Archives

Homestead Shopping Center Trades For $2 Million

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 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.

CapasGroup Bolsters Brokerage Team with addition of Financial & Marketing Associate

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 Wagner Closes Sale Of Key Largo Resort

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

Signature Coral Gables Building Trades

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.

CBRE PROMOTES FOUR SOUTH FLORIDA PROFESSIONALS

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 ARRANGES SALE OF PRIME DEVELOPMENT SITE IN DOWNTOWN FORT LAUDERDALE

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.

C&W Brokers Sale of Tampa’s Westshore Center

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)

CBRE CAPITAL MARKETS BROKERS $8.3 MILLION SALE OF TAMPA APARTMENT COMMUNITY

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 ARRANGES SALE OF HOLLYWOOD OFFICE PARK

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

CRE Florida Partners Grows Team With Addition Of David Walsh

CRE Rauch Lupo Robertson, a CRE Florida Partners Company, is pleased to announce the addition of David Walsh to its South Florida team. Walsh has joined CRE as a Multifamily Specialist in our Boca Raton office as Senior Investment Associate. In his new role, Walsh will lead and build the firm’s multi-family businesses in South Florida

CBRE’S JOSÉ LOBÓN PROMOTED TO VICE PRESIDENT

CBRE is pleased to announce that José Lobón has been promoted to Vice President. Lobón, who joined CBRE in 2011, is a member of CBRE’s Capital Markets, Institutional Properties team based in Miami. He helps advise many of the largest U.S. real estate investors on their investment, disposition and capitalization strategies.

CBRE SELLS AND ARRANGES FINANCING FOR ICONIC TAMPA OFFICE TOWER

CBRE has arranged the sale and financing of Rivergate Tower, a Class A, 515,965-square-foot iconic office building located at 400 North Ashley Drive in Tampa, Florida, for an undisclosed price. The sale of Rivergate Tower is the third recent Tampa CBD office tower sale that CBRE has brokered in the last year, following Wells Fargo Plaza and Fifth Third Center.

CBRE SELLS 79,998-SF, MULTI-TENANT RETAIL CENTER

CBRE arranged the sale of University Commons, a 79,998-square-foot, multi-tenant retail center located at 6702-6852 N. University Drive in Tamarac, Florida. Bar Invest Group, Inc. purchased the property for $10,700,000. The seller was University Commons, LLC, affiliated with Boca Raton-based Pebb Enterprises, which hired CBRE to market the asset for sale and negotiate the transaction

CBRE ARRANGES $13.75 MILLION LOAN FOR ACQUISITION OF ATLANTA-AREA RESIDENTIAL COMMUNITY

CBRE Capital Markets’ Debt & Structured Finance originated $13.75 million in financing for PointOne Holdings’ $17.8 million acquisition of Southwinds Stockbridge, a 240-unit multifamily residential community in the greater Atlanta, Georgia, metropolitan area. PointOne Holdings will rebrand the community as Southwinds Point

$5 million in capital improvements complete at Sunforest Business Park, modernization meets demand...

Avison Young unveiled the newly renovated Sunforest I, a 107,000 square-foot, three-story suburban office building located at 5130 Eisenhower Boulevard in Tampa’s Sunforest Business Park, which recently underwent a $5 million capital improvement initiative bringing the property to the highest standards of modernization.

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.