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Press Releases

Press Releases

AMERICA’S GATEWAY INDUSTRIAL PORTFOLIO SOLD FOR $19 MILLION

Miami, FL - January 25, 2012 - (RealEstateRama) -- TA Associates acquired the America’s Gateway portfolio, a four-building distribution warehouse portfolio in Miami, for just over $19 million. CBRE Capital Markets professionals Chris Riley, Christian Lee and Brian Budnick, with the help of Industrial leasing professionals Devin White and David Albert, marketed the portfolio and negotiated the transaction on behalf of the seller, Clarion Partners.

Florida real estate market made simple with the IDX solution hosted by Chad Stewart

EUGENE, OR - January 23, 2012 - (RealEstateRama) -- Lake City, Florida real estate agent Chad Stewart has become the latest professional to integrate the dynamic IDX Broker software onto his professional website, creating a helpful and simple search page for Florida home seekers. North Florida MLS (NFMLS) listings are seamlessly linked to the search page Stewart employs, giving him the ability to display thousands of listings on his convenient and easy-to-use Burbach Realty Services website.

SHOPPES AT SOUTHERN PALMS PURCHASED FOR $31.4 MILLION

Wellington, FL - January 20, 2012 - (RealEstateRama) -- CBRE announced today the sale of Shoppes at Southern Palms, a 200,889-square-foot shopping center located on Southern Boulevard in Palm Beach County, Florida to New York-based Garrison Investment Group. Garrison acquired the property for $31.4 million from a joint venture between Panattoni Development Company and a client advised by Invesco Real Estate. CBRE’s National Retail Investment Group in Florida provided exclusive representation to the seller in the transaction.

WINN-DIXIE ANCHORED SHOPPING CENTER IN ST. PETERSBURG, FL SELLS

St. Petersburg, FL - January 19, 2012 - (RealEstateRama) -- Bay View Plaza, a 78,781-square-foot shopping center anchored by a Winn-Dixie grocery store, was recently purchased by Hachem Investments, Inc of Tampa, FL. CBRE marketed the property for sale on behalf of the seller, Springfield Crossing, LLC.

Real estate listings displayed with ease on IDX synced website hosted by Realtor Miguel...

EUGENE, OR - January 19, 2012 - (RealEstateRama) -- Mid Florida Regional MLS (MFRMLS) listings are now seamlessly integrated onto the website supported by IDX, Inc. and hosted by agent Miguel Delgado. Doral, Washington area properties, combining real estate listings from the surrounding states, once required a complicated and time consuming online property search. Now, potential buyers can efficiently and effectively scan MFRMLS listings from the convenience of the website Delgado hosts. Florida property listings have never been so accessible via an online real estate search.

CBRE FORT LAUDERDALE OFFICE PROMOTES TWO PROFESSIONALS

Fort Lauderdale, FL - January 18, 2012 - (RealEstateRama) -- Deanna Lobinsky and Travis Herring of CBRE in Fort Lauderdale office have earned the titles of Senior Vice President and First Vice President, respectively. Broker titles at CBRE reflect quantifiable performance results within their service specialties.

Naples, Florida real estate market made simple with the IDX solution hosted by Fay...

EUGENE, OR - January 17, 2012 - (RealEstateRama) -- Naples, Florida real estate agent Fay Mlinarich has become the latest professional to integrate the...

Orlando Mortgage Lender FBC Releases Year End Central Florida Mortgage Report for 2011

Orlando, FL - January 10, 2012 - (RealEstateRama) -- Orlando mortgage lender FBC recently released their yearend Central Florida Mortgage Report for 2011. Based on all of the data 2011 may be viewed as the year the mortgage and housing market leveled out after years of steep declines. Home prices, excluding condos, are up 6% over the preceding 24 months, rates are at all-time lows, and incomes of home buyers is on the rise. Below is an additional list of highlights for 2011:

CBRE’S TRACI JENKS NAMED PRESIDENT-ELECT FOR NAIOP NORTHEAST FLORIDA

Jacksonville, FL - January 6, 2012 - (RealEstateRama) -- CBRE is pleased to announce Traci Jenks, Senior Associate with the Jacksonville office, has been named president-elect to the NAIOP Commercial Real Estate Development Association with the Northeast Florida chapter (NAIOP-NEFL) in Jacksonville. Jenks first joined NAIOP in 2000 while working in Economic Development with the Jacksonville Regional Chamber of Commerce. She has been on the Board for five years and chaired various committees such as Public Relations, Government Affairs, Membership, and the Annual Awards Celebration.

iPhone enabled property search by IDX Broker synced to Florida real estate resource of...

EUGENE, OR - January 5, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Diane Siefkas to the ever-expanding networks of agents and brokers dedicated to transforming the online real estate search on their professional websites. As a member of the Ocala-Marion MLS (Ocala), Siefkas has long had access to thousands of detailed property listings. Now, her clients and other Lady Lake, Florida home seekers can experience the same level of accessibility to the Ocala MLS. IDX Broker has forever changed the way potential buyers search for homes online.

