CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

Contact:

Robert W. McGrath
Senior Director, Corporate Communications

robert.mcgrath (at) cbre (dot) com   http://www.cbre.com/

    ATRIUM WEST SOLD FOR $4.8 MILLION

    May 16, 2012 Posted by

    Sunrise, FL – May 16, 2012 – (RealEstateRama) — CBRE arranged the sale of Atrium West, a suburban office building at 7771 West Oakland Park Boulevard, for $4.8 million, or $51.79 per square foot. The bank-owned asset was sold to Atrium 93, LLC, a local private equity group. CBRE represented the seller, ATC Realty One, a limited liability company.

    CBRE WINS AT GREATER MIAMI CHAMBER OF COMMERCE R.E.A.L. AWARDS

    May 14, 2012 Posted by

    Miami, FL – May 14, 2012 – (RealEstateRama) — CBRE is proud to announce Charles Foschini, Vice Chairman with the Capital Markets Institutional Group, took the win in the category of Real Estate Finance at today’s R.E.A.L. (Real Estate Achievers & Leaders) Awards held by the Greater Miami Chamber of Commerce. CBRE Vice Chairman Christian Lee, Senior Vice President David Albert and Vice President Devin White were also recognized today, as finalists in the Commercial Real Estate – Industrial category

    INTERNATIONAL CORPORATE PARK SOLD FOR $46.6 MILLION

    May 10, 2012 Posted by

    Miami, FL – May 10, 2012 – (RealEstateRama) — CBRE Capital Markets brokered the sale of International Corporate Park, a three-building, 340,143-square-foot industrial asset, on behalf of a Boston based investment fund. The property was purchased by a major institutional investor for $46,600,000, or $137 per square foot, representing a high-water mark for warehouse distribution [...]

    CBRE GROUP, INC. NAMED TO THE FORTUNE 500 FOR 5th STRAIGHT YEAR

    May 10, 2012 Posted by

    Miami, FL – May 10, 2012 – (RealEstateRama) — CBRE Group Inc. (NYSE:CBG) has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fifth straight year. CBRE remains the only commercial real estate services firm ever included in the FORTUNE 500.

    DCT INDUSTRIAL BREAKS GROUND ON DCT COMMERCE CENTER AT PAN AMERICAN WEST INDUSTRIAL PARK

    May 1, 2012 Posted by

    Miami, FL – May 1, 2012 – (RealEstateRama) — DCT Industrial Trust, a leading industrial real estate company, held a recent groundbreaking ceremony on the first of two buildings located in the DCT Commerce Center at Pan American West Industrial Park in Miami, Florida. CBRE is the exclusive leasing advisor for the development located in Miami’s top-performing submarket, Airport/Doral.

    CBRE RELOCATES TO BANK OF AMERICA PLAZA

    April 25, 2012 Posted by

    Tampa, FL – April 25, 2012 – (RealEstateRama) — CBRE signed a long-term lease at Tampa’s largest downtown high-rise, the 42-story Bank of America Plaza. The move will bring together 90 employees from three separate downtown locations. CBRE will occupy the entire 15th floor and a portion of the 14th floor for approximately 25,000 contiguous square feet

    CBRE ARRANGES SALE OF REGIONS BANK BUILDING FOR $2.7 MILLION

    April 24, 2012 Posted by

    Delray Beach, FL – April 24, 2012 – (RealEstateRama) — CBRE arranged the sale of 650 N Congress Avenue, a two-story building with a Regions Bank on the first floor and regional Regions Bank employee training on the second. The property was purchased by Sungate Partners LLC for $2,675,000. CBRE Vice President William Strauss represented the seller, Four Partners Group LP in the transaction.

    CBRE APPOINTED AS LEASING AND MANAGEMENT TEAM FOR ONE BOCA PLACE

    April 17, 2012 Posted by

    Boca Raton, FL – April 17, 2012 – (RealEstateRama) — Invesco has named CBRE as the new leasing and property management team for One Boca Place, a 277,390-square-foot, Class A office complex located at the intersection of Glades Road and Executive Center Drive. One Boca Place offers tenants an attractive office environment with abundant amenities, in a prime location near I-95.

