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NYSE:CBG

CBRE SELLS 40,101-SF, MULTI-TENANT RETAIL CENTER IN MIAMI

CBRE arranged the sale of Bird 107 Plaza, a 40,101-square-foot, multi-tenant retail center located at 10591-10695 SW 40th Street (Bird Road) in unincorporated Miami-Dade County, Florida. Equity One Acquisition Corp. purchased the property from Bird 107 Partners, Ltd., LLLP which hired CBRE to market the asset for sale and negotiate the transaction. The purchase price was not disclosed

CBRE FLORIDA WELCOMES NEW SALES DIRECTOR SCOTT CORREALE

CBRE is pleased to welcome Scott Correale as Florida Sales Director. In this newly created position, Mr. Correale will oversee CBRE’s sales management strategy for its Occupier/Tenant Representation line of business, helping sales professionals in their strategic business development and client engagement efforts.

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 research and a global team of retail experts analyzing both current and future trends. The 2015 ICSC Florida Conference & Deal Making takes place on August 30th-September 1st at the Orlando Convention Center in Orlando, FL. Conference attendees can discover new market opportunities and connect with CBRE retail professionals from around the state by visiting CBRE’s booth – #2343, located in the South Concourse, Level 1

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 Orlando. He has finished as one of the firm’s Top Five Multifamily Producers in the country in each of the last five years.

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 Greater Tampa Bay area.

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 cover ups, signed a long-term lease for 26,000 square feet at 9800 NW 78th Avenue in Hialeah Gardens, FL. CBRE’s Mike Silver arranged the lease on behalf of the tenant.

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.

CBRE SELLS MULTI-TENANT RETAIL CENTER IN DELRAY BEACH

CBRE arranged the sale of Delray Commons, a 68,292-square-foot, multi-tenant retail center located at 5020-5080 Atlantic Avenue in Delray Beach, Florida. Mall 5020 LLC purchased the property for $10,750,000. The seller was Delray Commons, LLC, affiliated with Boca Raton-based Pebb Enterprises, which hired CBRE to market the asset for sale and negotiate the transaction.

CBRE TO MARKET ST. TROPEZ APARTMENT COMMUNITY IN PLANTATION’S MIDTOWN BUSINESS DISTRICT

CBRE has been retained as exclusive broker for the sale of St. Tropez, a value-add apartment property located in the highly desirable Midtown Business District of Plantation, Florida. The gated community at 8000 Cleary Boulevard includes 376 townhome-style units situated in 29 two-and three-story buildings spanning approximately 38 acres

CBRE TAPPED TO MARKET 1,400-ACRE INDUSTRIAL BUSINESS PARK IN WEST CENTRAL FLORIDA – TAMPA...

CBRE has been retained as the exclusive advisors for a 1,400-acre development site named “Lakeside Station,” located on the southeast corner of Park Road and US-92 in Plant City, Florida, approximately 15 minutes outside of Tampa. The business park is currently home to significant users. The landowners are looking to re-introduce the rest of the property to current users in the market.

CBRE TO MARKET 50-ACRE HOTEL DEVELOPMENT SITE IN HEART OF ORLANDO’S TOURISM CORRIDOR

CBRE has been selected as the exclusive listing agent for a 49.7-acre hotel/timeshare site located on the south side of I-4, directly across from the new $200+ million Disney Springs redevelopment of Downtown Disney in Orlando, Florida – the number one tourist destination in the world.

CBRE ARRANGES SALE OF FORT LAUDERDALE INDUSTRIAL ASSET

CBRE arranged the sale of the 103,316-square-foot, 4.6-acre Gateway Industrial Center in Fort Lauderdale, Florida. The asset at 2030 West McNab Road was acquired from 2030 Asset Ventures LLC by Donovan Marine, Inc., for $5.3 million.

CBRE DEBUTS NEW ONLINE MAGAZINE “BLUEPRINT”

CBRE Group, Inc. (NYSE:CBG) today unveiled Blueprint, an online magazine dedicated to telling timely and insightful stories about the transformational role real estate plays in the world

CBRE CAPITAL MARKETS ARRANGES SALE OF OVIEDO APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Barrington Place Apartments, a 233-unit apartment community in the Oviedo area of Orlando for an undisclosed amount. Located at 2785 Chaddsford Circle, the complex was completed in 1998 and has a current occupancy of 95%.

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 Denver by a Canadian investment firm for $23.65 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction

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 Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction.

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 TPCH Broward, LLC, a joint venture between Triton Capital, LLC and CP Highlands Fund LP, both Chicago-based investment firms. CBRE represented the seller

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 Trust, in the transaction.

CBRE CLOSES $29 MILLION SALE OF ORLANDO APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Laguna Oaks, a 360-unit gated community in Orlando, Florida. Located at 3211 S. Semoran Blvd., the lakeside property was acquired from Ram Realty Services by Avesta Communities for $29.15 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction.

DEMAND FOR TECH WORKERS IS DRIVING OFFICE MARKET MOMENTUM IN FLORIDA, SAYS NEW CBRE...

Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, “Scoring Tech Talent” which ranks 50 U.S. markets according to their ability to attract and grow tech talent. Tampa ranks No. 36 on the overall tech talent list, making it the top-ranked Florida city, followed by Orlando (No. 47), Fort Lauderdale (No. 48) and Miami (No. 50).

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.