Press Releases

CBRE Capital Markets arranged the sale of Barrington Place Apartments, a 233-unit apartment community in the Oviedo area of Orlando for an undisclosed amount. Located at 2785 Chaddsford Circle, the complex was completed in 1998 and has a current occupancy of 95%.

CBRE Capital Markets arranged the sale of Lakeshore Apartment Homes, a 224-unit rental community in the Altamonte Springs area of Orlando. Located at 210 Altamonte Bay Circle, the lakeside property was acquired from a private equity group based in Denver by a Canadian investment firm for $23.65 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction

CBRE Capital Markets arranged the sale of Marbella Lakes, a 200-unit apartment community in Orlando, Florida. The gated community, located at 1980 Lake Fountain Drive, was acquired from IMT Residential by Blue Rock Partners for $12.75 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction.

June 15, 2015 – CBRE arranged the sale of the 73,216-square-foot Executive Airport Business Center in Fort Lauderdale, Florida. The 6.09-acre site with two single-story office/service buildings at 5101 NW 21st Avenue was acquired for $4.6 million by TPCH Broward, LLC, a joint venture between Triton Capital, LLC and CP Highlands Fund LP, both Chicago-based investment firms. CBRE represented the seller

324 Fan Palm Road was completed in February of 2014 and sold by Royal Palm Properties on March 10, 2014 for $3,615,000. The home is located in the prestigious Royal Palm Yacht & Country Club in Boca Raton, Florida and sits on an oversized corner lot with southern exposure and views of the world famous Boca Raton Resort & Club. Featuring five bedrooms, six bathrooms and 6,671 square feet under air, this home is perfect for famil

Gulf Coast International Properties is proud to announce the sale of 2928 Indigobush Way in Grey Oaks for $2,350,000. Tamara Wright represented the seller. In a private setting, this expansive single level floor plan offers four bedroom suites, a study, game room and exercise room. The gourmet kitchen opens to a family room onto the outdoor living area with a kitchen, multi-tiered deck, large pool and spa. Grey Oaks features three golf courses, tennis and wellness facilities, fine dining and more.

Cushman & Wakefield announced today that Senior Associate Michael J. Gerrior, representing Amalgamated Realty, assisted Dr. Fernando G. Miranda in the relocation of his six-employee neurology practice to 2801 Ocean Drive in Vero Beach, Florida

Taylor & Mathis of Florida and AEW Capital Management, L.P. announced today that 355 Alhambra located in downtown Coral Gables received Leadership in Energy and Environmental Design (LEED) Silver Recertification, the U.S. Green Building Council’s (USGBC) leading-edge system for designing and constructing a sustainable, energy-efficient and high-performance building. Green building strategies offer tangible ways for companies to improve their work environment and minimize their environmental impact while strengthening the bottom line.

Messinger, representing building owner Millennium Partners, secured an 8,600-square-foot lease with IMS Internet Media Services (IMS) and a 5,574-square-foot lease with Big Sur Partners. Both firms are relocating from within the Brickell submarket and have committed to long-term deals with expected fourth quarter 2015 move-in dates.

CBRE has been selected by DCT Industrial (NYSE:DCT) as exclusive leasing agent for the newest Class A warehouse development in Miami’s Airport West submarket. DCT Commerce Center II will be developed as three free-standing buildings totaling ±430,000 square feet. The project shall be located between NW 129th and 130th Avenue and NW 12th and 17th Streets, directly across the street from DCT Commerce Center I, a two-building, 334,000-square foot project built in 2012.

Fort Lauderdale-based Stiles announced today it has closed on Sunrise Corporate Plaza, a three-story Class A suburban office property located in Sawgrass International Corporate Park in Sunrise, FL, one of South Florida’s largest and most successful business parks. Developed in 1999, this institutional quality asset is currently 100% leased and encompasses 106,648 rentable square feet on nearly eight acres

CBRE has arranged a 10-year lease for a printing company at the Fort Lauderdale Commerce Center. MOR Printing signed a lease for 24,490 square feet at 3585 NW 54 Street in Fort Lauderdale, Florida. CBRE represented the landlord, Industrial Income Trust, in the transaction.

Gulf Coast International Properties is pleased to announce the sale of 1340 Gulf Shore Blvd. S. in Olde Naples for $8,400,000. Andrew Arreola and Tim Savage represented the buyer. This rarely available, private beachfront lot (100 x 230 x 100 x 237) in the heart of Olde Naples offers a secluded location in the middle of the block with a 20’ x 167' access driveway from Gulf Shore Blvd. S. A survey along with architectural renderings and floor plans for a custom contemporary residence are available.

Douglas Elliman Commercial Division Associate and CCIM Miami District Director Mitash Kripalani, CCIM negotiated the sale of a 27-unit multifamily asset for $4.25 million, or approximately $157,400 per unit

Cushman & Wakefield announced today that the brokerage team of Director Julia Rettig, Director Jeff Lamm, Associate Director Jared Bonshire, Senior Associate David Perez, and Executive Director Mike Davis has been selected by a joint venture of Ridge Development and AEW Capital Management to market the 490,000-square-foot Lakeland Logistics Center in Lakeland, Florida.

Association Law Group (ALG), one of Florida’s leading HOA and condominium law firms with offices in Miami and Ft. Lauderdale, has recovered close to $125,000,000 for its clients in past due maintenance fees and other liabilities since the recession first began. During the peak of the financial crisis, many HOAs and condominiums found themselves in desperate times as delinquencies skyrocketed and owners stopped paying their maintenance fees, in many cases abandoning bad investments they made, while leaving the rest of the homeowners in such properties holding the bag

CBRE arranged the sale of Town Center I in Opa-locka, Florida. The 80,000-square-foot mixed use asset was acquired from JWV Florida Properties LLC by the City of Opa-Locka for $7.9 million. CBRE represented the seller in the sale

Hunt Mortgage Group, a commercial real estate lender, announced today that that it has opened an office in Fort Lauderdale, Florida, located at 110 SE 6th Street on the 17th Floor.

A mixed-use team of capital markets professionals from CBRE’s Tampa and Atlanta offices has been retained as the exclusive advisors for Redstone Investments, the new owners of Tampa, Florida’s Austin Center. The CBRE team includes Jay O’Meara, Dale Peterson, Dave Conn and Sean Williams – a combination of capital markets experts focused on office, retail and multifamily

CBRE launched its global Urban Photographer of the Year competition with the theme, “Cities at Work.” Now in its ninth year, the competition continues to attract photographers from around the world. This year the contest challenges photographers to capture what urban means to them in an ever-changing global landscape. The competition is free to enter and open to both professional and amateur photographers.