Tag Archive for: sabadell financial center

The Green Cos. Purchases Sabadell Financial Center

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The Green Cos. has purchased Sabadell Financial Center, a five-story, 102,007-square-foot office building located at 150 S. Pine Island Road in Plantation.

Clarion Partners LLC sold the Class A office building to Green Cos. for $19.3 million.

The property was 96 percent leased at the time of sale to tenants such as Sabadell United Bank, Quest Workspaces and Ferencik Libanoff Brandt Bustamante & Goldstein PA.

Hermen Rodriguez, Ike Ojala and Tracey Goo of HFF represented Clarion Partners in the transaction. James Bernstein, Elizabeth Green and George Brown led The Green Cos. internally.

Paul Stasaitis and Maxx Carney of HFF arranged the 10-year, fixed-rate, $12.5 million acquisition loan through Aegon USA Realty Advisors LLC.

 

Source:  REBusiness

CBRE Recognized With Four TOBY® Awards

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CBRE received four The Outstanding Building of the Year® (TOBY®) Awards by the 2014 Building Owners and Managers Association (BOMA) of Fort Lauderdale and the Palm Beaches.

The TOBY Awards are the most prestigious and comprehensive programs in the commercial real estate industry, recognizing outstanding performance and rewarding excellence in building management.

“This is an important honor as it recognizes CBRE’s commitment to excellence and our Asset Services team’s professionalism and outstanding client service delivery capabilities,” said Patty Nooney, Senior Managing Director, CBRE Investor Services.

The awards recognize four office properties that CBRE manages on behalf of its clients and were presented in the following categories:

  • Renovated Building: Sabadell Financial Center, Plantation (Client – Clarion Partners)
  • Suburban Office Park (Low Rise): International Plaza, Boca Raton (Client – Clarion Partners)
  • 100,000 – 249,999 SF Building: The Plaza, Boca Raton (Client – MetLife)
  • 250,000 – 499,999 SF Building: Coastal Tower, Fort Lauderdale (Client – CBRE Global Investors)