Archives

EUGENE, OR - November 8, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce Robert Ekdahl is the latest real estate professional to adopt a customizable IDX solution for his website. Cape Coral MLS listing data is extracted by IDX Broker software and displayed with ease on the website Ekdahl represents. He can now give his clients a comprehensive online property search experience, making it easier than ever for home seekers to find Ft. Myers, Florida homes online.

Long Island City, NY - November 7, 2011 - (RealEstateRama) -- The CBRE Capital Markets team in Tampa arranged the acquisition financing on Two Gotham Center, a 670,000-square-foot, state-of-the-art, LEED Certified 22-story office building, on behalf of the borrower, H&R REIT. Financing terms of the $250 million loan include a 10-year term and a 4.25% interest rate.

Boca Raton, FL - November 4, 2011 - (RealEstateRama) -- Steve Leeds, Broker of Green Capital Realty Advisors, LLC, a Commercial Real Estate Brokerage and Construction Company, represented PEBB ENTERPRISES of Boca Raton, FL in their purchase of 1645 Palm Beach Lakes Boulevard (Sabadell United Bank Building) and 1401 Forum Way (Horizons Building). The combined purchase price was $14,250,000 for the two buildings, which total over 180,000 square feet. PEBB principal Jared Weiner says, “We are very excited about the opportunity to purchase these buildings. These assets provide a tremendous amount of upside for us. We plan on thoroughly renovating the common areas of both buildings, making these the premiere office assets of the Palm Beach Lakes Road corridor in West Palm Beach.” Currently, the Sabadell United Bank Building is 80% occupied with a stable base of long term tenants, while the Horizons Building is 50% occupied.

Orlando, FL - November 4, 2011 - (RealEstateRama) -- Washington Shores Plaza, a neighborhood shopping center with 45,370 rentable square feet, was purchased by CRP II – Washington Shores LLC for $1.8 million. CBRE marketed the REO asset for sale on behalf of Berkadia, the special servicer to the underlying bondholders.

Crystal Beach, FL - November 2, 2011 - (RealEstateRama) -- The University of Florida and Pinellas County Extension partners with the James and Heather Gills YMCA in St. Petersburg to guide those with diabetes take charge. The program will provide 8 sessions headed by certified health professionals and educators. The series will focus on essential steps that can be done to control diabetes, like improving hemoglobin A1C, making healthy meal plans and lowering blood pressure.

Boca Raton, FL - November 1, 2011 - (RealEstateRama) -- CBRE announced today the addition of two notable retail brokerage professionals, Roxanne Register and Lynette Green. The team will focus on providing landlord and tenant representation to retail property owners, clients and landlords throughout South Florida. They will be based in CBRE’s Boca Raton office.

Sarasota, FL - October 31, 2011 - (RealEstateRama) -- The Sarasota-based law firm of Kirk-Pinkerton, P.A. signed a new lease at the M&I Bank Building in Sarasota for 10,104 square feet, comprising the full sixth floor. CBRE Associate Kimberly Rogers and Senior Associate Michael Fisher represented the landlord and building owner, iStar Financial in the new lease transaction. Ian Black of Ian Black Realty provided representation to Kirk-Pinkerton.

Port St. Lucie,, FL – October 28, 2011 – Torchlight Investors sold Hillmoor Village Apartments to Finbay Pacific for $10.5 million. Torchlight acquired the property in December 2010 through a lender foreclosure. At that time, the property was 60% occupied. CBRE was engaged in early 2011 for strategic advice on marketing the asset. Per the recommendation of CBRE, Torchlight invested additional capital into the property and increased occupancy to 90%.

Tampa, FL - October 28, 2011 - (RealEstateRama) -- Westshore continues to hold the position of Tampa Bay’s strongest submarket, with a 20 basis point improvement in vacancy rates during the third quarter and three sustained quarters of positive absorption. Contributing to the positive activity in this submarket was more than 28,000 SF in new leases signed at Colonial Place, located at 4350 West Cypress Street, just off I-275.

