West Palm Beach, FL – June 8, 2012 – (RealEstateRama) — CBRE has been awarded the leasing and property management assignment for 1700 Palm Beach Lakes Boulevard in West Palm Beach by Breakers Capital.
CBRE Vice President Anthony Librizzi and Associate Joshua Nolan have been appointed as exclusive leasing representation for the office tower. Real Estate Manager Cindy Hatcher and Real Estate Services Administrator Harriet Saunders will handle property management under South Florida Director Lisa Jesmer.
Breakers Capital recently acquired the 114,000 SF, Class A office building from DRA Advisors. CBRE Capital Markets professionals Christian Lee, Charles Foschini, Scott O’Donnell and Dominic Montazemi marketed the asset for sale on behalf of DRA Advisors. Foschini and Christopher Apone secured financing on behalf of Breakers Capital.
1700 Palm Beach Lakes is an 11-story office building built in 1988. Major tenants include the Internal Revenue Service, 1st United Bank, Uniters North America and Walton Lantaff.
About CBRE Group, Inc.
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. Please visit our Web site at www.cbre.com.
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