CBRE
CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER
Miami, FL - August 24, 2011 - (RealEstateRama) -- CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.
NEW OFFICE/HOTEL COMPLEX PLANNED FOR DOWNTOWN TAMPA
Tampa, FL - August 19, 2011 - (RealEstateRama) -- Trammell Crow Company (TCC) is pleased to announce it has initiated the rezoning process to support the development of a 450,000-square-foot office development and 350-room hotel in Tampa’s Central Business District (CBD).
CBRE ARRANGES THREE LEASES AT MAITLAND PROMENADE ONE IN MAITLAND, FLORIDA
Ft. Lauderdale, FL - August 15, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) recently arranged three leases totaling 27,915 square feet on behalf of Baltimore-based Maitland Office Company, LLC at Maitland Promenade One, located at 485 N. Keller Road in Maitland, Florida.
CBRE SECURES 50,000 SF LEASE AT 5601 HIATUS IN TAMARAC, FLORIDA
Ft. Lauderdale, FL - August 11, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) arranged a long-term, 50,000-square-foot lease on behalf of Piedmont Office Realty Trust at 5601 Hiatus Road, in Tamarac, Florida. The tenant, a large national insurance company, is taking the entire second floor of the two-story, 100,000-square-foot office building. The firm will occupy its new space in 1Q2012.
CBRE SELECTED AS EXCLUSIVE ADVISOR FOR SALE OF IBD BUILDING IN DEERFIELD BEACH, FL
Deerfield Beach, FL - August 11, 2011 - (RealEstateRama) -- Yomtob Commercial, LLC recently named CBRE as exclusive advisor for the sale of the IBD Building, a multi-tenant office building totaling 28,726 square feet, located at 3275 Hillsboro Boulevard in Deerfield Beach, Florida.
GEORGETOWN COMMUNITY SITE SOLD FOR $800,000
Ft. Lauderdale, FL - August 9, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale disposition of a 27-acre Georgetown Community site for $800,000 to Arch, LLC. The bank-owned asset comprised six fee-simple completed units and 118 finished fee-simple lots with entitlements and infrastructure. The site is situated on the southern part of the 320-unit Georgetown Community partially developed by Centerline Homes in 2005.
OXFORD INTERNATIONAL RELOCATES
Palm Beach Gardens, FL - August 2, 2011 - (RealEstateRama) -- Oxford Global Resources is relocating to Corporate Center at The Gardens, taking 18,500 square feet in the beginning of October of this year. For Oxford, the move allows the IT/Telecom staffing firm to reflect their talent-focused culture, with inviting lounge areas, activity rooms and a fitness center—all intended to stimulate interactivity and community for the employees of Oxford.
FLORIDA’S COMMERCIAL REAL ESTATE MARKETS TODAY: UP, DOWN AND IN BETWEEN
Miami, FL - July 28, 2011 - (RealEstateRama) -- Market conditions have improved across Florida, but with little consistency between product types and classes, as reported by the CBRE 2Q 2011 Statewide MarketViews released today. CBRE MarketViews report on commercial real estate trends in the Florida. Markets tracked include Jacksonville, Orlando, Tampa Bay, and South Florida.
FREIGHT FORWARDING FIRM EXPANDS AND PURCHASES FACILITY
Miami, FL - July 25, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today the sale of 10825 NW 33rd Street, a 8,885-square-foot industrial building, for $1,275,000. The building was purchased from A DE Q Holdings, Inc. by High Property Group, LLC with intent to occupy the space.
BAYCARE HEALTH SYSTEM EXPANDS TO 60,749 SF AT COLONIAL CENTER BAYSIDE II
Clearwater, FL - July 13, 2011 - (RealEstateRama) -- The Tampa Bay area health care network, BayCare Health System expanded their occupancy at Colonial Center Bayside II by 13,556 square feet, for a total lease of 60,749 square feet.
FOREIGN INVESTOR PURCHASES PALM CLUB APARTMENTS FOR $7.8 MILLION
Lake Worth, FL - July 12, 2011 - (RealEstateRama) -- Israel-based group, PC Townhomes, LLC, purchased Palm Club Apartments for $7.8 million. With 160 units, the price paid for the Lake Worth townhome community amounted to $48,750 per unit.
CB RICHARD ELLIS TAPS TIM GIFFORD TO SERVE CAPITAL MARKETS OF LATIN AMERICA
Miami, FL - June 29, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today that Tim Gifford has joined the Capital Markets group as Senior Vice President. Gifford is based in the Miami office and will focus on investment acquisitions, dispositions and financing of properties in the Latin American markets.
