Industry Veteran Leaves CBRE

Rick Miller, SIOR, RPA, FMA, a member of both the Brokerage Services Division and Global Corporate Services (GCS) Division of CBRE, serving as an exclusive agent on behalf of tenants and landlords of corporate real estate in Miami-Dade, Broward and Palm Beach Counties in South Florida since 2002, has parted ways with CBRE effective December 16, 2013.

From 2007 to 2011, Rick served as a Managing Director for CBRE’s South Florida region. In this position, Rick was responsible for the overall operations of the Boca Raton, North Palm Beach and Fort Lauderdale offices focusing on profit and loss, corporate leadership, customer satisfaction and strategic planning. He managed more than 75 brokerage professionals specializing in all areas of the industry and provided executive oversight to CBRE Florida’s Corporate Services account practice including the Ryder System, FPL, and SFN Spherion accounts.

After 11 years at the company, Miller said, “Ultimately, my goal is to get back to basics in this industry. I’ve worked for two Fortune 500 companies now and it is important to me to be a part of a smaller and more nimble operation.  I am very driven by company culture and values. I have learned from experience that internal collaboration from top to bottom is critical to the success and health of any company.”

“Another aspect that I find important is providing best in class services to my clients regardless of their size.  Our region, by nature, consists in large part of mid-size companies and small businesses. I’ve worked with plenty of large clients and Fortune 500 companies over the years. I plan to leverage that expertise to also assist small and mid-cap companies and provide them with the same representation that they often don’t receive because they get overlooked by our industry. At the end of the day, I want my clients to engage my services as if they were hiring me to work as an employee in their organization. Brand name, platform and size are one piece of the puzzle but to me it all boils down to people and how we connect with them,” he added.

Rick has been dedicated to corporate real estate in South Florida since 1987. Prior to his career with CBREMiller served as an associate with Cresa Partners, LLC in Miami, Florida.

He is currently evaluating various options as he spends the holidays with his family.

 

Source:  CRE-sources

Pinnacle Corporate Park

AY’s Martin & Moore Awarded Pinnacle Corporate Park Leasing Assignment

Avison Young has been awarded the exclusive leasing assignment for Pinnacle Corporate Park, a 260,000 square foot two-building office campus located at 500 and 550 West Cypress Creek Road in Fort Lauderdale.

Currently 84 percent occupied, the Park is one of the most highly sought after office locations in the Cypress Creek submarket, and brings Avison Young’s total square footage of Florida leasing assignments retained over the past 12 months to more than 425,000 square feet.

Principal Greg Martin and Senior Associate Peyton Moore with Avison Young’s Fort Lauderdale office will oversee the leasing activities for Pinnacle Corporate Park on behalf of the new ownership investment group led by Miami-based Banyan Street Capital and New York-based DRA Advisors.

The acquisition, which took place in November, is the second notable office building sale to close in the area recently, representing an uptick in investor activity within the steadily recovering Cypress Creek submarket.

“The exclusive leasing assignment of Pinnacle Corporate Park is a direct result of our effective approach to marketing the unique attributes of properties to retain and attract tenants,” said Martin. “Working with ownership, we plan to maintain the current success of the Park by identifying potential tenants positioned for the long-term.”

“With Broward County’s increase in employment, declining vacancy rates, and office building construction at a stand-still due to the lack of available land, the search for quality office space is prevalent among growing companies,” added Martin. “Pinnacle Corporate Park’s premier location and value in the market will allow us to secure gold-standard tenants within the buildings.”

 

 

employment

CRE Firm Expanding In Dade, Broward And Palm Beach

CRE Rauch, Lupo, Robertson & Co. is seeking leasing and investment sales professionals for its growing commercial real estate expansion in Dade, Broward and Palm Beach counties.

Multiple positions are available within these and other Florida markets that offer a unique ground floor career opportunity to work closely with the firms Founder’s Tom Robertson and Michael Rauch to move their vision for the CRE Florida Partners brand forward.

Commission and benefits commensurate with experience. Florida Real Estate License and Commercial Real Estate experience a must! Only qualified candidates should apply.

Send resume to mail@crefloridapartners.com.

 

Tom Burst Joins Colliers South Florida’s West Palm Beach Office

Tom Burst has joined Colliers International South Florida as Senior Vice President in the West Palm Beach office.

With over 27 years’ experience in commercial real estate, he has the knowledge and insight to advise office clients on all aspects of commercial real estate from leasing to disposition, to repositioning properties to maximize their potential.

“Tom has been a recognized leader in the West Palm Beach region and we are thrilled to have him join our team,” says Stephen Nostrand, CEO of Colliers International South Florida. “His career-long dedication to being a trusted advisor to his clients mirrors our commitment to building our team with passionate professionals who know how to deliver success. This expansion in the Palm Beach County area will include several other experienced brokers joining our existing team members. We will begin 2014 with a specific goal of creating an expanded presence for Colliers International South Florida in Palm Beach, Martin and St. Lucie counties.”

Prior to joining Colliers, Burst owned Burst Commercial Real Estate Services, Inc., which he founded in 1996 and merged with KRES Commercial in 2012. Previously he had been a broker with GMH Associates, initially joining as director of marketing for the Florida region. Before that he was an associate with CB Commercial Real Estate Group (now CBRE) where he was that firm’s top producer in the West Palm Beach office market, as well as one of the top producers for CB Commercial in South Florida.

“The support and level of professionalism offered by Colliers is amazing,” said Burst. “This firm allows the brokers to concentrate all of our energy toward the client’s success.  Colliers has experts in every aspect of the commercial and corporate real estate market, but what is truly unique is the access we have to each of these experts and the structure to encourage each specialty to work together to meet the goals of our clients. That separates Colliers as the top real estate advisor in the market.”

A graduate of Florida State University, Burst volunteers with the Florida Wildlife Commission as a hunter education instructor, and has been active with the Boy Scouts of America as a teacher of ethics and leadership.

 

employment

Levy Realty Advisors Seeking Property Manager, Leasing Agent

Levy Realty Advisors is seeking a Property Manager and Leasing Agent for its growing commercial and industrial portfolio to oversee the management and leasing of 500,000 square feet of multi-tenant warehouse and 300,000 square feet of multi-tenant office space in Broward County.

The position offers a unique career opportunity to work closely with the Founder and President of a well-established 37 year old company.

Salary/commission and benefits. Florida Real Estate License and Commercial experience a must! Only qualified candidates need  apply.

Send resume to info@levyrealtyadvisors.com

 

 

Popular Las Olas Property Trades For $5.6M

Adam P. Von Romer, CCIM and Mario Abati, both of Fitzgerald Group, completed the sale of 904 East Las Olas Boulevard, Fort Lauderdale, for $5,600,000.00 to Tim Petrillo on behalf of an entity to be formed.

The property, sold by Boyle Las Olas, LLC, consists of well-known Mangos  Restaurant & Lounge, an adjacent real estate office, and a separate parking lot directly behind the main building and is subject to a long term lease.

The property also proved to be quite popular as it generated 11 written offers to purchase.