Plantation, FL - October 26, 2011 - (RealEstateRama) -- CBRE Group, Inc. (CBRE) successfully partnered with Rebuilding Together of Broward County—an organization working to preserve affordable homeownership and revitalize neighborhoods—to a homeowner in need as part of CBRE’s “Get Out and Give Back” BuildMonth. During BuildMonth, more than 900 CBRE professionals from nearly 20 offices across the U.S. joined Rebuilding Together to assist with housing construction projects for the underprivileged and homeless.

EUGENE, OR - October 26, 2011 - (RealEstateRama) -- Realtor Bob McNelis of Keller Williams Heritage Realty has opted to integrate the premier IDX technology, IDX Broker software, for his professional real estate website. Now, thousands of Mid Florida Regional MLS (MFRMLS) listings are displayed conveniently on the search page that he hosts. McNelis has chosen an IDX solution for his website, and in the process he has changed the online real estate market for himself, his business and countless potential Florida buyers.

EUGENE, OR - October 26, 2011 - (RealEstateRama) -- Florida Future Realty, Inc., IDX, Inc. and Realtor Susan Milner have teamed up to bring home seekers in Cape Coral, Florida an innovative online property search. With her customized IDX solution, Milner has synced her website to the Fort Myers MLS (FortMyers) database, to effortlessly integrate thousands of listings onto her search page. Affiliating with the incredible IDX technology was the best decision Milner made for her website, simplifying the search tools for himself and his clients.

ORLANDO, FL - October 25, 2011 - (RealEstateRama) -- Representing the interests of the state’s real estate industry, a Florida Realtors® delegation headed by 2011 President Patricia Fitzgerald is in Brazil this week to discuss real estate investment opportunities for Brazilians living or vacationing in Florida.

St. Petersburg, FL - October 25, 2011 - (RealEstateRama) -- CBRE announced today the sale of Town Plaza, a 67,050-square-foot shopping center, to a locally based private investor for $2.9 million. The new ownership has plans to revive the neighborhood shopping center that had been neglected over the past several years

Jacksonville, FL - October 24, 2011 - (RealEstateRama) -- Watson Realty Corp. Relocation Services division is pleased to be nationally recognized for their continued outstanding service. At a recent reception during the Employee Relocation Council Conference, SIRVA Relocation presented awards to their top network brokers based on 2010 performance. Watson Realty is the proud recipient of the distinguished Purpose award – a top award given by SIRVA to one outstanding broker in the nation each year.

- October 24, 2011 - (RealEstateRama) -- After suggestions of a ‘double-dip’ recession have subsided, third quarter statistics show Florida is still moving toward recovery, despite inconsistent trends. As reported in the State of Florida MarketView released by CBRE, the end of third quarter 2011 shows the following key findings

Florida - October 21, 2011 - (RealEstateRama) -- After suggestions of a ‘double-dip’ recession have subsided, third quarter statistics show Florida is still moving toward recovery, despite inconsistent trends. As reported in the State of Florida MarketView released by CBRE, the end of third quarter 2011 shows the following key findings:

Ft. Lauderdale, FL - October 20, 2011 - (RealEstateRama) -- Stiles Realty has successfully concluded sales of two former City Furniture stores in Pompano Beach and Lantana for prices totaling more than $6.8 million. The realty firm, a division of Stiles, is currently handling sales of two other former City Furniture showrooms – a Boca Raton facility and another in Pembroke Park.

Miami, FL - October 20, 2011 - (RealEstateRama) -- ComReal Miami’s Industrial Team lead by Ed Redlich, SIOR, CCIM and Chris Spear, successfully relocated an e-commerce company, 1 Sale A Day, from the state of New York to Florida. The industrial property is located at 5960 Miami Lakes Drive. The warehouse and office space measures just over 100,000 sq. ft.

Miami, FL - October 20, 2011 - (RealEstateRama) -- Cervera Real Estate hosted its quarterly top producer awards celebration dinner to recognize their associates for outstanding sales performance in the real estate industry. The event was held at the Four Seasons Hotel Miami located on 1435 Brickell Avenue on October 11, 2011. The awards recognize real estate agents for their top sales performance from various branch offices in South Florida.