    CBRE CAPITAL MARKETS ARRANGES $35.4 MILLION LOAN FOR CORAL SPRINGS APARTMENT COMMUNITY

    April 6, 2012 Posted by

    Coral Springs, FL – April 6, 2012 – (RealEstateRama) — The strong momentum behind the Florida multihousing market recovery is evident as capital groups continue to aggressively seek quality assets to expand their footprint within the state. In Florida’s Broward County market, CBRE First Vice President Dennis Jiménez arranged a $35.4 million acquisition loan on behalf of Sherwood Forest at Coral Springs LP for the purchase of Sherwood Forest at Coral Springs Apartments from seller, AEW Capital. Terms of the seven-year loan, which closed on March 20, include three years of interest-only financing followed by a 30-year amortization.

    PALMETTO PROMENADE DEVELOPMENT SOLD FOR $20.1 MILLION

    April 4, 2012 Posted by

    Boca Raton, FL – April 4, 2012 – (RealEstateRama) — CBRE arranged the sale of the 5.78-acre site known as Palmetto Promenade to Archstone New Development Holdings for $20,125,000. The land, currently zoned as DDRI (Downtown District of Regional Impact and R1D/DDRI (Residential Downtown District of Regional Impact), was a bank-owned property.

    CBRE CAPITAL MARKETS ARRANGES $30,279,000 LOAN FOR 480-UNIT FT. LAUDERDALE APARTMENT COMMUNITY

    April 4, 2012 Posted by

    Ft. Lauderdale, FL – April 4, 2012 – (RealEstateRama) — CBRE Capital Markets closed on a $30,279,000 loan for the acquisition of San Tropez Apartments in Pembroke Pines, Florida, on behalf of the borrower, Advenir@San Tropez, LLC. Terms of the loan include a 10-year term with three years interest-only financing and a 75 percent loan-to-value ratio. The deal closed Friday, March 30.

    WALK AT HIGHWOODS PRESERVE II SELLS TO B & L INVESTMENTS

    April 3, 2012 Posted by

    Tampa, FL – April 3, 2012 – (RealEstateRama) — CBRE arranged the sale of Walk at Highwoods Preserve II, a 28,452-square-foot retail center in Tampa, Florida, to B & L Investments, a Tampa-based private investment group. The seller, a joint venture whose majority partner is an affiliate of TIAA-CREF, was represented exclusively by Senior Vice President Mark Shellabarger of CBRE’s Private Capital Group in Tampa, Florida.

    CORAL GABLES MULTI-HOUSING PROPERTY PURCHASED FOR $4.5 MILLION FOR FUTURE DEVELOPMENT POTENTIAL

    March 30, 2012 Posted by

    Coral Gables, FL – March 30, 2012 – (RealEstateRama) — CBRE arranged the sale of a 34-unit multi-housing property located at 501–525 Valencia Avenue. The Coral Gables property was purchased by Miami-based TM Real Estate Group for $4.5 million. CBRE marketed the property and negotiated the transaction on behalf of the seller, H&V Partners, LLC.

    CBRE PRIVATE CAPITAL GROUP REPRESENTS BANK IN REO SALE TO FOREIGN BUYER

    March 27, 2012 Posted by

    Homestead, FL – March 27, 2012 – (RealEstateRama) — CBRE arranged the sale of a Card Sound, a 105-unit bank-owned property in Homestead, FL. The property at 27707 South Dixie Highway was acquired for $4.55 million ($94 per square foot or $43,336 per unit) from Community Bank of Florida by a foreign investment group known as 105 Units Homestead Investment, LLC.

    CBRE ARRANGES SALE OF ORLANDO COLD STORAGE FACILITY

    March 26, 2012 Posted by

    Orlando, FL – March 26, 2012 – (RealEstateRama) — CBRE arranged the sale of a 117,280-square-foot cold storage facility optimally situated in Orlando, FL. The property at 2540 Shader Road was acquired for $1.35 million from United States Cold Storage of Voorhees, NJ, by Excel Property Holding LLC.

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