Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, “Scoring Tech Talent” which ranks 50 U.S. markets according to their ability to attract and grow tech talent. Tampa ranks No. 36 on the overall tech talent list, and among the top fifteen small markets – those with a tech labor pool of less than 50,000
CBRE Hotels has been engaged to market the DoubleTree by Hilton, a 742-guestroom hotel located in Orlando, Florida – the number one tourist destination in the United States. The well-established property, at 5780 Major Boulevard, is located directly at the entrance of the Universal Orlando Resort. The Hotel is being offered unencumbered by management and, with the current franchise agreement expiring in May 2016, the Hotel is effectively unencumbered by brand
COMMERCIAL INDUSTRIAL ASSOCIATION OF SOUTH FLORIDA HONORS CBRE SOUTH FLORIDA WITH THREE INDUSTRY AWARDS
The Commercial Industrial Association of South Florida (CIASF) honored CBRE with three awards at its first-ever awards program, held at Douglas Entrance in Coral Gables on March 19, 2015. The non-profit trade group honored several of South Florida’s top performers with awards, including
Jacksonville, FL - March 18, 2013 - (RealEstateRama) -- CBRE announced today that it has closed the $130 million sale of an eight-building, 1,018,218 square foot portfolio in Jacksonville, Florida.
Orlando, FL - March 12, 2013 - (RealEstateRama) -- CBRE announced today that it has arranged $28 million in financing for 408-unit multi-family community in Orlando, Florida. CBRE worked on behalf of Advenir@Broadwater, LLC to secure acquisition financing through Freddie Mac. The 10-year loan is partial interest only and represents an 80% loan-to-value ratio. Proceeds were used to acquire the property.
Bal Harbour (Miami Beach), FL - January 14, 2012 - (RealEstateRama) -- The SunTrust bank building located at 9600 Collins Avenue in Miami Beach’s Bal Harbour village was acquired for $13.5 million by an affiliate of the owner of Bal Harbour Shops. The seller, a wholly owned subsidiary of Inland American Real Estate Trust, Inc., hired CBRE to market the asset for sale.
Margate, FL - June 28, 2012 - (RealEstateRama) -- CBRE announced today the sale of Lakewood Shopping Center, a 236,679-square-foot shopping center located on West Atlantic Boulevard in Margate, Florida. The property was acquired by an affiliate of Toronto/Florida-based North American Development Group (NADG) for $31.5 million from a wholly owned subsidiary of Inland American Real Estate Trust, Inc. CBRE’s National Retail Investment Group in Florida provided exclusive representation to the seller in the transaction.
Miami Lakes, FL - June 27, 2012 - (RealEstateRama) -- CBRE announced today the sale of Miami Lakes Research & Industrial Park, an eight-building R&D manufacturing campus located at 14400–14560 NW 60th Avenue. The 290,529-square-foot campus was purchased by the original developer of the asset, The Graham Companies, for $14.3 million, or $49 per square foot. CBRE represented the seller, MCP EWE LLC (a joint venture between The Easton Group & Marcus Partners), in the transaction.
Fort Lauderdale, FL – June 20, 2012 – CBRE has announced the addition of Gerard Yetming as Senior Vice President with the Investment Properties Multi-Housing Group in South Florida. Mr. Yetming is a former executive with The Federated Companies and previously worked at CBRE from 2002 to 2009. He brings an abundance of real estate experience as both a broker and a principal with a total career transaction volume of more than $6 billion.
Sunrise, FL – June 15, 2012 – Local private investment group, Waterstone Capital LLC, purchased Springtree Center, a 46,760-square-foot retail center in Sunrise, Florida, for $3,475,000 or $74.36 per square foot. CBRE Vice President William Strauss marketed the asset for sale and negotiated the transaction on behalf of the seller, Springtree LLC.
West Palm Beach, FL - June 11, 2012 - (RealEstateRama) -- CBRE announced the addition of two new tenants to Esperanté Corporate Center in West Palm Beach. Merlin Law Group, a Tampa-based law group focused on property insurance law, will expand from an executive suite space at a neighboring property to take 3,500 square feet, nearly tripling their footprint in the market. GenNx360 Management Company is new to the market, taking 1,334 square feet at Esperanté Corporate Center. The firm is the management arm of New York-based private equity firm GenNx360 Capital Partners.
West Palm Beach, FL - June 11, 2012 - (RealEstateRama) -- CBRE arranged the sale of 1700 Palm Beach Lakes, a 113,953-square-foot office building for $18,462,500. CBRE market the asset for sale on behalf of DRA Advisors, and also secured $13,725,000 acquisition financing on behalf of the purchaser, Breaker’s Capital Partners LLC. The new owner has retained CBRE as exclusive leasing advisor as well.
Delray Beach, FL - June 8, 2012 - (RealEstateRama) -- CBRE Capital Markets in South Florida secured permanent financing on the Bank United Building in Delray Beach, Florida for $6,050,000 on behalf of the borrower, Yomtob Office Holdings, LLC.
West Palm Beach, FL - June 8, 2012 - (RealEstateRama) -- CBRE has been awarded the leasing and property management assignment for 1700 Palm Beach Lakes Boulevard in West Palm Beach by Breakers Capital.
West Palm Beach, FL - June 8, 2012 - (RealEstateRama) -- Ecclestone Organization has appointed CBRE to lease Regions Financial Tower, a 180,000-square-foot Class A office tower in the West Palm Beach submarket. CBRE Vice President Anthony Librizzi and Associate Joshua Nolan have been appointed as exclusive leasing representation for the office tower. Ecclestone had previously been handling leasing in-house.
Tampa, FL - June 5, 2012 - (RealEstateRama) -- Equity Office Properties, an affiliate of The Blackstone Group, appointed CBRE to lease the Highland Oaks master-planned office park in the East Tampa submarket. Located at Martin Luther King Jr. Boulevard and Falkenburg Road, the entire portfolio comprises five Class A office buildings with more than 575,000 rentable square feet total.
Ft. Lauderdale, FL - May 21, 2012 - (RealEstateRama) -- CBRE arranged the sale of a 23,911-square-foot industrial flex building for $1,525,000, or $63.77 per square foot. The transaction was a short sale on behalf of the owner and occupant, Frenzel Enterprises, Inc. The building was purchased by Powerline Road, LLC for use by a marble and granite sales and distribution company.
Miami, FL - May 18, 2012 - (RealEstateRama) -- CBRE Capital Markets in South Florida secured financing for two acquisition loans through Freddie Mac for a total of $64,750,000 million. In Castle Rock, Colorado, CBRE secured $40,560,000 on behalf of the local-based investment group, Advenir, for the acquisition of the Lodge at Castle Pines, a 356-unit multifamily community. On behalf of another local investment group, Momentum Real Estate Partners, CBRE secured $24,200,000 for the acquisition of a 246-unit multifamily community, Legacy Point in Arlington, Texas
Tampa, FL - May 17, 2012 - (RealEstateRama) -- Tampa, Fla.-based Checkers Drive-In Restaurants Inc. has renewed their lease agreement at Colonial Place II in the Westshore market for an 11-year term. CBRE arranged the transaction on behalf of the landlord, DRA/CLP CP Tampa LLC. The 26,000-square-foot office in Tampa is headquarters to the Checkers & Rally’s franchise
Sunrise, FL - May 16, 2012 - (RealEstateRama) -- CBRE arranged the sale of Atrium West, a suburban office building at 7771 West Oakland Park Boulevard, for $4.8 million, or $51.79 per square foot. The bank-owned asset was sold to Atrium 93, LLC, a local private equity group. CBRE represented the seller, ATC Realty One, a limited liability company.