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NEWLY AVAILABLE OFFICE SPACE INTRODUCED WITH NEW BUILDING NAME

Jacksonville, FL - September 14, 2011 - (RealEstateRama) -- Over 69,000 square feet of Class A space is newly available to the Jacksonville/St. Augustine area. Named for the sole tenant, Tree of Life, the building is being reintroduced as Golfway Place. The former tenant, who occupied the space as a headquarters location for their specialty foods distribution business, will be vacating the building in December as a result of an acquisition. CB Richard Ellis (CBRE) is the exclusive listing advisor for the newly renamed Golfway Place.

PALMS PLAZA PURCHASED FOR $18.5 MILLION

Boca Raton, FL - September 13, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today the sale of Palms Plaza, a 68,976-square-foot shopping center located in the heart of Boca Raton, to North American Development Group (NADG). Toronto/Florida-based NADG acquired the property for $18.5 million from Bell Partners Inc, a real estate firm based in Greensboro, NC. CBRE’s National Retail Investment Group in Florida provided exclusive representation to Bell Partners in the transaction.

COSTEX CORPORATION PURCHASES 180,000-SF BUILDING IN MIAMI TO SUPPORT GROWING BUSINESS

Miami, FL – September 8, 2011 – Costex Corporation (“Costex”), a worldwide quality supplier of new replacement parts for the heavy equipment industry, is expanding its business in South Florida. To accommodate their growth, Costex recently purchased the 180,000-square-foot industrial property at 7901–8187 NW 71st Street in Miami for $10.3 million from building owner Seagis Property Group, an industrial investment firm based in West Conshohocken, Pennsylvania

CB RICHARD ELLIS ARRANGES THE SALE OF TWO NEIGHBORHOOD SHOPPING CENTERS IN RIVIERA BEACH...

Miami, FL - September 2, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) facilitated the sale disposition of two neighborhood shopping centers; Riviera Square in Riviera Beach and Sample Plaza in Pompano Beach, on behalf of Kimco Realty Corporation affiliates. Both properties were acquired on August 19, 2011 by MYA Properties LLC for an undisclosed price.

FOREIGN INVESTOR PURCHASES SOUTH BEACH APARTMENTS FOR $2.7 MILLION

Miami, FL - August 26, 2011 - (RealEstateRama) -- Supporting increased confidence in the market, Domus Group, a Latin American investor purchased 1818 Meridian Avenue in Miami Beach, Florida. Calum Weaver who co-chairs the CB Richard Ellis (CBRE) Multi-Housing Private Capital Group in South Florida negotiated the $2.7 million sale transaction on behalf of the seller.

CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER

Miami, FL - August 24, 2011 - (RealEstateRama) -- CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.

CBRE ARRANGES THREE LEASES AT MAITLAND PROMENADE ONE IN MAITLAND, FLORIDA

Ft. Lauderdale, FL - August 15, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) recently arranged three leases totaling 27,915 square feet on behalf of Baltimore-based Maitland Office Company, LLC at Maitland Promenade One, located at 485 N. Keller Road in Maitland, Florida.

CBRE SECURES 50,000 SF LEASE AT 5601 HIATUS IN TAMARAC, FLORIDA

Ft. Lauderdale, FL - August 11, 2011 - (RealEstateRama) -- CBRE (NYSE:CBG) arranged a long-term, 50,000-square-foot lease on behalf of Piedmont Office Realty Trust at 5601 Hiatus Road, in Tamarac, Florida. The tenant, a large national insurance company, is taking the entire second floor of the two-story, 100,000-square-foot office building. The firm will occupy its new space in 1Q2012.

CBRE SELECTED AS EXCLUSIVE ADVISOR FOR SALE OF IBD BUILDING IN DEERFIELD BEACH, FL

Deerfield Beach, FL - August 11, 2011 - (RealEstateRama) -- Yomtob Commercial, LLC recently named CBRE as exclusive advisor for the sale of the IBD Building, a multi-tenant office building totaling 28,726 square feet, located at 3275 Hillsboro Boulevard in Deerfield Beach, Florida.

GEORGETOWN COMMUNITY SITE SOLD FOR $800,000

Ft. Lauderdale, FL - August 9, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) arranged the sale disposition of a 27-acre Georgetown Community site for $800,000 to Arch, LLC. The bank-owned asset comprised six fee-simple completed units and 118 finished fee-simple lots with entitlements and infrastructure. The site is situated on the southern part of the 320-unit Georgetown Community partially developed by Centerline Homes in 2005.

OXFORD INTERNATIONAL RELOCATES

Palm Beach Gardens, FL - August 2, 2011 - (RealEstateRama) -- Oxford Global Resources is relocating to Corporate Center at The Gardens, taking 18,500 square feet in the beginning of October of this year. For Oxford, the move allows the IT/Telecom staffing firm to reflect their talent-focused culture, with inviting lounge areas, activity rooms and a fitness center—all intended to stimulate interactivity and community for the employees of Oxford.

FLORIDA’S COMMERCIAL REAL ESTATE MARKETS TODAY: UP, DOWN AND IN BETWEEN

Miami, FL - July 28, 2011 - (RealEstateRama) -- Market conditions have improved across Florida, but with little consistency between product types and classes, as reported by the CBRE 2Q 2011 Statewide MarketViews released today. CBRE MarketViews report on commercial real estate trends in the Florida. Markets tracked include Jacksonville, Orlando, Tampa Bay, and South Florida.

BAYCARE HEALTH SYSTEM EXPANDS TO 60,749 SF AT COLONIAL CENTER BAYSIDE II

Clearwater, FL - July 13, 2011 - (RealEstateRama) -- The Tampa Bay area health care network, BayCare Health System expanded their occupancy at Colonial Center Bayside II by 13,556 square feet, for a total lease of 60,749 square feet.

FOREIGN INVESTOR PURCHASES PALM CLUB APARTMENTS FOR $7.8 MILLION

Lake Worth, FL - July 12, 2011 - (RealEstateRama) -- Israel-based group, PC Townhomes, LLC, purchased Palm Club Apartments for $7.8 million. With 160 units, the price paid for the Lake Worth townhome community amounted to $48,750 per unit.

CB RICHARD ELLIS TAPS TIM GIFFORD TO SERVE CAPITAL MARKETS OF LATIN AMERICA

Miami, FL - June 29, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) announced today that Tim Gifford has joined the Capital Markets group as Senior Vice President. Gifford is based in the Miami office and will focus on investment acquisitions, dispositions and financing of properties in the Latin American markets.

3.93-ACRE SITE ALONG NORTH FEDERAL HIGHWAY PURCHASED FOR AUTOMOTIVE RETAIL USE

Delray Beach, FL - June 23, 2011 - (RealEstateRama) -- FL-PB Park Place, LLC sold the 3.93-acre lot along North Federal Highway for $1,450,000 to an undisclosed buyer. Located just north of Maroone Volkswagon at 2419-2605 N Federal Highway, the vacant lot was once slated for a mixed-use development project dubbed Parc Place North. In 2005, the site was approved the development of 45 residential units as well as office and retail components.

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.

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.