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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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Robert W. McGrath
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CBRE National Retail Partners West Completes 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. More...
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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.
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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.

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.

U.S. Commercial Real Estate Continues Recovery in Fourth Quarter of 2012, According to CBRE...

Los Angeles, CA - January 10, 2012 - (RealEstateRama) -- Despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in the fourth quarter of 2012 (Q4 2012), according to the latest analysis from CBRE Group, In

SELECTQUOTE EXPANDS & RENEWS FOR LONG-TERM LEASE AT 701 SAN MARCO

Jacksonville, FL - February 22, 2012 - (RealEstateRama) -- CBRE announced today the expansion and renewal of term life insurance broker, SelectQuote, at 701 San Marco Boulevard for 15,231 square feet. CBRE negotiated the transaction on behalf of the landlord

CBRE Negotiates $2.33 Billion Sale Leaseback on Behalf of the State of California

LOS ANGELES, CA - October 12, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) announced that it has negotiated a $2.33 billion sale leaseback on behalf of the State of California’s Department of General Services for a portfolio that includes 11 state office buildings located in Los Angeles, Oakland Sacramento, San Francisco and Santa Rosa. The transaction is expected to close in the fourth quarter of 2010.

CB RICHARD ELLIS GROUP, INC. NAMES MITCH HARRIS TO LEAD CRITICAL ENVIRONMENTS AND TECHNOLOGY...

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that Mitch Harris has been appointed Director of Critical Environments within the company’s Global Facilities Management Group and head of the Technology Practice Group in the Americas.

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C.A.R. Business Products and WikiRealty Announce Partnership to Provide Neighborhood and...

Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), through its C.A.R. Business Products division, and WikiRealty announced they have formed a marketing agreement to promote WikiRealty’s online community that connects homebuyers with lifestyle neighborhood information such as nearby shopping, cultural, health, and outdoor spots.

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CONGRESSIONAL PROGRESSIVE CAUCUS AND ALLIES UNVEIL PRINCIPLES FOR INFRASTRUCTURE AND BOLD...

Congressional Progressive Caucus Co-Chairs Rep. Raúl M. Grijalva (D-AZ) and Rep. Mark Pocan (D-WI), Rep. Keith Ellison (D-MN), Rep. Ted Lieu (D-CA), Rep. Barbara Lee (D-CA), Rep. Pramila Jayapal (D-WA), Rep. Jared Huffman (D-CA), Rep. Ro Khanna (D-CA), Rep. Jared Polis (D-CO), Rep. Wm. Lacy Clay (D-MO), Rep. Rick Nolan (D-MN), and Rep. Carol Shea-Porter (D-NH) made the following statements today after they unveiled a House Resolution outlining 10 principles that should be included in any infrastructure plan considered by Congress.