RealEstateRama) -- The CBRE Multi-Housing Group in Tampa announced today the sale of the 18-unit Queen Anne Apartments in St. Petersburg to Queen Anne I LLC for $640,000. CBRE Associate, Matthew Baldwin provid...
WAVERLY SHOPPING CENTER TRADES FOR $1.6 MILLION
Pompano Beach, FL - September 21, 2011 - (RealEstateRama) -- In an all-cash transaction, JR Enterprises LLC sold Waverly Shopping Center for $1.6 million to Waverly Pompano Center LLC. The 20,521-square-foot retail center is located at 437 East Atlanti...
CBRE ORLANDO OFFICE PROMOTES TWO PROFESSIONALS
Orlando, FL - September 19, 2011 - (RealEstateRama) -- Christopher Sproles and James Mitchell recently achieved new titles at CB Richard Ellis (CBRE), reflecting quantifiable performance results within their service specialties. Sproles is a member of the Global Corporate Services team, focused on serving office occupiers and buyers. He has earned the title of Senior Vice President (formerly First Vice President) as a result of sustained high performance measures.
NEWLY AVAILABLE OFFICE SPACE INTRODUCED WITH NEW BUILDING NAME
Jacksonville, FL - September 14, 2011 - (RealEstateRama) -- Over 69,000 square feet of Class A space is newly available to the Jacksonville/St. Augustine area. Named for the sole tenant, Tree of Life, the building is being reintroduced as Golfway Place. The former tenant, who occupied the space as a headquarters location for their specialty foods distribution business, will be vacating the building in December as a result of an acquisition. CB Richard Ellis (CBRE) is the exclusive listing advisor for the newly renamed Golfway Place.
PALMS PLAZA PURCHASED FOR $18.5 MILLION
Boca Raton, FL - September 13, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today the sale of Palms Plaza, a 68,976-square-foot shopping center located in the heart of Boca Raton, to North American Development Group (NADG). Toronto/Florida-based NADG acquired the property for $18.5 million from Bell Partners Inc, a real estate firm based in Greensboro, NC. CBRE’s National Retail Investment Group in Florida provided exclusive representation to Bell Partners in the transaction.
COSTEX CORPORATION PURCHASES 180,000-SF BUILDING IN MIAMI TO SUPPORT GROWING BUSINESS
Miami, FL – September 8, 2011 – Costex Corporation (“Costex”), a worldwide quality supplier of new replacement parts for the heavy equipment industry, is expanding its business in South Florida. To accommodate their growth, Costex recently purchased the 180,000-square-foot industrial property at 7901–8187 NW 71st Street in Miami for $10.3 million from building owner Seagis Property Group, an industrial investment firm based in West Conshohocken, Pennsylvania
NEARLY 1,000 CB RICHARD ELLIS PROFESSIONALS ACROSS THE U.S. TO PARTICIPATE IN HOUSING REBUILDING...
Los Angeles, CA - September 7, 2011 - (RealEstateRama) -- Nearly 1,000 CB Richard Ellis (CBRE) professionals at nearly 20 offices across the U.S. will “Get Out and Give Back” by helping to rebuild housing in their communities in September and October as part of CBRE’s BuildMonth 2011. This annual effort is the signature event of the CBRE Shelter Program, which focuses on providing shelter and housing to individuals in need. The initiative is a cornerstone of the Company’s corporate philanthropy program, CBRE Cares.
CB RICHARD ELLIS ARRANGES THE SALE OF TWO NEIGHBORHOOD SHOPPING CENTERS IN RIVIERA BEACH...
Miami, FL - September 2, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) facilitated the sale disposition of two neighborhood shopping centers; Riviera Square in Riviera Beach and Sample Plaza in Pompano Beach, on behalf of Kimco Realty Corporation affiliates. Both properties were acquired on August 19, 2011 by MYA Properties LLC for an undisclosed price.