NEW TEAM TO PROVIDE INNOVATIVE SERVICE TO SOUTH FLORIDA RETAIL

Miami, FL - January 3, 2012 - (RealEstateRama) -- CBRE announced today the addition of retail brokerage professionals, Patxi Diaz and Danny Diaz. The two are joining as Associates to partner with Senior Vice President Paco Diaz, an established top producer for CBRE in the retail specialty. The team will focus on providing brokerage services to retail property owners, landlords and tenants throughout South Florida.

Orlando Mortgage Lender FBC Mortgage Gives Back to the Central Florida Community this Holiday...

Orlando, FL - December 29, 2011 - (RealEstateRama) -- FBC Mortgage, LLC prides itself on being a valuable partner in the communities they serve by supporting local charitable organizations with both in-kind and monetary donations throughout the year. This holiday season FBC Mortgage in conjunction with their generous staff, families and referral partners have been able to make this a very happy holiday season for local Central Florida families at the Coalition for the Homeless of Central Florida.

IDX Broker integrates thousands of Naples real estate listings onto search page of Arthur...

EUGENE, OR - December 27, 2011 - (RealEstateRama) -- Southeast Florida MLS (SEFL) listings are now easier than ever to search online, thanks to IDX, Inc. and real estate professional Arthur Kulick of Miami, Florida. Kulick now hosts a dynamic IDX solution on his website, giving home seekers the ability to efficiently search SEFL listings to find their dream home online. With IDX Broker software, Kulick can display thousands of listings without lifting a finger as online property searches have been simplified for potential buyers, agents, and brokers alike.

Custom IDX solution delivers comprehensive online property search to Florida home seekers

EUGENE, OR - December 23, 2011 - (RealEstateRama) -- Advanced online search features are now available on the OneRes International Realty website of real estate broker Marnie Vaughn. Celebration, Florida properties are integrated directly onto the IDX enabled search pages Vaughn hosts, creating a dynamic search page that is easily accessible to area home seekers. Potential buyers can quickly scan the Mid Florida Regional MLS (MFRMLS) from the comfort of their own home and the convenience of the website Vaughn hosts, thanks to IDX Broker

CBRE CAPITAL MARKETS ARRANGES $5 MILLION IN FIXED FINANCING FOR THE GREEN COMPANIES

Hialeah, FL - December 21, 2011 - (RealEstateRama) -- CBRE Capital Markets in Miami secured $5 million in fixed financing on behalf of The Green Companies, a family-owned real estate development firm based in Miami. The terms of the loan, for the Green Vista Apartments in Hialeah, include a 30-year amortization schedule, a maximum 75% loan-to-value and minimum DSCR of 1.25x. The proceeds were used to acquire 100% interest in the property from their partner who developed the building with The Green Companies in 1997.

NEW $135 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

Miami, FL - December 21, 2011 - (RealEstateRama) -- In one of the largest industrial land transactions in Miami-Dade County since before the recession, Liberty Property Trust (NYSE:LRY) has acquired 126 acres for the development of Miami International Tradeport. With an anticipated 1.6 million square feet of new institutional-grade warehouse and distribution space planned, Miami International Tradeport (MIT) is expected to add $135 million in value to Miami-Dade County’s tax base and create 4,000 new construction jobs with 2,000 full-time jobs upon completion.

CBRE AWARDED “BROKER DEAL OF THE YEAR” FOR INDUSTRIAL AT NAIOP BEST OF THE...

Tampa, FL - December 16, 2011 - (RealEstateRama) -- By overcoming the challenges of the current market conditions and positively impacting today’s greatest economic indicator, job growth, NAIOP Tampa Bay awarded CBRE ‘Broker Deal of the Year’ in the Industrial category for the two-time disposition of the former Pinellas Expo Center during 2011, executed by CBRE First Vice President Brian Rettig, SIOR and First Vice President Gary Bauler, LEED AP.

Pinellas County Short Sale Realtor Shares the County’s Free Programs for Nature Lovers

Crystal Beach, FL - December 14, 2011 - (RealEstateRama) -- Pinellas County Short Sale Realtor, Wendy Smith, shares free programs that appeals to nature lovers, history fans, and environmentalists in Pinellas County. Brooker Creek Preserve Environmental Education Center is a well-known destination for nature lovers for all ages. Programs it offers vary from exhibit Windows, environmental programs, wildest places to hike, and many more that are all offered for free.

CBRE CAPITAL MARKETS ARRANGES FINANCING FOR CARRIAGE HILLS APARTMENTS IN PENSACOLA

Pensacola, FL - December 14, 2011 - (RealEstateRama) -- CBRE Capital Markets recently arranged $6.75 million in proceeds for the purpose of refinancing the debt on Carriage Hills Apartments, a 260-unit garden style apartment complex in Pensacola, Florida. Financing terms of the loan include a 10-year fixed-rate term, 30-year amortization schedule and loan-to-value of 75%. The transaction was completed on behalf of Hills Apartment Communities, LLC and the lender was Miami Beach-based Archetype Mortgage Capital.

EXECUTIVE AIRPORT BUSINESS CENTER PURCHASED FOR $3.4 MILLION

Fort Lauderdale, FL - December 12, 2011 - (RealEstateRama) -- Sale transactions involving commercial real estate assets at significantly reduced prices continue to flood the investment properties market. Supporting this trend was KAS Airport, LLC’s $3.4 million acquisition of Executive Airport Business Center in a short-sale transaction with special servicer, Berkadia.