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Four Industrial Properties Trade Hands in San Gabriel Valley Totaling Over 49,000 SF and...
SAN GABRIEL VALLEY, CA - November 25, 2014 - (RealEstateRama) -- Ryan Campbell with NAI Capital’s San Gabriel Valley East office sold and leased four properties in the San Gabriel Valley totaling over 49,000 sq. ft. and $4.8 Million dollars, all within a recent thirty day period. Rick Sheckter of Newmark Grubb Knight Frank’s City of Industry office co-brokered the three sales transactions.
CBRE ARRANGES $9 MILLION SALE OF MEDLEY INDUSTRIAL ASSET
Miami, FL - November 25, 2014 - (RealEstateRama) -- CBRE arranged the purchase of an 85,000-square-foot industrial building in Miami, FL, on behalf of Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The asset at 11205 NW 131st Street was acquired for $8.9 million from Canaan Trading Company, a premier food and food supplies distributor. The property was 100% occupied by three tenants at the time of sale. CBRE represented Terreno in the transaction
TWO COMPANIES SIGN LEASES AT THE ALHAMBRA IN CORAL GABLES
Miami, FL - November 24, 2014 - (RealEstateRama) -- Two new tenants have signed leases at The Alhambra, a 14-story, Class A office tower interconnected with the Hyatt Hotel and located in the heart of Coral Gables. Private trust and investment firm Fiduciary Trust International of the South, a division of Franklin Templeton Investments, has signed a lease for 12,500 square feet at 2 Alhambra Plaza. In an effort to accommodate its continued growth, the firm will relocate from its current location at 200 Biscayne Boulevard in Miami’s Central Business District in mid-2015. Pipeline Workspaces, a national high-design shared office space concept, has also signed a lease for 14,000 square feet at 95 Merrick Way, part of The Alhambra property. With the addition of these two tenants, occupancy at The Alhambra now stands at 85%, up from 52% only 18 months ago.
Commercial Real Estate Demand is Holding Steady Despite Overseas Concerns
WASHINGTON - November 24, 2014 - (RealEstateRama) -- Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtor
New international standard for commercial property
WASHINGTON, D.C. - November 24, 2014 - (RealEstateRama) -- A new single international measurement system for the commercial market has today been launched to bring transparency and consistency to the global commercial property sector.
CBRE WINS TWO TOBY® AWARDS AT BOMA TAMPA CEREMONY
Tampa, FL - November 24, 2014 - (RealEstateRama) -- CBRE is pleased to announce that it received two (TOBY®) The Outstanding Building of the Year® Awards at the 2014 Building Owners and Managers Association (BOMA) Greater Tampa Bay’s annual awards ceremony held in Tampa, FL on November 13th. One award was for a building CBRE manages; the second award was directed to an individual CBRE employee. The TOBY Awards are one of the most prestigious and comprehensive programs in the commercial real estate industry, recognizing outstanding performance and rewarding excellence in building management
CBRE/NE Multifamily Group Sells Windsor at Brentwood
BOSTON - November 17, 2014 - (RealEstateRama) -- CBRE/New England’s Capital Markets team announces the sale of Windsor at Brentwood, a 240-unit, garden-style apartment community located in North Providence, Rhode Island, for $25.8 million. CBRE/NE’s multifamily experts Simon Butler, Executive Vice President/Partner, and Biria St. John, Executive Vice President/ Partner, exclusively represented the seller, Bower Hill Associates, an affiliate of GID Investment Advisers LLC, and procured the buyer, Brentwood Apartments Limited Partnership, an affiliate of SMC Management LLC
NAI Capital’s Roger Niez to Represent the R. C. Hobbs Company in Land Acquisition...
ORANGE COUNTY, CA - November 14, 2014 - (RealEstateRama) -- R.C. Hobbs Company has selected Roger Niez to represent their Orange County Land Acquisition Program. This is a significant move for Niez because they will be purchasing new parcels of land throughout the county for development.
WEWORK SIGNS LARGEST OFFICE LEASE IN MIAMI BEACH YEAR TO DATE
Miami Beach, FL - November 11, 2014 - (RealEstateRama) -- CBRE, in collaboration with Nancy Cibrano of N Cibrano Realty, arranged a 40,000-square-foot lease for WeWork, the platform for creators, at 350 Lincoln Road in Miami Beach, FL. WeWork, which provides entrepreneurs, freelancers and small businesses with the space, community and services they need to grow their businesses, will occupy the majority of the space at the 50,000-square-foot, Art Deco-style office property in the heart of South Beach during the first quarter of 2015. CBRE and N. Cibrano Realty represented property owner The Wings Group in the transaction
CBRE ARRANGES SALE-LEASEBACK OF MIAMI INDUSTRIAL ASSET
Bulk distribution facility in Gratigny Industrial Park sold for $10.1 million
Miami, FL - November 10, 2014 - (RealEstateRama) -- CBRE arranged the sale...
