Yearly Archives: 2012

WINTER GARDEN, FL - June 12, 2012 - (RealEstateRama) -- Southern Management and Development, L.P. has purchased the 43,200-square-foot Avamar Crossing retail/office center in Winter Garden for an undisclosed price from lender Fifth Third Bank

West Palm Beach, FL - June 12, 2012 - (RealEstateRama) -- Reichel Realty announced $1.45 million in lease transactions by Jim Tornabene, broker associate, and Jack Bicknell, senior vice president.Tornabene handled the following leases

West Palm Beach, FL - June 11, 2012 - (RealEstateRama) -- CBRE announced the addition of two new tenants to Esperanté Corporate Center in West Palm Beach. Merlin Law Group, a Tampa-based law group focused on property insurance law, will expand from an executive suite space at a neighboring property to take 3,500 square feet, nearly tripling their footprint in the market. GenNx360 Management Company is new to the market, taking 1,334 square feet at Esperanté Corporate Center. The firm is the management arm of New York-based private equity firm GenNx360 Capital Partners.

West Palm Beach, FL - June 11, 2012 - (RealEstateRama) -- CBRE arranged the sale of 1700 Palm Beach Lakes, a 113,953-square-foot office building for $18,462,500. CBRE market the asset for sale on behalf of DRA Advisors, and also secured $13,725,000 acquisition financing on behalf of the purchaser, Breaker’s Capital Partners LLC. The new owner has retained CBRE as exclusive leasing advisor as well.

Delray Beach, FL - June 8, 2012 - (RealEstateRama) -- CBRE Capital Markets in South Florida secured permanent financing on the Bank United Building in Delray Beach, Florida for $6,050,000 on behalf of the borrower, Yomtob Office Holdings, LLC.

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.

West Palm Beach, FL - June 8, 2012 - (RealEstateRama) -- Ecclestone Organization has appointed CBRE to lease Regions Financial Tower, a 180,000-square-foot Class A office tower in the West Palm Beach submarket. CBRE Vice President Anthony Librizzi and Associate Joshua Nolan have been appointed as exclusive leasing representation for the office tower. Ecclestone had previously been handling leasing in-house.

EUGENE, OR - June 6, 2012 - (RealEstateRama) -- DX, Inc. welcomes Karen McCarthy of Majestic Property to the growing network of agents and brokers who have integrated an IDX solution onto their real estate website. McCarthy can now seamlessly display thousands of Southeast Florida MLS (SEFL) listings on the convenient search page she hosts. By enabling IDX Broker software on her website, she has given her clients and other Miami Beach, Florida home seekers the ability to quickly and easily search for homes online.

EUGENE, OR - June 6, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Sun Realty and Jim Neal have chosen to integrate the revolutionary IDX Broker software onto the website Neal supports, creating a dynamic and efficient online real estate resource for buyers and agents alike. As a member of the Bonita Springs-Estero MLS (BEARMLS), Neal can easily display thousands of Estero, Florida area listings on his IDX-enabled website, simplifying his job and the entire search process for his clients. Home seekers can explore BEARMLS listings like never before, quickly and easily, without ever leaving the website that Neal hosts.

TALLAHASSEE, FL - June 5, 2012 - (RealEstateRama) -- During the first week of the 2012 Hurricane Season, Florida Chief Financial Officer Jeff Atwater is urging Floridians to “Protect Your Home Base” and prepare financially for a storm this year. With two named storms before the season officially began, one making landfall in Florida just two weeks ago, now is the time for Floridians to prepare and protect their homes and businesses.

Tampa, FL - June 5, 2012 - (RealEstateRama) -- Equity Office Properties, an affiliate of The Blackstone Group, appointed CBRE to lease the Highland Oaks master-planned office park in the East Tampa submarket. Located at Martin Luther King Jr. Boulevard and Falkenburg Road, the entire portfolio comprises five Class A office buildings with more than 575,000 rentable square feet total.

EUGENE, OR - May 31, 2012 - (RealEstateRama) -- Boca Raton, Florida area properties just became easier to search for, thanks to the partnership of IDX, Inc. and Broker Lex Levinrad of Charles Rutenberg Realty. Fort Lauderdal MLS (RAGFL) are now fully integrated onto the search page Levinrad hosts, giving Florida home seekers an easy-to-use real estate resource to utilize in their online property search. With his custom IDX solution, Levinrad now hosts one of the most dynamic and informative real estate websites and searches for Florida area buyers.

Palm Beach Gardens, FL - May 25, 2012 - (RealEstateRama) -- Showing signs of a strengthening industrial market, Reichel Realty president Bill Reichel reported the sale of two parcels in the Haverhill Business Park in Riviera Beach, Florida, totaling $1,005,000

EUGENE, OR - May 24, 2012 - (RealEstateRama) -- Jacksonville, Florida home seekers can now experience the innovative online real estate search made possible by IDX, Inc. on the website of Broker Shane Denmark. The IDX solution Denmark now employs has made finding the perfect Florida home so much easier for potential buyers, by automatically syncing thousands of Northeast Florida MLS (NEFMLS) listings instantaneously on the search page he hosts. Never before has such a comprehensive and easy-to-use tool been so accessible for online property seekers.

Pompano Beach, FL - May 24, 2012 - (RealEstateRama) -- The sale of the Arbour Building at 440 East Sample Road in Pompano Beach demonstrates a changing trend in the asset category of actively trading properties. During the past 24 months, sales have been almost entirely comprised of core Class A product or distressed assets. The Arbour Building, a stabilized Class B office building, lies between these two opposite ends of the spectrum for investment sales.

Deerfield Beach, FL - May 23, 2012 - (RealEstateRama) -- With new contracts to lease and manage 347,000 square feet of top-tier, Class A Broward office properties for owner Western National Life Insurance Company, Stiles reports strong strategic growth of its third-party services.

EUGENE, OR - May 21, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce Donna Zalter of EWM Realtors as the latest addition to the growing network of real estate professionals choosing to update their websites with an IDX solution. The comprehensive database of Southeast Florida MLS (SEFL) is seamlessly displayed on the website Zalter hosts, giving home seekers a complete online property search. With the unique IDX solution he presents online, Zalter has forever changed the way potential Florida buyers search for luxury properties online.

Ft. Lauderdale, FL - May 21, 2012 - (RealEstateRama) -- CBRE arranged the sale of a 23,911-square-foot industrial flex building for $1,525,000, or $63.77 per square foot. The transaction was a short sale on behalf of the owner and occupant, Frenzel Enterprises, Inc. The building was purchased by Powerline Road, LLC for use by a marble and granite sales and distribution company.

EUGENE, OR - May 21, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to welcome Realtor Teresa Rogers to the growing network of real estate professionals using the revolutionary IDX Broker software on their websites. Mid Florida Regional MLS (MFRMLS) listings are now seamlessly integrated onto Rogers’ search page, making thousands of detailed property listings instantly available for home seekers and potential clients. With her customized IDX solution, Rogers can host one of the most dynamic and informative real estate websites and searches for Tampa, Florida buyers.

Miami, FL - May 18, 2012 - (RealEstateRama) -- CBRE Capital Markets in South Florida secured financing for two acquisition loans through Freddie Mac for a total of $64,750,000 million. In Castle Rock, Colorado, CBRE secured $40,560,000 on behalf of the local-based investment group, Advenir, for the acquisition of the Lodge at Castle Pines, a 356-unit multifamily community. On behalf of another local investment group, Momentum Real Estate Partners, CBRE secured $24,200,000 for the acquisition of a 246-unit multifamily community, Legacy Point in Arlington, Texas