Tag: Commercial
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 ...
NAI Capital Negotiates Lease for John Moran Auctioneers, Inc.’s New Headquarters
Senior Vice President Marie Taylor with NAI Capital negotiated a 10 year lease on behalf John Moran Auctioneers, Inc. at 145 E Walnut Avenue in the city of Monrovia, Calif. The 17,082 square foot industrial warehouse built in 1997 will serve as the new...
NAI Capital Arranges $7.8M sale of Huntington Beach Medical Campus Buildings on Behalf KO’S...
NAI Capital is pleased to announce that Executive Vice President Tom Nguyen represented KO's HB Medical Building, Inc., in the sale of 17752-17762 Beach Boulevard in Huntington Beach, Calif. The $7.8 million sale included a 19,288 square foot surgery c...
Mayor Walsh Announces Newest Participants in Mayor’s Carbon Cup
Mayor Martin J. Walsh today recognized Boston Properties and Boston Medical Center as the two newest participants in the Greenovate Boston Mayor’s Carbon Cup. The recognition took place at the Green Ribbon Commission meeting, held this morning. The M...
Next Generation of NYC Steamfitters Graduates Five-Year Apprenticeship Training Program
The 8,000 member Steamfitters Local 638, which performs pipefitting and fire protection work throughout the five boroughs of New York City, Nassau and Suffolk counties, will graduate 20 steamfitters from its rigorous five-year apprenticeship program on...
CBRE TAPPED TO LEASE DCT COMMERCE CENTER II DEVELOPMENT
CBRE has been selected by DCT Industrial (NYSE:DCT) as exclusive leasing agent for the newest Class A warehouse development in Miami’s Airport West submarket. DCT Commerce Center II will be developed as three free-standing buildings totaling ±430,0...
Stiles Property Fund Acquires Class A Office Building in Sawgrass International Corporate Park
Fort Lauderdale-based Stiles announced today it has closed on Sunrise Corporate Plaza, a three-story Class A suburban office property located in Sawgrass International Corporate Park in Sunrise, FL, one of South Florida’s largest and most successful ...
CBRE ARRANGES LEASE OF PRIME INDUSTRIAL SPACE AT FORT LAUDERDALE COMMERCE CENTER
CBRE has arranged a 10-year lease for a printing company at the Fort Lauderdale Commerce Center. MOR Printing signed a lease for 24,490 square feet at 3585 NW 54 Street in Fort Lauderdale, Florida. CBRE represented the landlord, Industrial Income Trus...
West Palm Multifamily Property Trades For $4.25 Million In 1031 Exchange Deal
Douglas Elliman Commercial Division Associate and CCIM Miami District Director Mitash Kripalani, CCIM negotiated the sale of a 27-unit multifamily asset for $4.25 million, or approximately $157,400 per unit
The Atlanta Commercial Board of REALTORS® Hosts Legends Luncheon
Bruce Wilson, Charlie Brown, Jack Rooker, Larry Kelly, Sam Massell and Steve Selig were honored by the Atlanta Commercial Board of REALTORS® during an intimate luncheon for their video contributions to the ACBR 2015 Million Dollar Club awards
NAI Capital Announces sale of Laguna Hill Medical Arts
Thursday, June 04, 2015– Senior vice presidents John Bosko and Bob Bush, both with NAI Capital represented Michigan-based Charles J. Long Trust in the disposition of Laguna Hill Medical Arts Building B, a single two story medical office building loca...
GEORGE SMITH PARTNERS GROWS LEADERSHIP TEAM; NAMES THREE NEW PRINCIPALS
National commercial real estate investment banking firm George Smith Partners has named three new Principals for the firm. The three new Principals, Bryan Shaffer, Jonathan Lee and Shahin Yazdi, join the firms existing Principals Steve Bram, Gary E. M...
Mariko Beaver Joins NAI Capital as Senior Vice President
Mariko Beaver has joined NAI Capital’s Orange County office as senior vice president bringing with her 15 years of experience in medical office leasing and sales. With having completed over $500 million in transactions, she will continue to focus on ...
Spencer Fane Welcomes Rita D’Agostino to its Governmental Affairs and Real Estate Practice Groups
Spencer Fane is pleased to announce that Rita D’Agostino has joined the firm in its Kansas City office as Of Counsel in the Governmental Affairs and Real Estate practice groups
NAI Capital Completes $6.8 million Sale at Centre Pointe Business Park
NAI Capital completed the sale of Centre Pointe Business Park an industrial complex at 26450-26470 Ruether Avenue in Santa Clarita, Calif. The buyer was 780 West Garvey LLC. The seller was Centre Pointe Parkway Properties, Inc.
