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CBRE

CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

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CBRE’s Philip D. Voorhees and NRP-West Team Release Free App for Easy Access to...

NRP-West, CBRE’s West Coast Retail Institutional Group team led by CBRE Executive Vice President, Philip D. Voorhees, announced today the release of its iOS and Android mobile app. “At this dynamic stage of the real estate cycle, the NRP-West team continues to employ a systematic, proprietary database-driven marketing approach to reach the widest array of potential investors,” said Voorhees.
TheTriangle

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of The Triangle in Orange...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Partners – West (NRP-West) team completed the sale of The Triangle, a 204,523-square-foot coastal dining and entertainment lifestyle center in the city of Costa Mesa, Calif., anchored by an impressive collection of restaurants led by Yard House, TIME, Orange County’s premier nightclub, a flagship 24 Hour Fitness location, Tavern & Bowl, and the nine-screen Triangle Cinemas.
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CBRE’s Philip D. Voorhees, Preston Fetrow, Kirk Brummer and NRP-West Team Complete Sale of...

CBRE Executive Vice President Philip D. Voorhees and Senior Vice Presidents, Preston Fetrow and Kirk Brummer announced today that they, in conjunction with the National Retail Partners – West (NRP-West) team, completed the sale of Riverlakes Village, a 92,212-square-foot grocery-anchored shopping center in the city of Bakersfield, Calif.
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CBRE National Retail Partners West Completes $33.25 Million Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million
SilverLakeCollection

CBRE’s Philip D. Voorhees and NRP-West Team Complete Silver Lake Collection Sale for $13.30...

CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif. Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million. More...
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CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Southgate Plaza in Sacramento,...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.
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CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Taco Bell and Shops...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.
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CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of High Quality Retail Center...

CBRE Executive Vice President Philip D. Voorhees and Jimmy Slusher announced today that the National Retail Investment Group – West (NRIG-West) team completed the sale of The Terrace, a two-level, 39,634-square-foot shopping center with structured parking in the city of Newbury Park, Calif. Leased to a complementary mix of 12 restaurant, retail and athletic-focused uses, tenants at The Terrace include: Orangetheory Fitness, Hot Yoga 1000, Road Runner Sports, Bottle and Pint, and others.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale.

CBRE’s Philip D. Voorhees and NRIG-West Team with CBRE’s Net Leased Property Group Team...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) and CBRE’s Net Leased Property Group teams are pleased to exclusively offer for sale, the Consolidated Tomoka Portfolio. This 100% leased offering consists of 14 single-tenant assets totaling 129,400 square feet.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete McCalla Centre Sale

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of McCalla Centre, a 110,620-square-foot neighborhood shopping center in the city of Santa Ana, Calif., anchored by a high-performing Northgate Market and CVS/pharmacy, along with a synergistic mix of retail and shop tenants. The sale price was $31,800,000, representing a 3.76% cap rate on high occupancy.

CBRE’s Philip D. Voorhees, Todd Goodman and NRIG-West Team along with Mike Moser of...

CBRE Executive Vice Presidents Philip D. Voorhees and Todd Goodman announced today their National Retail Investment Group – West (NRIG-West) team, together with Mike Moser of Retail Insite, completed the sale of Scripps Ranch Marketplace Phase II, a 28,700-square-foot shopping center in San Diego, Calif. The property is shadow anchored by a Vons and CVS/pharmacy (both were not part of the sale), along with Chase, Verizon, Which Wich and a synergistic line-up of local retail favorites. The sale price was $20.45 million, representing a 5.0% cap rate

CBRE SELLS 77,705-SF, MULTI-TENANT RETAIL CENTER IN PEMBROKE PINES

CBRE arranged the sale of Palm Square, a 77,705-square-foot, multi-tenant retail center located at 9801-9965 Pines Boulevard in Pembroke Pines, Florida. Bar Invest Group, Inc. purchased the property for $17,600,000. The seller was Pebb Enterprises, LLC, which hired CBRE to market the asset for sale and negotiate the transaction

Just Closed – Bend Memorial Clinic Medical Building

The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Bend Memorial Clinic Medical Building in Bend, Oregon. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Paul Carr, Steven Perovich, and Marcus Yamamoto in the Northwest market as the Seller’s exclusive advisor