Ft. Lauderdale, FL – May 17, 2013 – (RealEstateRama) — CBRE congratulates Tom O’Loughlin, Senior Associate, as a recipient of this year’s “40 Under 40” award from the South Florida Business Journal.

The South Florida Business Journal presents the “40 Under 40” award to the best and brightest young professionals under 40 who have made waves both in the business and the community in South Florida. O’Loughlin and the other recipients of the award will be honored at an awards ceremony on August 1st at the Hyatt Pier 66 located in Fort Lauderdale. more »

DRIPPING SPRINGS, TX – May 16, 2013 – (RealEstateRama) — Michael B. Rubin with NAI Capital’s Westlake Village office represented the Buyer, Verdugo South, LLC, in the purchase of a 13,903 sq. ft./ two-acre retail center Shops at the Springs located at 333 Hwy 290 East in Dripping Springs, Texas from CVC DS, LP, the Seller. The value of the sales transaction was approximately $3.9 million. more »

LONG BEACH, CA – May 10, 2013 – (RealEstateRama) — Doug Wubbena Senior Vice President with NAI Capital’s Orange County office and Randy Matusoff CCIM, SIOR, and Vice President with NAI Capital’s South Bay office represented the Landlord in the lease of a 12,029 SF office property located at 1600 Forbes Way in Long Beach to the Tenant, Special Olympics of Southern California. Wubbena and Matusoff collaborated with Bill Townsend of Inco Commercial Real Estate to introduce SOSC to the new Long Beach location. Wubbena and Matusoff were the listing brokers, and Bill Townsend was the procuring broker in this transaction. more »

INDIAN WELLS, CA – May 9, 2013 – (RealEstateRama) — Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently attended the SIOR Spring World Conference in Indian Wells, CA at the Hyatt Regency Indian Wells Resort & Spa. The Society of Industrial and Office Realtors is the leading professional commercial and industrial real estate association and is a professional affiliate of the National Association of Realtors (NAR). More than 3,000 members have the prestigious SIOR designation, which is the symbol of the highest level of knowledge, production, and ethics in the real estate industry. more »

CBRE’s Private Capital Group Completes 8h Bank-related Transaction in Recent Months

Fort Lauderdale, FL – May 8, 2013 – (RealEstateRama) — arranged the sale of a single tenant retail property leased to PNC Bank. The buyer, FL Property, LLC, purchased the property for $4,610,990 from PSR Corner Holdings, LLC, a Florida-based private developer who hired CBRE to market the asset for sale and negotiate the transaction. more »

Ft. Lauderdale, FL – May 7, 2013 – (RealEstateRama) — Vice Chairman, Robert Given was honored for his talent, tenacity and teamwork in commercial real estate with the CBRE Teamwork Award on April 29th, 2013. more »

HAGERSTOWN, MD – May 6, 2013 – (RealEstateRama) — Sperry Van Ness – Miller Commercial Real Estate is pleased to announce that the Hagerstown, MD office has closed the sale of a Western Maryland landmark, the former Allegheny Energy Corporate Headquarters 144,000 SF office building and 44 acre campus located off I-70W. more »

Orlando, FL – May 6, 2013 – (RealEstateRama) — CBRE announced today that Bobby Palta was awarded the 2013 Krista Haverly Spirit Award for outstanding dedication and service in fostering innovation and collaboration throughout the company with an unwavering passion for the retail business. Palta has played a significant role in driving several key initiatives on the global Retail Advisory Council and broader Retail group at CBRE. The award will be presented to Palta at a reception on Sunday, May 19th prior to the start of the International Council of Shopping Centers RECon convention in Las Vegas. Only one CBRE individual receives this rare honor each year. more »

GARDEN GROVE, CA – May 3, 2013 – (RealEstateRama) — Tom Nguyen with NAI Capital’s Orange County office represented the Buyer, N. D. Dinh Tran Trust, in the purchase of the Saigon Plaza, a 33,074 sq. ft. retail center on 2.41 acres of land located at 10320 Westminister Avenue in Garden Grove, CA from the Seller, Westgrove Plaza. The value of the sales transaction was $8.5 million. more »

CHATSWORTH, CA – May 3, 2013 – (RealEstateRama) — Timothy P. Foutz with NAI Capital’s Encino office represented the Seller, LEC Properties, LLC, and the Buyer, Nordhoff SSA, LLC in the sale and purchase of a 24,150 sq. ft. industrial property located at 20433-20439 Nordhoff Street in Chatsworth, CA. The value of the sales transaction was slightly over $3 million. more »