CB RICHARD ELLIS BROKERS SALE OF EDGEWOOD RETAIL DISTRICT
Atlanta, GA - September 1, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE), the world’s leading commercial real estate services provider, is pleased to have arranged the sale of Edgewood Retail District, a regional shopping center located at the intersection of Moreland Avenue and Caroline Street, in Atlanta, Georgia. The property was acquired by an affiliate of Toronto/Florida based North American Development Group (NADG) for $81,650,000.
CBRE ARRANGES $10 MILLION REFINANCE FOR BLACKSTONE APARTMENT COMMUNITY
Miami, FL - August 31, 2011 - (RealEstateRama) -- CBRE arranged $10 million in proceeds for the purpose of refinancing the debt on The Blackstone Apartments in Miami Beach, Florida. Financing terms of the loan include a 7-year fixed rate term, 2-years interest only, and a 70% loan-to-value ratio.
FOREIGN INVESTOR PURCHASES SOUTH BEACH APARTMENTS FOR $2.7 MILLION
Miami, FL - August 26, 2011 - (RealEstateRama) -- Supporting increased confidence in the market, Domus Group, a Latin American investor purchased 1818 Meridian Avenue in Miami Beach, Florida. Calum Weaver who co-chairs the CB Richard Ellis (CBRE) Multi-Housing Private Capital Group in South Florida negotiated the $2.7 million sale transaction on behalf of the seller.
CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER
Miami, FL - August 24, 2011 - (RealEstateRama) -- CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.
CBRE ARRANGES $39.7 MILLION REFINANCE FOR SAN ANTONIO APARTMENT COMMUNITY
San Antonio, TX - August 24, 2011 - (RealEstateRama) -- Led by the Miami Capital Markets team in partnership with the San Antonio office, CBRE arranged the loan refinance on Promontory Pointe, a 596-unit apartment community in San Antonio, Texas, on behalf of Advenir@Promontory, LLC, a Florida-based owner of multihousing communities. Financing terms of the $39,761,000 loan include a 10-year term, an aggressive interest rate, with an extended interest-only financing period at an 80% loan-to-value ratio.
NEW OFFICE/HOTEL COMPLEX PLANNED FOR DOWNTOWN TAMPA
Tampa, FL - August 19, 2011 - (RealEstateRama) -- Trammell Crow Company (TCC) is pleased to announce it has initiated the rezoning process to support the development of a 450,000-square-foot office development and 350-room hotel in Tampa’s Central Business District (CBD).
CBRE ARRANGES $20 MILLION FINANCING ACQUISITION FOR CONNECTICUT APARTMENT COMMUNITY
Stamford, CT - August 17, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) offices in Florida and Connecticut recently arranged the $20 million acquisition financing for the Stamford, Connecticut apartment community, the blvd. Financing for the 94-unit property was obtained through People's United Bank for The Wolff Company, a Scottsdale, Arizona firm
CBRE ARRANGES THREE LEASES AT MAITLAND PROMENADE ONE IN MAITLAND, FLORIDA
Ft. Lauderdale, FL - August 15, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) recently arranged three leases totaling 27,915 square feet on behalf of Baltimore-based Maitland Office Company, LLC at Maitland Promenade One, located at 485 N. Keller Road in Maitland, Florida.
CBRE SECURES 50,000 SF LEASE AT 5601 HIATUS IN TAMARAC, FLORIDA
Ft. Lauderdale, FL - August 11, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) arranged a long-term, 50,000-square-foot lease on behalf of Piedmont Office Realty Trust at 5601 Hiatus Road, in Tamarac, Florida. The tenant, a large national insurance company, is taking the entire second floor of the two-story, 100,000-square-foot office building. The firm will occupy its new space in 1Q2012.
CBRE SELECTED AS EXCLUSIVE ADVISOR FOR SALE OF IBD BUILDING IN DEERFIELD BEACH, FL
Deerfield Beach, FL - August 11, 2011 - (RealEstateRama) -- Yomtob Commercial, LLC recently named CBRE as exclusive advisor for the sale of the IBD Building, a multi-tenant office building totaling 28,726 square feet, located at 3275 Hillsboro Boulevard in Deerfield Beach, Florida.