3.93-ACRE SITE ALONG NORTH FEDERAL HIGHWAY PURCHASED FOR AUTOMOTIVE RETAIL USE
Delray Beach, FL - June 23, 2011 - (RealEstateRama) -- FL-PB Park Place, LLC sold the 3.93-acre lot along North Federal Highway for $1,450,000 to an undisclosed buyer. Located just north of Maroone Volkswagon at 2419-2605 N Federal Highway, the vacant lot was once slated for a mixed-use development project dubbed Parc Place North. In 2005, the site was approved the development of 45 residential units as well as office and retail components.
DOWNTOWN TAMPA SITE PURCHASED $5 MILLION
Tampa, FL - June 23, 2011 - (RealEstateRama) -- CB Richard Ellis announced today the sale of the last vacant site on the Hillsborough River. The parcel, once to be the site of Trump Tower Tampa, a 52-story luxury condominium tower, was the topic of great controversy when development plans fell through during the height of the real estate recession
WESTBURY AT LAKE BRANDON APARTMENTS SOLD FOR $33.1 MILLION
Tampa Bay, FL - April 28, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale of Westbury at Lake Brandon Apartments located in Brandon, Florida for $33.1 million, or $90,437 per unit. The 366-unit, Class A apartment community was purchased by Alliance Residential Company, a private investment company based in Phoenix, Arizona.
EDGE PRINCIPAL ADVISORS AND PENN-FLORIDA FORM JOINT VENTURE TO ACQUIRE EAST TAMPA OFFICE BUILDNGS
Tampa Bay, FL - April 27, 2011 - (RealEstateRama) -- Two East Tampa office buildings have been purchased by a new partnership between Penn-Florida Companies and Edge Principal Advisors, LLC. The new venture took ownership of Lakeview Center, a 187,500-square-foot office campus, and Eastpointe, an 85,063-square-foot office building, on March 25, 2011. The two buildings are conveniently located immediately off of I-4 on MLK Boulevard. The partnership made the strategic purchase to aggressively re-introduce the assets into the market. Over 50% of the rentable space had been occupied by Bank of America for the past seven years and is now available
Colonial Place I & II Delivers Approx. 70,000 SF In Lease Transactions During March
Tampa Bay, FL - March 23, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) negotiated 65,000 square feet in lease renewals and a new 4,500-square-foot lease at Colonial Place I & II in Westshore. Totaling 371,674 rentable square feet, the two Class A office buildings are owned by DRA/Colonial Properties Trust. CBRE's Brian Devlin and Clay Wommack provided representation on behalf of the ownership.
CBRE’s Leading Market Share in Florida Supported by Fortune’s Roster Most Admired Companies
Tampa, FL - March 9, 2011 - (RealEstateRama) -- CB Richard Ellis Group Inc. (CBRE) has been named to the annual roster of the Most Admired Companies in the U.S. real estate industry compiled by Fortune magazine. “CBRE’s inclusion as one of the real estate industry’s most admired companies supports our leadership in the market,” says Mary Jo Eaton, CBRE senior managing director for Florida. On average, CBRE’s market share is twice that of the nearest competitor for the top office and industrial transactions in Florida
CB RICHARD ELLIS NAMES PATRICIA A. NOONEY SENIOR MANAGING DIRECTOR-INSTITUTIONAL SERVICES FOR FLORIDA
Miami, FL - October 12, 2010 - (RealEstateRama) -- CB Richard Ellis (CBRE) today announced that Patricia A. Nooney has been named Senior Managing Director-Institutional Services for Florida, a new position. In this role, Ms. Nooney will oversee the delivery of Brokerage, Project Management, Asset Services and other services to CBRE’s property owner clients, including its 37 million sq.-ft. portfolio throughout the state. She will also coordinate with CBRE’s Capital Markets professionals in delivering debt and equity solutions to these clients.
CB RICHARD ELLIS NAMES MARY JO EATON SENIOR MANAGING DIRECTOR AND FLORIDA MARKET LEADER
Miami, FL - September 29, 2010 - (RealEstateRama) -- CB Richard Ellis today announced that Mary Jo Eaton has been named Senior Managing Director and Market Leader for its business lines throughout the state of Florida. Ms. Eaton, is currently Managing Director of both the company’s Baltimore office and its Asset Services operations in the Washington-Baltimore region.