Tag Archive for: michael wilson

Seasoned Commercial Real Estate Duo Joins Colliers International South Florida

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With a continued focus on expanding across all disciplines and growing its South Florida capabilities, Colliers International South Florida announced the addition of commercial real estate brokers Russell Bornstein and Michael Wilson.

With nearly 60 years of combined industry experience, the team will specialize in retail and office brokerage, respectively, and bring additional value by collaborating to service clients with mixed requirements in South Florida.

“Russell and Michael have both earned a reputation for service excellence,” said Ken Krasnow, Executive Managing Director & Market Leader of Colliers International South Florida. “Bringing them on board highlights our commitment to wholistic real estate solutions. As the real estate markets in South Florida continue to develop and mature, we are continually seeing occupiers with mixed-use requirements and we are stepping up to provide market solutions and expertise as diverse as the clients and requirements we work with.”

As long-time exclusive representatives for Wells Fargo and its approximate 250 branches in Southeast Florida, Bornstein and Wilson have provided steady and strategic commercial real estate advisory to the financial services company through various mergers over their 20 year relationship, including their real estate needs after they acquired Wachovia in the largest financial institution merger on record. Additionally, they have represented clients such as Brandsmart, Regions Bank, and Chase.

Both industry veterans have been with CBRE since 2012.

Industry veteran Bornstein has been involved in the ground-floor launch of numerous national retail tenants such as Blockbuster Video, Einstein’s Bagels and Boston Chicken. His experience comes from brokering notable transactions such as the 44,000 sq. ft. Coral Gables headquarters and branch of the original BankUnited as well as the sale of Plantation Crossing Shopping Center to an entity affiliated with Beth Azor of Azor Advisory Services. Additionally, he is an active member of the International Council of Shopping Centers and a Board Member for the Wayne Barton Study Center in Boca Raton.

On the office side, Wilson has represented major players across Palm Beach, Broward and Miami-Dade Counties throughout his career. He provides brokerage services to owners, landlords and occupiers of office properties, and has represented clients such as TIAA, Ernst & Young, Invesco and Morgan Stanley, among others. He is an active member within the local chapter of NAIOP, the National Association of Industrial and Office Properties.

“I’m excited to again work with Ken Krasnow and the professionals at Colliers. I have had the opportunity to work with several of them over the course of my career and I look forward to collaborating with them again in our shared pursuit,” added Russell Bornstein.

Bornstein holds a Bachelors Degree in Business Administration from St. Bonaventure University and Wilson earned a Bachelor of Science in Finance from Pennsylvania State Unversity.

 

 

Crocker Picks Up Boca Office Complex

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One Boca Place, a 277,390 square foot Class A office complex in Boca Raton, changed hands in a $76.35 million transaction, according to a deed recorded Friday in Palm Beach County.

One Boca Place Inc. made a 70 percent premium on the sale after paying $44.73 million in 2001 for the property at 2255 W. Glades Road off Northwest Executive Center Drive. The seller secured about $32 million above what it paid to acquire the property.

A local investment group, CP Boca Place LLC, a Crocker Partners affiliate, purchased the office complex, including the 340,530-square-foot parking garage.

One Boca Place, also called Boca Raton Glades Road Center, is a premium office complex west of I-95.

Tenants range from federal clients, like the Florida Southern Probation Office, to financial services providers and law firms like Proskauer Rose.

Leasing for the property was represented by CBRE‘s Deborah Fink, Michael Wilson and Lisa Lawson.

It is now being represented by Jon Blunk, Mark Pateman, Danielle Vennett and Tara England of Cushman & Wakefield.

 

Source:  DBR

Fink, Sagar & Wilson Tapped To Lease North Lauderdale Office Campus

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CBRE has been selected by property owner NTS Realty Holdings as the exclusive leasing agent for Lakeshore Business Center, a four-building, 239,540-square-foot Class B office/flex campus located within the Fort Lauderdale Commerce Center in Fort Lauderdale.

The property is currently 73% occupied. Tenants include ECI Telecommunications, Embry Riddle Aeronautical University, Evolis, Inc., John Kirlin, Inc., and Reynolds, Smith & Hills.

According to CBRE Research, modest leasing momentum continues to push the office market in Broward County toward recovery mode; demand for office space has been consistently positive for multiple consecutive quarters.

“Lakeshore Business Center is well positioned to capitalize on the increased leasing activity we are seeing in Broward County,” said CBRE Vice President Deborah Fink. “In addition to being conveniently located on Commercial Boulevard, interior site renovations are completed and the property is primed to attract more image-conscious tenants.”

The buildings are located at 3201 & 3125 W. Commercial Boulevard and 5100 & 5200 N.W. 33rd Ave.

CBRE Vice President Owen Sagar, Vice President Deborah Fink and Senior Vice President Michael Wilson are the leasing agents.

 

 

CBRE Tapped To Lease, Manage One Boca Place

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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.

More Brokers Opt For Greener Pastures

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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

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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.