Tag: Commercial
Governor Cuomo Announces Completion of US Customs Commercial Building at Peace Bridge Plaza
Governor Andrew M. Cuomo today announced the completion of the $24 million U.S. Customs Commercial Building at the Peace Bridge. The newly expanded and renovated facility will significantly decrease traffic congestion and facilitate more efficient cu...
North Jersey Real Estate Developer Admits Soliciting Bribe To Palisades Park Official
A real estate developer and landlord of commercial buildings in Palisades Park, New Jersey, today admitted soliciting a $50,000 bribe payment to a Palisades Park borough official, U.S. Attorney Paul J. Fishman announced.
The Boulder Group Arranges Sale of Net Lease ALDI Ground Lease
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant ALDI ground lease located at 5811 High Street in Portsmouth, VA for $3,280,000
Los Angeles’ New Homes in Eagle Rock Opened Four Days Ago, Over Half the...
Current pricing ranges from $648,000 up to $700,000. Three bedrooms are offered in two different floor plan layouts. Homes are approximately 1,540 to 1,704 square feet and take advantage of spacious great rooms. Sought-after downstairs bedrooms/bathroo...
The Boulder Group Arranges Sale of Net Leased CVS Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS property located at 4037 Glenwood Road in Decatur, Georgia for $3,600,000.
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.
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 ...
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
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...
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...
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...
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...
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...
McGrath Family Sells Legacy Asset In San Diego
The McGrath Family, known in San Diego as pioneers in construction and real estate, have announced the sale of a portion of their retail portfolio encompassing 294,428 square feet in the Kearny Mesa submarket of San Diego, California to a commingled fu...
CRE Florida Partners Grows Team With Addition Of David Walsh
CRE Rauch Lupo Robertson, a CRE Florida Partners Company, is pleased to announce the addition of David Walsh to its South Florida team. Walsh has joined CRE as a Multifamily Specialist in our Boca Raton office as Senior Investment Associate. In his new...
CBRE’S JOSÉ LOBÓN PROMOTED TO VICE PRESIDENT
CBRE is pleased to announce that José Lobón has been promoted to Vice President. Lobón, who joined CBRE in 2011, is a member of CBRE’s Capital Markets, Institutional Properties team based in Miami. He helps advise many of the largest U.S. real est...
CBRE SELLS AND ARRANGES FINANCING FOR ICONIC TAMPA OFFICE TOWER
CBRE has arranged the sale and financing of Rivergate Tower, a Class A, 515,965-square-foot iconic office building located at 400 North Ashley Drive in Tampa, Florida, for an undisclosed price. The sale of Rivergate Tower is the third recent Tampa CBD ...
CBRE SELLS 79,998-SF, MULTI-TENANT RETAIL CENTER
CBRE arranged the sale of University Commons, a 79,998-square-foot, multi-tenant retail center located at 6702-6852 N. University Drive in Tamarac, Florida. Bar Invest Group, Inc. purchased the property for $10,700,000. The seller was University Common...
CBRE ARRANGES $13.75 MILLION LOAN FOR ACQUISITION OF ATLANTA-AREA RESIDENTIAL COMMUNITY
CBRE Capital Markets’ Debt & Structured Finance originated $13.75 million in financing for PointOne Holdings’ $17.8 million acquisition of Southwinds Stockbridge, a 240-unit multifamily residential community in the greater Atlanta, Georgia, met...
Chuze Fitness is Coming to Orchard Plaza in Rancho Cucamonga
Senior Vice President Lidia Talavera with NAI Capital arranged a 10-year lease to Chuze Fitness. The company based out of Carlsbad, CA will open its thirteenth location in California at Orchard Plaza, 9080 Foothill Blvd, in Rancho Cucamonga, Calif. Tal...
Home of Azusa Foothill Kennels Sold After 35 Years of Service to the Local...
Senior Vice President Marie Taylor with NAI Capital completed the sale of the Azusa Foothill Kennels property at 214 N. Aspan Ave. in the city of Azusa, Calif. Built in 1967, the 30,400 square foot site included 9,754 square feet of kennels and a 2,754...
