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CBRE ARRANGES $95M IN FINANCING FOR ACQUISITION OF 1.6 MILLION-SQUARE-FOOT OFFICE PORTFOLIO

CBRE Capital Markets’ Debt & Structured Finance team originated $95 million in financing for the acquisition of a portfolio of five single-tenant office properties, totaling 1.6 million square feet, located in Georgia, North Carolina, South Carolina and Virginia.

CBRE ARRANGES $3.122M SALE OF LONGWOOD SHOPPING CENTER

CBRE arranged the sale of a 61,200-square-foot retail center located at 851 East State Road 434 in Longwood, FL. Time Square Plaza, anchored by national chains such as Sherwin-Williams and O’Reilly Auto Parts, was acquired from Beverly Hills, Calif.-based Latitude Management Real Estate Investors by an affiliate of Harvest Holdings for $3,122,500. CBRE represented the seller in the transaction

CBRE HOTELS CLOSES SALE OF 8TH HOTEL IN THE FLORIDA KEYS SINCE 2013

CBRE Hotels arranged the sale of the 80-room Key Colony Bay Resort, a property located on four acres in Marathon, Florida. Baywood Hotels acquired the asset from The Peebles Corporation. This represents the eighth Florida Keys hotel sale in two years to be arranged by the Miami-based CBRE Hotels team. CBRE Hotels’ Robert Taylor and Ron Danko represented the seller

CBRE ARRANGES $3.35 MILLION SALE OF FLEX AND INDUSTRIAL CENTER IN JACKSONVILLE, FL

CBRE arranged the sale of 5220 Shad Road, a flex and industrial portfolio consisting of three multi-bay warehouses totaling 80,755 square feet, located at the Magnolia Park in Jacksonville, FL. Dalfen America Corp., a private equity real estate firm based out of Montreal, Canada, acquired the portfolio from Magnolia Partners LTD for $3.35 million. CBRE represented the seller in the transaction.

CBRE BRINGS GRAND CAYMAN MARRIOTT BEACH RESORT TO MARKET

Miami, FL – January 26, 2015 – (RealEstateRama) — CBRE Hotels has been engaged to market the Grand Cayman Marriott Beach Resort, located on a 4.74-acre oceanfront site at 389 West Bay Road on Grand Cayman Island. The 295-room, five-story property offers 300 feet of beachfront on the island’s world-renowned Seven Mile Beach. CBRE Hotels’ Christian Charre, Paul Weimer and Natalie Castillo, along with BluePoint’s Fleur Vagniez, are marketing the property

CBRE BROKERS SALE OF LARGE DEVELOPMENT SITE IN MIAMI’S EDGEWATER NEIGHBORHOOD

Miami, FL – January 22, 2015 – (RealEstateRama) — CBRE arranged the sale of a vacant 7.35-acre development site in the Edgewater neighborhood of downtown Miami. A Florida-based private company acquired the site at the corner of NE 2nd Avenue and 17th Street from BDB Miami LLC for $64 million. This transaction is one of the largest non-waterfront land transactions to be completed in the Edgewater area. The site is zoned for mixed-use with rights to build up to 3 million square feet of residential, retail, hotel and office.

CBRE CAPITAL MARKETS ARRANGES $66.25 MILLION SALE OF LUXURY APARTMENT COMMUNITY IN LAKE MARY, FL

Orlando, FL – January 21, 2015 – (RealEstateRama) — CBRE Capital Markets arranged the sale of Sun Lake Apartment Homes, a 600-unit luxury apartment community in Lake Mary, Florida to Ecoventures Capital Fund, LLC for $66.25 million. Located at 420 Sun Lake Circle, the transaction is the second largest apartment complex sale in Greater Orlando in 2014

CBRE’S DIANA PARKER RECEIVES CREW MIAMI LEADERSHIP AWARD

Miami, FL – January 14, 2015 – (RealEstateRama) — CBRE Senior Vice President Diana Parker was recently honored by Commercial Real Estate Women (CREW) Miami, a chapter of the national organization focusing on the advancement of men and women in commercial real estate, with an “Outstanding Leader” Award

CBRE ARRANGES 20,000 SF LEASE IN DANIA BEACH’S LAKEVIEW CENTER

Dania Beach, FL – August 7, 2014 – (RealEstateRama) — CBRE arranged a lease at Lakeview Center, a Class A industrial park owned by an affiliate of Industrial Income Trust Inc. (IIT), in Dania Beach, FL. The relocation of the premium resort-wear brand Lagaci, Inc. brings the 210,350-square-foot property to 90% occupancy and further tightens the availability of Class A industrial space in Southeast Broward County. CBRE represented the landlord

CBRE ARRANGES SALE OF 25 MULTIFAMILY UNITS ON SOUTH BEACH

Miami Beach, FL – August 7, 2014 – (RealEstateRama) — CBRE arranged the portfolio sale of 25 apartment units on South Beach to James USA Capital, LLC, of Hallandale Beach, FL. The buyer purchased 13 units at 511-515 16th Street and 12 units at 1414 Euclid Avenue, two separately owned properties in Miami Beach, Florida, for a total of $3,550,000, or $142,000 per unit. CBRE represented the sellers in the transaction.