CBRE ARRANGES SALE OF TOWN CENTER I PROPERTY
CBRE arranged the sale of Town Center I in Opa-locka, Florida. The 80,000-square-foot mixed use asset was acquired from JWV Florida Properties LLC by the City of Opa-Locka for $7.9 million. CBRE represented the seller in the sale
CBRE RETAINED AS STRATEGIC ADVISORS FOR TAMPA’S AUSTIN CENTER
A mixed-use team of capital markets professionals from CBRE’s Tampa and Atlanta offices has been retained as the exclusive advisors for Redstone Investments, the new owners of Tampa, Florida’s Austin Center. The CBRE team includes Jay O’Meara, Da...
CBRE URBAN PHOTOGRAPHER OF THE YEAR COMPETITION OPENS FOR ENTRIES
CBRE launched its global Urban Photographer of the Year competition with the theme, “Cities at Work.” Now in its ninth year, the competition continues to attract photographers from around the world. This year the contest challenges photographers to...
Balfour Beatty Crossrail joint venture and Providence Row deliver urban garden to support the...
Balfour Beatty, through its Crossrail joint venture BBMV, has worked with homelessness charity Providence Row to deliver an innovative new rooftop garden aimed at supporting local homeless people in East London.
Arbor Funds $39.4M Fannie Mae Acquisition Loan in California
Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of a loan totaling $39,406,000 for the acquisition of the 320-unit Acacia Park Apartments in Temecula, CA. The 10-year under t...
CBRE SELLS 26,340-SF, MULTI-TENANT SHOPPING CENTER
CBRE arranged the sale of Lantana West Plaza, a 26,340-square-foot, multi-tenant retail center located at 5891 S. Military Trail in Lake Worth, Florida. Woodmont Properties II, LLC purchased the property for $4,080,000. The seller was IR-Lantana West P...
Emri Group, Alex Brown Realty Sell Sorrento Mesa Building for $10.7M to Locale Advisors
DTZ, a global leader in commercial real estate services, announced today the $10.7 million sale of 5825 Oberlin Drive, San Diego, CA 92121, a vacant, one-story, 60,000-square-foot office building.
CBRE PROFESSIONAL ELECTED TO LEADERSHIP ROLE WITHIN INTERNATIONAL RETAIL INDUSTRY TRADE GROUP
Paul Rutledge, First Vice President with CBRE’s retail brokerage group in Tampa, has been re-elected to serve a second one-year term as the International Council of Shopping Centers’ Florida State Operations Chairman for 2015-2016. ICSC is the prem...
SR COMMERCIAL COMPLETES THREE INDUSTRIAL TRANSACTIONS IN SOUTHERN CALIFORNIA
SR Commercial, a privately held, full-service commercial real estate investment company, has announced the completion of three recent transactions, including two acquisitions and a property sale, according to Adam Robinson, a Principal at SR Commercial...
GEORGE SMITH PARTNERS SECURES $81 MILLION IN FINANCING FOR THE ACQUISITION OF A RECENTLY...
Commercial real estate investment banking firm George Smith Partners has successfully secured an $81 million bridge loan through GE Capital on behalf of its client, GH Palmer Associates, for the acquisition of The Paseos at Montclair North, a 385-unit ...
E-RETAILERS GIVE CENTRAL FLORIDA INDUSTRIAL MARKET BIG BOOST, ACCORDING TO CBRE REPORT
Central Florida real estate occupied by e-commerce retailers, parcel delivery firms, and transportation/logistics companies hit an all-time high in 2014, according to a new report by CBRE Group, Inc., and demand from those users is projected to surge o...
CBRE ARRANGES $3.5 MILLION REFINANCING FOR NEW DELRAY BEACH WALGREENS
CBRE Capital Markets’ Debt & Structured Finance team originated a $3.5 million loan to re-finance a ground lease of a future Walgreens location on Atlantic Avenue in Delray Beach, Florida.
CITY AND STATE OFFICIALS JOIN THE ROCKOWER CORPORATION, M. MELNICK & CO. AND PARTNERS...
The New York City Housing Development Corporation (HDC), Department of Housing Preservation and Development (HPD) and New York State Homes and Community Renewal (HCR), join Rockower Corp., M. Melnick & Co., Inc. and partners to celebrate the groun...
