Tag Archive for: cbre

CBRE Tapped To Lease, Manage One Boca Place

/in /by

Invesco has named CBRE as the new leasing and property management team for One Boca Place, a 277,390-square-foot, Class A office complex located at the intersection of Glades Road and Executive Center Drive, at 2255 Glades Road in Boca Raton.

CBRE Senior Vice President Michael Wilson and will be joined by Vice President Deborah Fink to manage the leasing assignment for One Boca Place.

With the property management assignment, CBRE will welcome four new professionals from the on-site management team—Real Estate Manager Millie Munoz, Assistant Real Estate Manager Patricia Lehmbeck, Real Estate Services Administrator Debora Herman, and Chief Operating Engineer Dominick Gallo will come under the leadership of Director Lisa Jesmer, Associate Director Brandi Tyler and Senior Chief Engineer Mark Lawson. Project Manager Hollis Lillard will lead project management.

The property was previously represented by Grubb & Ellis.

Russ Bornstein Joins CBRE

/in /by

Effective March 6, 2012, Russell Bornstein will join CBRE as Senior Vice President, Retail Brokerage.  He will be based out of CBRE’s Boca Raton office, located at 5355 Town Center Road.

Mr. Bornstein served as Senior Vice President with Grubb & Ellis Company since 1999, and is the last one to leave of the original Commercial Florida group that G&E acquired in 1999.  The original group was comprised of George Sacks and Peter Reed, of Commercial Florida Realty, Mike Wilson, who recently joined CBRE, Tom Hotz of Butters Realty and Management, Ken Silberling of Danburg Management, and Russ Bornstein.

Russ entered the field of real estate in 1985 as Zepka Goldberg’s managing and leasing agent for the NCNB Bank Building in Fort Lauderdale, Florida. As Zepka Goldberg expanded in the South Florida marketplace, Russ became the regional managing and leasing agent for several South Florida office and retail properties. He proceeded to represent various tenants seeking locations throughout South Florida. His expertise in this specialty quickly won him the reputation as one of South Florida’s top commercial real estate professionals.

Russ’s new contact information is:

Russell Bornstein
Senior Vice President, Retail Brokerage
CBRE
5355 Town Center Road, Suite 701
Boca Raton, Florida  33486
Russell.bornstein@cbre.com

Office:  561.393.1638
Cell:      561.251.2636

Starr & Stagman Relocate 10,000 SF Tenant

/in /by

Edgemed Healthcare Solutions, Inc., a technology company specializing in medical billing, has leased 10,148 SF of office space within Boca Corporate Center & Campus, 4800 T Rex Avenue, Boca Raton.

The lease represents a relocation of the 15-year-old company’s corporate headquarters from 1650 South Powerline Road in Deerfield Beach.  Approximately 40 staff members are involved in the move.

According to Adam Starr, Vice President, Commercial Brokerage, Brenner Real Estate, who represented the tenant along with Jason T. Stagman of Stagman Commercial Real Estate Advisors, [Edgemed] chose the new site for its convenient location near I-95 and the availability of space to fit their needs. The landlord, BRE/Boca Corporate Center, LLC, was represented by Jeffrey Kelly of CBRE.

Three New Tenants Ink Deals At Esperanté

/in /by

Competition to attract tenants is fierce among landlords after a few years of declining occupancy and lease rates. With stronger market confidence, new companies are beginning to enter the market or re-approaching expansion needs. In the Downtown West Palm Beach submarket, Esperanté Corporate Center is ahead of competing towers, having signed all three of the active space requirements for Class A space in downtown.

In the past 45 days, Esperanté signed AMEC, Tremont Partners and Lang Realty, accounting for more than 6,000 square feet of new leases—all of which counts toward positive absorption in the Downtown West Palm Beach submarket.

Lang Realty was the most recent of the three to sign. The deal closed yesterday for 2,233 square feet. Lang has a second location in downtown that they will continue to occupy.

Esperanté Corporate Center is a 256,000-square-foot Class A office tower located at 222 Lakeview Avenue. Owned by CBRE Global Investors, the LEED Gold certified building features WiFi-enabled common areas, a 24/7 lobby attendant, valet parking and a six-story atrium. The property is also part of CBRE Global Investors’ ‘5-Star Worldwide’ program designed to offer tenants at select Class A office buildings worldwide access to the amenities of member buildings, including concierge services, conference centers and fitness centers.

“As an owner, CBRE Global Investors offers unmatched amenity capabilities and financial stability,” said Anthony Librizzi, Vice President with CBRE in West Palm Beach. “New tenants are very excited to become members of the premium tenant program and enjoy the rich amenities of this trophy asset.”

Librizzi and CBRE Senior Vice President Jeff Kelly lead landlord representation and leasing services as part of the CBRE leasing and management team at Esperante Corporate Center. CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc.

More Brokers Opt For Greener Pastures

/in /by

Seems to be the season for the changing of the guards.

Last week, we reported that Owen Sagar and Michael Wilson both set up shop with CBRE.

Since then, we learned that Maggie Kurtz and Diana Parker have also abandoned their ship at Cushman & Wakefield to set sail with CBRE.

Maggie and Diana each have over 20 years experience in South Florida. They have gained notoriety for their extensive experience in marketing Class A office developments as well as providing tenant representation to many Fortune 500 companies. Both Kurtz and Parker join CBRE as Senior Vice Presidents.

Their extensive experience is underscored by their alignment with the development and leasing of high caliber office parks. Clients have included Equitable Life Insurance Company, Tishman Speyer Properties, ING Clarion, USAA Realty, Deka Immobilien GmbH, The Graham Companies and Testa Inmuebles to name a few.

A sampling of the team’s tenant representation clients includes Elizabeth Arden (corporate headquarters relocation), Starbucks Corporation, Cordis Corporation, Hewlett-Packard Company, Johnson & Johnson (Latin America headquarters) and General Electric.

We also discovered that Richard Schuchts and Jones Lang LaSalle parted ways in December and Richard has set up his own shop, SQFT Capital Advisors, where he will continue to service both owners and tenants.

Joe Byrnes rounds out our musical chairs report.  Joe recently joined the ranks at Berger Commercial.  Joe has 25 years of experience in many facets of the commercial real estate business, spending the last 13+ years with ComReal Ft. Lauderdale.

Sagar And Wilson Find New Home

/in /by

Owen Sagar and Michael Wilson have both parted ways with Grubb & Ellis, and have set up shop with CBRE, effective this past Monday, January 23rd.

Owen, held the position of Senior Vice President with Grubb & Ellis Company since 2004. Mike also was a Senior Vice President, based in the Boca Raton office.

Both Owen and Mike will work together as a team in their new roles and have, reportedly, taken their listings with them.