Apartment Building in San Diego’s Golden Hill Area Sells for $2.6 Million/ 200k/unit
SAN DIEGO, CA - November 6, 2014 - (RealEstateRama) -- Kevin Kawaoka, CCIM & Mario Gandara with NAI Capital’s Bluechip Investment Group represented a private investor in the purchase of a 13 unit multifamily property located at 2329 C Street in the Golden Hill area of San Diego, CA. The value of the sales transaction was $2.6 million dollars. The property traded at a 4.6% cap rate and $224 per square foot.
CBRE ARRANGES $18.3M SALE OF ALTAMONTE SPRINGS APARTMENT COMMUNITY
Orlando, FL - November 5, 2014 - (RealEstateRama) -- CBRE arranged the sale of a 250-unit rental community in Altamonte Springs, FL, across from the multi-million dollar homes in the gated neighborhood of Spring Valley. Ashley at Spring Valley, located at 693 Wymore Road, was acquired from RW Ashley, LLC of New York and Strategic Properties of North America by Robbins Property Associates for $18.3 million.
CBRE SELLS SINGLE-TENANT PROPERTY OCCUPIED BY DORAL ALE HOUSE
Doral, FL - November 4, 2014 - (RealEstateRama) -- CBRE arranged the sale of a single-tenant retail property leased to Doral Ale House. The buyer, Biscayne Ale, LLC, purchased the property at 3271 NW 87th Avenue in Doral, Florida, for $5,870,000 from DAH Property, LLC, a Florida-based private investor. CBRE’s Todd Weintraub represented the seller and the buyer in the transaction.
NEW CBRE RESEARCH REPORT DEBUNKS GENERATIONAL MYTHS ABOUT WHAT EMPLOYEES WANT IN THE WORKPLACE
Los Angeles - November 3, 2014 - (RealEstateRama) -- Age is less of a factor than widely thought when it comes to workplace preferences in the U.S., according to a new workplace strategy report by CBRE Group, Inc., Designing the office of the future? Don’t plan it around (what you think you know about) U.S. millennials. The study, based on aggregated CBRE Workplace Strategy surveys from more than 5,500 office workers across numerous industries, found that while current assumptions about millennials are driving the design of many workplaces today, there is actually little difference in workplace preferences between millennials, Generation Xers and baby boomers.
CBRE ARRANGES $51M BRIDGE LOAN FOR PURCHASE OF DALLAS-AREA OFFICE PROPERTIES
MIami, FL and Irving, TX - November 3, 2014 - (RealEstateRama) -- CBRE Debt & Structured Finance originated a $51 million bridge loan on behalf of Brookwood Financial Partners to finance the acquisition of two office properties at 125 E. John Carpenter Freeway and 5100 N. O’Connor Blvd. in Irving, TX. Blackstone of New York provided the interest-only, two-year bridge loan, at a 73.5% loan-to-cost ratio
CBRE/New England Announces Four New Partners
BOSTON - October 28, 2014 - (RealEstateRama) -- CBRE/New England, a strategic joint venture between Whittier Partners Group, LLC, and CBRE, Inc., the world’s largest commercial real estate services company, is pleased to announce that the following individuals have been selected by the Partners of the firm to join the Partnership effective January 1, 2015: Adam Brinch, Peter Conlin, Nat Heald and Kyle Juszczyszyn
LUCKS APPOINTED TO NATIONAL ASSOCIATION OF REALTORS ADVISORY BOARD
SALISBURY, MD - October 28, 2014 - (RealEstateRama) -- Brent Miller, CCIM, CPM, Managing Director of Sperry Van Ness – Miller Commercial Real Estate is proud to announce that Bill Lucks, Managing Broker of the SVN-Miller Lewes office has been invited to serve on the National Association of Realtors (NAR) 2015 Commercial Legislation and Regulatory Advisory Board. “At this point in the commercial real estate business we must carefully examine the rules and regulations to ensure we have the tools necessary to move forward,” said Lucks.
CBRE ARRANGES $39M LOAN FOR PURCHASE OF TAMPA OFFICE COMMUNITY
Tampa, FL - October 21, 2014 - (RealEstateRama) -- CBRE Debt & Structured Finance originated a $39.5 million loan on behalf of IP Capital Partners of Boca Raton, FL and Fir Tree Partners of New York, to finance the acquisition of the Sabal Park Portfolio, a 518,338-square-foot complex of nine office buildings located in Tampa’s I-75 corridor. BankUnited of Tampa provided the five-year loan, which is fixed with partial interest only, at a 65 percent loan-to-value ratio.
CBRE CLOSES $4.7 MILLION SALE OF CORPORATE HEADQUARTERS
Miami, FL v CBRE arranged the sale of a 54,985-square-foot, three-story corporate headquarters in Miami’s Airport West submarket. Kingsway Amigo Insurance Company’s former South Florida headquarters at 3155 NW 77th Avenue was acquired for $4.7 million by local user. CBRE represented the seller in the transaction. Robert Eckstein from NAI Miami represented the buyer
CBRE Global Investors Fund Acquires 11-Building Miami Office Park
LOS ANGELES - October 16, 2014 - (RealEstateRama) -- A fund sponsored by CBRE Global Investors has acquired Airport Corporate Center, a 45-acre, 11-building office park adjacent to the Miami Airport. The property, which is 78.6 percent leased, includes over one million square feet of rentable space