CBRE ARRANGES LEASE RENEWAL FOR PRIME DEFENSE CONTRACTOR

Tampa, FL – August 6, 2014 – (RealEstateRama) — CBRE arranged the retention of an aerospace and national security contractor as a major tenant at the Kennedy Center in Tampa. Under the agreement, L-3 Communications will continue to lease 23,122 square feet from Realty Equity Partner, Inc., at 5100 West Kennedy Blvd., while retaining prominent building signage rights in Tampa’s Westshore business district

CITY OF FORT LAUDERDALE HIRES CBRE AS REAL ESTATE ADVISOR

Fort Lauderdale, FL – August 4, 2014 – (RealEstateRama) — CBRE is officially the City of Fort Lauderdale’s new real estate advisor. On June 23, 2014, following a competitive procurement process, the City Commission approved a contract to hire CBRE as the City’s real estate services and transaction provider for one year with three possible one-year extensions commencing July 2014. The firm’s mandate is to reduce the City’s operating real estate expenses, align real estate operations with the services provided to citizens, monetize underutilized real estate assets and dispose of surplus assets.

CBRE TAPPED TO LEASE AND MANAGE NORTH HILLSBOROUGH OFFICE PARK

Tampa, FL – October 3, 2013 – (RealEstateRama) — CBRE has been selected by TerraCap Management of Bonita Springs, Florida as the exclusive leasing agent and property manager for Lakeside Technology Center, a portfolio of five Class B office buildings …

CBRE SELECTED TO LEASE AND MANAGE WESTSHORE OFFICE PROPERTY

Tampa, FL – October 3, 2013 – (RealEstateRama) — CBRE has been selected by Invesco as the exclusive leasing agent and property manager for Rocky Point Centre, a 181,014-square-foot office property located at 3020 North Rocky Point Drive in Tampa’s W…

VERO BEACH RETAIL CENTER SELLS FOR $2.45 MILLION

Vero Beach, FL – October 2, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of Shoppes at Vero Mall, a 13,000-square-foot retail strip center located at 6480 20th Street, Vero Beach, Florida. Greeley Retail Partners, LLC of …

CBRE SELLS SINGLE-TENANT NET-LEASED RETAIL PROPERTY

Fort Lauderdale, FL – October 2, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of a freestanding single-tenant building occupied by Starbucks. The property is located at 5220 Little Road in New Port Richey, unincorporated …

CBRE HIRES DIRECTOR OF RESEARCH FOR STATE OF FLORIDA

Miami, FL – October 1, 2013 – (RealEstateRama) — CBRE is pleased to announce that Quinn Eddins has joined CBRE as Director, Research and Analysis, for Florida. Eddins will be based in Miami where he will lead the state’s research team and spearhead …

SANPER INDUSTRIAL PARK IN MIAMI TRADES FOR $9.25 MILLION

Miami, FL – October 1, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of 39 small-bay warehouse condominium units comprising 162,515 square feet at SanPer Industrial Park, a 46-unit industrial park located 4709-4797 NW 72nd…

OFFICE VACANCY CONTINUED DECLINE IN MAJOR MARKETS IN Q3 2013

Los Angeles – September 26, 2013 – (RealEstateRama) — Office vacancy rates continued to decline in most major U.S. markets during Q3 2013, based on preliminary data from CBRE Group, Inc. Eight of the 13 largest markets showed lower office vacancy, led…

CBRE SELLS 43-UNIT FULLY RENOVATED APARTMENT BUILDING IN MIAMI

Miami, FL – September 24, 2013 – (RealEstateRama) — The CBRE Multi-Housing Private Capital Group (PCG) arranged the sale of The Boutique, a fully renovated, 43-unit property located at 8000 N.E. Bayshore Court in Miami, FL. The two-story, multi-family…

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Latest CBRE Press Releases

Temecula_BelVillaggioIII_2

CBRE’s Kirk Brummer, Sean Heitzler and NRP-West Team Complete Sale of...

CBRE’s Kirk Brummer announced today the National Retail Partners-West (NRP-West) has completed the sale of Bel Villaggio I-II & Bel Villaggio III in Temecula, California, adjacent retail