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WESTBURY AT LAKE BRANDON APARTMENTS SOLD FOR $33.1 MILLION
Tampa Bay, FL - April 28, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale of Westbury at Lake Brandon Apartments located in Brandon, Florida for $33.1 million, or $90,437 per unit. The 366-unit, Class A apartment community was purchased by Alliance Residential Company, a private investment company based in Phoenix, Arizona.
EDGE PRINCIPAL ADVISORS AND PENN-FLORIDA FORM JOINT VENTURE TO ACQUIRE EAST TAMPA OFFICE BUILDNGS
Tampa Bay, FL - April 27, 2011 - (RealEstateRama) -- Two East Tampa office buildings have been purchased by a new partnership between Penn-Florida Companies and Edge Principal Advisors, LLC. The new venture took ownership of Lakeview Center, a 187,500-square-foot office campus, and Eastpointe, an 85,063-square-foot office building, on March 25, 2011. The two buildings are conveniently located immediately off of I-4 on MLK Boulevard. The partnership made the strategic purchase to aggressively re-introduce the assets into the market. Over 50% of the rentable space had been occupied by Bank of America for the past seven years and is now available
Colonial Place I & II Delivers Approx. 70,000 SF In Lease Transactions During March
Tampa Bay, FL - March 23, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) negotiated 65,000 square feet in lease renewals and a new 4,500-square-foot lease at Colonial Place I & II in Westshore. Totaling 371,674 rentable square feet, the two Class A office buildings are owned by DRA/Colonial Properties Trust. CBRE's Brian Devlin and Clay Wommack provided representation on behalf of the ownership.
CB RICHARD ELLIS NAMES PATRICIA A. NOONEY SENIOR MANAGING DIRECTOR-INSTITUTIONAL SERVICES FOR FLORIDA
Miami, FL - October 12, 2010 - (RealEstateRama) -- CB Richard Ellis (CBRE) today announced that Patricia A. Nooney has been named Senior Managing Director-Institutional Services for Florida, a new position. In this role, Ms. Nooney will oversee the delivery of Brokerage, Project Management, Asset Services and other services to CBRE’s property owner clients, including its 37 million sq.-ft. portfolio throughout the state. She will also coordinate with CBRE’s Capital Markets professionals in delivering debt and equity solutions to these clients.