Press Releases

Press Releases

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.

AMERICAN REALTY ADVISORS SELLS THREE-BUILDING OFFICE COMPLEX IN PRIME BOSTON SUBMARKET

American Realty Advisors announced the sale of an office complex comprising 294,663 square feet located in Waltham, Massachusetts. The property, which was sold to a strategic buyer for an undisclosed amount, consists of three buildings that are situate...

Top Metro Atlanta Real Estate Company Named to 2015 Inc. 5000 List of...

Inc. has announced that Atlanta Communities Real Estate Brokerage, LLC has been named to the 2015 Inc. 5000 Fastest Growing Private Companies in America for the second consecutive year. Companies that made the cut are recognized as being innovative or...

CapasGroup Bolsters Brokerage Team with addition of Financial & Marketing Associate

CapasGroup Realty Advisors, an investment sales organization specializing in the marketing and disposition of investment properties, is pleased to announce the hiring of Elias “Eli” Polsky as Financial and Marketing Associate. The expansion of the ...

Palm Beach County: Home Sales Dropped to 38 Median Days on Market

Year-over-year market statistics for July 2015 reported accelerated demand for single family homes in Palm Beach County. Closed sales rose 19.5 percent from 1,515 to 1,810 transactions, and median sale price rose 3.3 percent from $280,000 to $289,250. ...

BH Properties Closes More Than $120 million in Acquisitions in the Second Quarter of...

BH Properties, LLC, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed commercial real estate properties, closed more than $120 million in acquisitions during the second quarter of 2015. These transactions...

Kristopher Wagner Closes Sale Of Key Largo Resort

Kristopher G. Wagner, P.A., Director, Commercial Sales with Keyes Commercial Real Estate Company, negotiated the sale of Kona Kai Resort, Gallery & Botanical Gardens, located at 97802 Overseas Highway in Key Largo, Florida

Corporate Challenge Returns to 4 Miler at Garret Mountain to Promote Employee Fitness

The “Corporate Challenge” is returning for its second year to the Annual 4 Miler at Garret Mountain, offering companies large and small an opportunity to build camaraderie, promote fitness and support a worthy cause – all of which make good busin...

Gebroe-Hammer Associates Reports Jersey City’s Enduring Gentrification is Sustaining Multi-Family Investing

Jersey City, which often draws a close comparison to New York City’s most populous borough, is experiencing yet another wave of multi-family investment demand associated with its Hudson waterfront location and proximity to Manhattan, according to the...

Signature Coral Gables Building Trades

Jacque Huttoe and James “Chip” Black of The Huttoe Group at Berkshire Hathaway Florida Realty Commercial, announce the sale of 283 Catalonia Avenue in Coral Gables, Florida. The 1955-built, signature 2-story building, which totals 22,209 square fee...

MetWest International Adds Local Restaurant Thai Prime to its Menu of Dining Options

MetWest International is adding Thai Prime to its already impressive line-up of restaurants at its retail center across from International Plaza and Tampa International Airport. Thai Prime is a local restaurant known for its authentic Thai cuisine and ...

CBRE PROMOTES FOUR SOUTH FLORIDA PROFESSIONALS

Dave Donnellan has been named Senior Vice President. A Fort Lauderdale-based senior member of CBRE’s Investment Properties group, Mr. Donnellan focuses on the sale of shopping centers and single-tenant net-leased investments in southeast Florida. He ...

CBRE ARRANGES SALE OF PRIME DEVELOPMENT SITE IN DOWNTOWN FORT LAUDERDALE

CBRE arranged the sale of a prime downtown development site at 100 E. Las Olas Blvd. in the heart of the main business corridor of Fort Lauderdale, Florida. The 0.88-acre property was acquired from SVP Las Olas Limited Partnership by Kolter Acquisitio...

CBRE ARRANGES $157 MILLION IN FINANCING FOR 1.6 MILLION-SQ.-FT. OFFICE PORTFOLIO IN SUBURBAN...

CBRE Capital Markets’ Debt & Structured Finance team originated $157 million in bridge financing for the acquisition of a 29-property office portfolio in suburban Philadelphia, Pennsylvania. The Class A and B properties total 1,611,961-sq.-ft. a...

C&W Brokers Sale of Tampa’s Westshore Center

Cushman & Wakefield announced today that it has brokered the sale of Westshore Center, a 216,410-square-foot, Class A office building in Tampa, Florida. Executive Director Mike Davis, Senior Director Rick Brugge, and Senior Director Michael Lerner...

