Yearly Archives: 2014

On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46. The Senate has not yet acted on the tax extenders, but is expected to do so the week of Dec. 8. Please visit the Mortgage Debt Cancellation Relief page on realtor.org for any developments in the coming week

CBRE arranged the sale of Wells Fargo Center, a Class A, 389,608-square-foot landmark office building located at 100 South Ashley Drive in Tampa, Florida, for an undisclosed price. The CBRE Capital Markets, Institutional Properties team representing the seller included Christian Lee, Dale Peterson, Charles Foschini and Marcos Minaya.

The ComReal Companies are proud to announce that Edward Redlich is now serving as President for 2014-2015 of the Society of Industrial and Office Realtors® (SIOR) Florida Chapter which is comprised of nearly 200 members. Redlich has had a leadership role with the Chapter for the past several years and was elected as President at their Fall meeting

CBRE arranged the sale of a 124,500-square-foot single-tenant office property leased to Kaplan University at at 12650 Ingenuity Drive, Orlando, FL. US-based City Office REIT, Inc. (NYSE: CIO),acquired the two-story building at Central Florida Research Park from RT Ingenuity, LLC for $26.5 million. CBRE represented the seller

Florida CFO Jeff Atwater today announced the arrest of Miami bail bondsman David Rodriguez, 47, on grand theft charges. The arrest follows a joint investigation by the Department of Financial Services’ Division of Insurance Fraud and its Division of Agent & Agency Services into a 2013 incident in which the defendant stole $16,000 that was supposed to pay a client’s bond

Miami, FL - November 7, 2014 - (RealEstateRama) -- Congresswoman Frederica S. Wilson (FL-24) will host a town hall meeting tonight at 6:00 p.m. to 8:00 p.m. at the Liberty Square Community Center to talk with residents about the Miami-Dade County and City of Miami Police Departments’ efforts to combat rising violent crime in and around the Liberty Square Housing Project. Miami-Dade County Commissioner Audrey Edmonson, City of Miami Commissioner Keon Hardemon, Miami-Dade County Police Director J.D. Patterson, other community leaders and activists will join Congresswoman Wilson to address residents’ concerns and find solutions

Cheryl Howell, Lake County Housing Services Manager, was recently given the Michael D. Smith Timex Award at the Florida Community Development Association’s Annual Conference for her dedication to improving access to housing, economic opportunities and public services

CBRE arranged leases for four premier retail tenants at The Manor@Flagler Village, developer Related Group’s new mixed-use development at 525 North Federal Highway in Fort Lauderdale, FL, which will feature 382 apartment units and 22,476 square feet of street-level retail.

Over the last two days, Congressman Joe Garcia hosted senior leaders from the Federal Emergency Management Association (FEMA) in his district for a discussion on the future of the the National Flood Insurance Program (NFIP) in Florida, and the implementation of H.R. 3370 – the Homeowners Flood Insurance Affordability Act. In total, three meetings were held across Miami-Dade and Monroe Counties, where various elected officials, industry representatives, business associations, watchdog organizations, and concerned and active citizens were in attendance.

CBRE has been engaged as exclusive marketing advisor for a new 270-unit lakeside apartment community in North Broward County, FL. Set on approximately 15.2 acres at 5401 Wiles Road, Altis at Coconut Creek is a Class A asset with condo-quality design features and amenities.

Fort Lauderdale, FL - October 6, 2014 - (RealEstateRama) -- CBRE Capital Markets' Debt & Structured Finance team announced that it has arranged $56 million in first mortgage bridge financing for One East Broward Boulevard, a 343,551-square-foot, Class A office tower in Fort Lauderdale, Florida

Jacksonville, FL - October 2, 2014 - (RealEstateRama) -- CBRE arranged a 510,443-square-foot lease for GE Oil & Gas to occupy a new advanced manufacturing plant in the Alliance Florida at Cecil Commerce Center in Jacksonville, FL. GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from exploration & production to downstream. The company has signed a multi-year lease for the property owned by Hillwood Investment Properties to commence on November 1, 2014.

Miami, FL, - September 30, 2014 - (RealEstateRama) -- Taylor & Mathis of Florida has signed Suffolk Construction to a lease at Miami’s One Biscayne Tower. Suffolk Construction is relocating from the airport submarket and expanding their offices into nearly 15,000 square feet downtown.

West Palm Beach, FL - September 23, 2014 - (RealEstateRama) -- CBRE has been engaged to market a 202-unit apartment community with resort-style amenities in West Palm Beach, FL. Spanning 11.6 acres at 2111 Brandywine Road, Village Place offers an opportunity to acquire a top-performing, fully stabilized asset with value-add potential

CHICAGO - September 22, 2014 - (RealEstateRama) -- Governor Pat Quinn today broke ground on the $70.5 million Illinois Veterans Home at Chicago. The 200-bed facility will be the fifth veterans’ home in the state and the first in Chicago. Today’s action is part of Governor Quinn’s longstanding commitment to honor and support the men and women who have served our nation.

Fort Lauderdale, FL - September 22, 2014 - (RealEstateRama) -- CBRE’s Net Lease Property Group completed the sale of a new long-term net leased Bank United investment property located at 1730 East Sunrise Boulevard in Fort Lauderdale, FL. The buyer, 859-877 Realty Associates, LLC., purchased the property for $3,800,000 from 1730 Sunrise LLC. CBRE represented the seller in the transaction

Pompano Beach, FL - September 17, 2014 - (RealEstateRama) -- CBRE has arranged a 34,806-square-foot lease for Shred-it at Prologis’ Pompano Industrial Center I, located at 1300 NW 22nd Street, Pompano Beach, Florida. Shred-it is an information destruction company, serving more than 300,000 global, national and local businesses with over 140 branches located in 18 countries around the world. The company will move from its current 15,000-square-foot location at 3550 Gateway Drive in Pompano Beach to assume occupancy on Dec. 1, 2014.

Miami, FL - September 16, 2014 - (RealEstateRama) -- CBRE Hotels arranged the sale of two beachfront resort and marina properties in Islamorada, FL, bringing to seven the number of hotel and resort transactions closed by CBRE in the Florida Keys in the past 18 months. Both the 12-acre Postcard Inn Beach Resort & Marina at Holiday Isle, FL, located at 84001 Overseas Highway, and the 15-acre La Siesta Resort & Marina, located at 80241 Overseas Highway, were acquired by an undisclosed buyer.

Fort Lauderdale, FL - September 8, 2014 - (RealEstateRama) -- CBRE’s Net Lease Property Group completed the sale of a new long-term net leased Bank of America investment property located at 4901 North Federal Highway in Fort Lauderdale, FL. The buyer, Bayrock Investment Co., purchased the property for $9,265,000, from 4901, LTD. CBRE represented the seller, Fort Lauderdale-based Trion Group, in the transaction.

TAVARES - August 19, 2014 - (RealEstateRama) -- Flooding causes more property damage in the United States than any other type of natural disaster, and the Lake County Public Works Department is urging homeowners to be sure they are protected