Business

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 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.

New development and incredible real estate has made Sunny Isles real estate the most sought after luxury real estate in Florida! The Michelle T. Sterling Luxury Real Estate team is a Miami pre-construction buyer’s agent that can help you find a pre-construction condominium to fit your needs as well as the price point, location and lifestyle that is right for you. They know the developments in each neighborhood and can match the neighborhood with your needs.

Kristopher G. Wagner, P.A., Director, Commercial Sales with The Keyes Company-Commercial Real Estate Division, negotiated the sale of a retail center located at 26610 S. Dixie Highway in Homestead, Florida.

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 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 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.

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 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 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 team is a direct result of increased business volume, and comes on the heels of several transactions completed by the firm in the past six months, including several land sales in West Palm Beach’s Curry Park Corridor.

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

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 feet, is situated on a 12,000-square-foot lot and adjacent to three 4,000-square-foot lots, which serve as on-site surface parking for the property.

MetWest International is adding Thai Prime to its already impressive line-up of restaurants at its retail center across from International Plaza and Tampa International Airport. Thai Prime is a local restaurant known for its authentic Thai cuisine and is slated to open in the fall. It will offer 176 seats, a full liquor bar and outside seating

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 has successfully represented many of the region's high-profile developers and private investor groups in the acquisition and disposition of their retail property assets.

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 Acquisitions, LLC for $17.25 million.

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 represented an institutional owner in the transaction. The buyer was Roseview-PMRG Fund I, LLC, a joint venture between The Roseview Group and PM Realty Group (PMRG)

Inc. has announced that RE/MAX Dynamic-The Duncan Duo & Associates has earned the position of 561st on the 2015 Inc. 5000 list of fastest-growing private companies in America. They were one of only 159 real estate firms in the nation to appear on the Inc. 5000 and the fastest growing residential real estate sales firm in Tampa Bay. Past companies to make the prestigious list include Microsoft, Oracle and Zappos. This is the second consecutive year RE/MAX Dynamic has made the list, jumping nearly 500 places from the 2014 list in the No. 1,052 spot

Banker Lopez Gassler P.A. is relocating its downtown St. Petersburg office to First Central Tower later this year. The law firm has leased a full floor, 15,296 square feet, at the building. The long term lease was brokered by Mia Jarrell of Colliers International.

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 Hillsborough River. CBRE represented the seller, NR Investments, in the transaction.

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 253,000 rentable square feet, was acquired from MetLife Real Estate Investors by Dividend Capital Trust