NAI Capital Completes Investment Sale in Simi Valley, CA

Vice President Scott L. Linklater with NAI Capital represented the buyer TD Land LLC on the purchase of a 31,633 square foot light industrial manufacturing facility in the city of Simi Valley, Calif. The seller was 3990 Royal Corporation, Inc. The tota...

ACME Moving and Storage Signs 10-Year Lease in Palm Desert

Senior Vice President Lynn Coker with NAI Capital secured a 10-year lease to ACME Moving and Storage. The company based out of Palm Desert, CA will open its largest location in California at 77550 Enfield Lane, Palm Desert, Calif. Coker, represented th...

NAI Capital Completes Sale of Sprouts Farmers Market in Claremont, CA

Senior Vice President Fariba Kavian with NAI Capital represented the seller HCLARE LLC on the sale of the 22,750 square foot Sprouts Farmers Market. The sale price was well over $12 Million. In addition, the buyer paid a prepayment penalty of approxima...

The Duncan Duo’s firm RE/MAX Dynamic Named to 2015 Inc. 5000 List of Fastest...

Inc. has announced that RE/MAX Dynamic-The Duncan Duo & Associates has earned the position of 561st on the 2015 Inc. 5000 list of fastest-growing private companies in America. They were one of only 159 real estate firms in the nation to appear on ...

BARBARA REA JOINS BKM CAPITAL PARTNERS AS DIRECTOR OF OPERATIONS & MARKETING

BKM Capital Partners, a fund manager and operator platform targeting value-add, multi-tenant industrial real estate in the Western U.S., has hired real estate marketing and operations executive Barbara Rea as its Director of Operations & Marketing

Youth1 Media LLC Establishes Headquarters at Morris Corporate Center III in Parsippany, N.J.

Youth1 Media, LLC, has announced the relocation of its Mountain Lakes, N.J., offices to Morris Corporate Center III, Building C at 400 Interpace Parkway in Parsippany, N.J. The company’s Youth1.com website serves as a national resource for youth spor...

ConAm To Increase National Management Portfolio: Names Julie Brawn-Whitesides as Executive Vice President of...

The ConAm Group (ConAm) is aggressively increasing its national multifamily property management portfolio through both company-owned and third-party fee management assets and has announced the appointment of Julie Brawn-Whitesides as its new Executive ...

Georgia MLS Releases July 2015 Housing Market Statistics

Georgia Multiple Listing Service (GAMLS), a real estate multiple listing service providing industry leading tools, services, and education to more than 26,000 real estate licensees across Georgia, has released the market recap for July 2015. The follow...

Banker Lopez Gassler P.A. Leases Full Floor at First Central Tower in Downtown St...

Banker Lopez Gassler P.A. is relocating its downtown St. Petersburg office to First Central Tower later this year. The law firm has leased a full floor, 15,296 square feet, at the building. The long term lease was brokered by Mia Jarrell of Colliers In...

CBRE CAPITAL MARKETS BROKERS $8.3 MILLION SALE OF TAMPA APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Hidden River Grande Apartments, a 212-unit waterfront rental community in Tampa, Florida to San Diego-based The Focus Group for $8.3 million. The complex is located at 8024 Hidden River Drive on the Hillsboroug...

BKM Partners Secure 29 Leases in Las Vegas

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has announced the completion of 29 leases in three of its Las Vegas industrial assets.

Top Louisiana Real Estate Company Ranks on the 2015 Inc. 5000 List of Fastest...

Inc. has announced that Darren James Real Estate Experts has earned the position of 975th on the 2015 Inc. 5000 list of fastest-growing private companies in America. Darren James Real Estate's revenue has increased by 900 percent in the last three year...

CBRE ARRANGES SALE OF HOLLYWOOD OFFICE PARK

CBRE arranged the sale of Venture Corporate Center, a three-building office community located at 3440 Hollywood Blvd. and 200-300 S. Park Road in Hollywood, Florida. The property, which is improved with three office buildings totaling approximately 253...

HANNA ATTENDS MD ECONOMIC DEVELOPMENT ASSOCIATION 2015 SUMMER CONFERENCE

Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate recently attended the Maryland Economic Development Association (MEDA) 2015 Summer Conference in Baltimore, MD. Professionals from across the state met at th...

PASSCO COMPANIES ACQUIRES 598-UNIT CLASS-A MULTIFAMILY COMMUNITY IN NASHVILLE FOR $93.5 MILLION

Passco Companies, LLC has acquired The Lexington Apartments, a 598-unit, Class-A garden-style multifamily community located in the Bellevue submarket of Nashville, Tennessee for $93.5 million, according to Colin Gillis, Passco Companies’ Director of ...

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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