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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

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 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

CBRE ARRANGES $63M+ LOAN FOR ACQUISITION OF OFFICE BUILDING AT HEART OF NATION’S...

CBRE Capital Markets’ Debt & Structured Finance team originated $63.56 million in financing for the acquisition of a 195,624-square-foot office building at 2025 M Street in the heart of Washington, D.C. RAIT Financial Trust of Philadelphia, Pennsylvania, provided the 10-year loan at an aggressive rate with three years interest only

CBRE ARRANGES $71M+ BRIDGE LOAN FOR BOCA OFFICE PORTFOLIOCBRE ARRANGES $71M+ BRIDGE LOAN FOR...

CBRE Capital Markets’ Debt & Structured Finance originated $71.57 million in financing for an office property portfolio encompassing 330,438 square feet at two of the most recognizable buildings in Boca Raton, Florida. The Boca Glades Portfolio includes two Class A institutional-quality office buildings: The Plaza, located at 5355 Town Center Road, and One Town Center, located at 1 Town Center Road.

CBRE ARRANGES $2.5M SALE OF 10+ INFILL ACRES IN LAUDERHILL

CBRE arranged the sale of a 10.35-acre development opportunity at the northwest corner of Sunrise Blvd. and US 441/SR 7 in Lauderhill, Florida, across from the newly developed Lauderhill Performing Arts Center & Library and the Central Broward Regional Park. The Amera 441 parcel was acquired for $2.5 million from Eagle FL I SPE, LLC by Cricket Club Lauderhill, LLC, whose principals are Alan Benenson and Michael Sher. The purchaser has plans to redevelop the infill asset into a 160-unit townhome community

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 $3.35 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’s Philip D. Voorhees and NRIG-West Team Complete Orange County Strip Center Sale

GARDEN GROVE, CALIF. - July 23, 2014 - (RealEstateRama) -- CBRE Senior Vice President Philip D. Voorhees announced today that he, Brad Rable and their National Retail Investment Group – West (NRIG-West) team completed the sale of Garden Grove Festival Square, a 35,515-square-foot strip center in the City of Garden Grove, Calif., leased to a synergistic mix of regional and local tenants including Popular Community Bank, Woori American Bank and United Dental Group. The sale price was $11.9 million, representing a 5.59% cap rate.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Maywood Convenience Strip Center Sale

MAYWOOD, CALIF. - July 21, 2014 – (RealEstateRama) — CBRE Senior Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and the National Retail Investment Group – West (NRIG-West) team, along with CBRE’s Managing Director, Richard Rizika, completed the sale of Maywood Village Square, a 48,324-square-foot convenience strip center. The property, located at 4401-4487 Slauson Avenue in the city of Maywood, Calif., is anchored by O’Reilly Auto Parts, Subway, US Bank, Yoshinoya, Western Dental Services and a new Fitness 19 health club, which will occupy nearly 9,000 square feet of the property. The sale price was $11.53 million. The property was approximately 94% occupied at the time of sale.

NEW HIRE IN ORLANDO BOLSTERS CBRE’S OFFICE LEASING

Orlando, FL - June 4, 2013 - (RealEstateRama) -- Jay Dixon has joined the CBRE Orlando office as an Office Building Sales Professional. Dixon will be part of CBRE’s market-leading Office Agency practice and will work in concert with John Gilbert, San...

DOWNTOWN ORLANDO OFFICE BUILDING ATTRACTS EXPANDING HOSPITALITY SERVICES COMPANY

Orlando, FL - June 3, 2013 - (RealEstateRama) -- CBRE recently negotiated a lease for TravelClick, a provider of products and services to the hospitality industry, for its growing central Florida office. TravelClick will occupy the entire third floor, ...

CBRE ADVISES REAL ESTATE DEVELOPER ON THE REFINANCING OF A RETAIL PROPERTY PORTFOLIO FOR...

Tampa, FL - April 11, 2013 - (RealEstateRama) -- CBRE announced the successful refinancing of an $81,000,000 portfolio comprised of 9 retail properties located in central Florida. CBRE's Capital Markets Debt & Equity Finance group secured the fundi...

CBRE ARRANGES $5,700,000 APARTMENT BUILDING SALE IN SUNNY ISLES BEACH

North Miami Beach, FL - April 9, 2013 - (RealEstateRama) -- CBRE arranged the sale of the 17-unit Bella Apartments in Sunny Isles Beach, FL. The property located at 225 179th Drive was acquired by a private foreign investor for $5.7 million, $335,294 p...

CBRE ANNOUNCES THE SALE OF SAND LAKE PLAZA IN ORLANDO, FLORIDA FOR $4.7 MILLION

Orlando, FL - April 9, 2013 - (RealEstateRama) -- The CBRE Orlando Private Capital Group arranged the sale of Sand Lake Plaza for $4,700,000 to Boca Raton-based Harvest Holdings for the seller, an affiliate of Ram Realty Services and Square Mile, who a...

CBRE ANNOUNCES THE SALE OF SAND LAKE PLAZA IN ORLANDO, FLORIDA FOR $4.2 MILLION

Orlando, FL - April 8, 2013 - (RealEstateRama) -- The CBRE Orlando Private Capital Group arranged the sale of Sand Lake Plaza for $4,700,000 to Boca Raton-based Harvest Holdings for the seller, an affiliate of Ram Realty Services and Square Mile, who a...

CBRE SELLS RETAIL PROPERTY FOR DEVELOPMENT OF A CHASE BANK

Pembroke Pines, FL - April 5, 2013 - (RealEstateRama) -- CBRE arranged the sale of a single tenant retail property leased to Chase Bank. The buyer, 150 NW 180th Street, LLC, purchased the property from Pembroke Pines Place, LLC, a Florida-based private...

CBRE SELLS RIVERWALK II IN HOMESTEAD, FL FOR $6,200,000

Homestead Beach, FL - March 28, 2013 - (RealEstateRama) -- The CBRE Multi-Housing Private Capital Group arranged the sale of Riverwalk II located at 301 SE 6th Avenue in Homestead, FL. Riverfront Capital, LLC, a local private capital group, sold the pr...

THE ARBORS CAMPUS IN DELRAY BEACH ADDS 64,000 SF OF TENANCY IN THE PAST...

Delray Beach, FL - March 28, 2013 - (RealEstateRama) -- CBRE has completed a major 39,788 square foot lease for a Professional Services firm at an office building within The Arbors Campus in Delray Beach, FL. The transaction placed the firm at 1615 Con...

THE NATIONAL LAW JOURNAL RANKS CBRE GROUP, INC. NO. 1 TENANT REPRESENTATION BROKERAGE FIRM

Washington DC - March 27, 2013 - (RealEstateRama) -- The National Law Journal, a leading publication serving the legal profession, has ranked CBRE Group, Inc. the number one commercial real estate services firm nationally for representing law firm tena...

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.