RealEstateRama Tags Posts tagged with "NYSE:CBG"
Vero Beach, FL - March 2, 2012 - (RealEstateRama) -- CBRE arranged the sale of Vero Beach Corners, a strategically located retail center, exceptionally well positioned in the Indian River Mall submarket for long-term growth and success. Situated at the “main and main” intersection of State Road 60 and Kings Highway, the center was acquired for $1.35 million from ORIX Capital Markets, based in Dallas, by Vero Beach Corners Retail Center, LLC.
Miami, FL - February 21, 2012 - (RealEstateRama) -- Three CBRE real estate transactions have been recognized as outstanding achievements by the South Florida chapter of NAIOP Commercial Real Estate Development Association. CBRE’s lease transaction for KTR Cold Storage, the sale of the Weston Business Center and the proposed Miami International Tradeport development were honored during the 30th anniversary of the NAIOP South Florida Awards of Excellence on February 16.
Miami, FL - February 13, 2012 - (RealEstateRama) -- CBRE Capital Markets in Miami arranged a $36,590,000 refinance loan for Fairway View and Palmetto Place in Miami, Florida. CBRE Vice Chairman Charles Foschini in Miami was joined by Vice President Christopher Apone and Vice Chairman Christian Lee in representing the borrower, Fairway View Associates LTD and Palmetto Place Associates LLC.
Miami, FL - February 10, 2012 - (RealEstateRama) -- The industry’s leading commercial real estate professionals believe it is safe to say that as we head into 2012, the worst of the economic turmoil is behind us and Florida’s commercial markets are positioned well to move toward true recovery throughout this year and the years ahead, according to the 2011–2012 Florida Market Perspective, a comprehensive assessment and outlook on commercial real estate throughout the state, released by CBRE.
Orlando, FL - February 2, 2012 - (RealEstateRama) -- Brookwood Lakefront Investors, LLC acquired Lakefront I and II, a four-building, ±192,654-square-foot suburban office/warehouse property located within Orlando Central Park. CBRE Executive Vice President Ron Rogg marketed the asset for sale and represented a private seller in the disposition.
Miami/Boca Raton, FL - January 27, 2012 - (RealEstateRama) -- CBRE announced this week the addition of four new leasing professionals to the firm’s South Florida operations. Maggie Guajardo Kurtz and Diana Parker join CBRE to provide office landlord and tenant representation services in Miami-Dade County. Michael Wilson and Owen Sagar, based in the Boca Raton office, will focus on servicing office property owners and occupiers in the Palm Beach County market.
January 26, 2012 - (RealEstateRama) -- CBRE released today the State of Florida MarketViews for fourth quarter 2011. The CBRE MarketView reports cover office, industrial and retail properties in Florida's Jacksonville, Orlando, Tampa Bay, and South Florida markets. Below are key findings
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Delray Beach, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Arbors Office Park at 1615, 1625 & 1690 South Congress Avenue in Delray Beach to RexxHall Realty. LLC. The three-building office park totals 244,247 rentable square feet and is 45% occupied.
St. Petersburg, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Isles of Gateway, a 212-unit apartment community located in St. Petersburg’s Gateway submarket. Located at 10600 Fourth Street North, The Isles of Gateway was acquired by Robbins Property Associates for $16.82 million, or $79,340 per unit. CBRE’s Multi-Housing Group in Tampa marketed the property for sale and negotiated the transaction on behalf of the seller, CAPREIT.
Orlando, FL - November 29, 2011 - (RealEstateRama) -- November 29, 2011 – CBRE announced today the 60,000-square-foot new lease acquisition by Hilldrup United Van Lines at Cypress Park East, Building 5 in Orlando. The established moving and storage company followed suit of many tenants in today’s market of a flight-to-quality trend by taking advantage of favorable rates in high-quality industrial product.