CBRE Global Investors purchased the Mellon Bank Center, a 701,535-square-foot office building at 400 S. Hope St. in downtown Los Angeles, from an investment entity listed as 400 S. Hope Street Associates. The price was not disclosed. Tishman Speyer acquired the asset for $ 245 million

National Real Estate Investor

Brett White will retire as chief executive of CBRE Group, Inc. (NYSE:CBG) at the end of the year, capping a remarkable run in which he rose through the ranks from a sales trainee in 1984 to head the largest commercial real estate service company in the world. White, 52, will be succee

CBRE recruited Harold E. (Hal) Holliday, John T. Fenoglio, David M. Aaronson and James M. Richards Jr. as executive vice presidents. The brokers will serve in the mortgage brokerage’s debt and equity finance group in Houston. The team previously worked at Grandbridge Real Estate Capit

National Real Estate Investor

National Real Estate Investor

Fairway View Associates LTD and Palmetto Place Associates LTD secured a $ 36.6 million refinance loan for its Fairway View and Palmetto Place multifamily communities in Miami, Florida. The loan, from Principal Real Estate Investors LLC, boasts a favorable interest rate with 50% loan-t

National Real Estate Investor

CB Richard Ellis negotiates the sale of a prime retail building in Boston’s Downtown Crossing. National Real Estate Investor

CB Richard Ellis promoted Chris Dekker to vice president in its Miami office. Dekker will continue to provide strategic commercial real estate services to local and national companies, including lease acquisition and disposition, market and site analysis, financial analysis, transacti