Charoen Pokphand

CP Group Signs Olympus Insurance to 24,000-SF Corporate Headquarters Lease at Prominence Office Park in Jacksonville, Florida

Retrieved on: 
Wednesday, August 31, 2022

CP Group , the largest office landlord in Florida and a prominent owner-operator of office properties throughout the Sunbelt, today announced two new leasing agreements at Prominence Office Park its seven-building, 754,691-square-foot office development in Jacksonville, Fla. with total new absorption of nearly 50,000 square feet.

Key Points: 
  • CP Group , the largest office landlord in Florida and a prominent owner-operator of office properties throughout the Sunbelt, today announced two new leasing agreements at Prominence Office Park its seven-building, 754,691-square-foot office development in Jacksonville, Fla. with total new absorption of nearly 50,000 square feet.
  • Olympus Insurance, a leading homeowners insurance provider, is relocating its headquarters from Boca Raton to Prominence Office Park, where it will occupy a 24,000-square foot space at Building 600.
  • Michael Loftin and Jesse Shimp of JLL serve as the leasing agents for the development and brokered both agreements.
  • Our agreement with Olympus Insurance is a testament to Prominences appeal for companies seeking modern, highly accessible space for their corporate headquarters, said Josh Edwards, Senior Vice President at CP Group, who oversees the firms North and Central Florida portfolio.

Class A Office Tower Financial Center at the Gardens Executes 56,500 SF of Office Leases YTD in Palm Beach Gardens, Florida, Increasing Building Occupancy to Nearly 97%

Retrieved on: 
Wednesday, August 24, 2022

Financial Center at the Gardens, a 10-story Class A office building located at 3801 PGA Boulevard in Palm Beach Gardens, FL, was purchased by an institutional client of New York Life Real Estate Investors in 2019.

Key Points: 
  • Financial Center at the Gardens, a 10-story Class A office building located at 3801 PGA Boulevard in Palm Beach Gardens, FL, was purchased by an institutional client of New York Life Real Estate Investors in 2019.
  • Regus, a global network of modern and flexible office workspaces, renewed its lease at the building totaling 15,359 SF.
  • LPL Financial, considered the largest independent broker-dealer in the United States, signed a lease this week totaling 3,550 SF as its first Palm Beach Gardens office.
  • Financial Center at the Gardens represents both the largest and most well-situated office building in Palm Beach Gardens.

CP Group Rolls Out ‘worCPlaces’ Flexible Office Spaces Within Atlanta Portfolio

Retrieved on: 
Thursday, August 18, 2022

CP Group, the second-largest office landlord in Georgia, today announced the rollout of its flexible office program, worCPlaces, at Lakeside Office Park and One and Two Ravinia in Atlanta, Ga. CP Group has also hired Brendan McGee as the firms Director of worCPlaces to oversee the worCPlaces program, joining the firm from TechSpace Inc., an Industrious company.

Key Points: 
  • CP Group, the second-largest office landlord in Georgia, today announced the rollout of its flexible office program, worCPlaces, at Lakeside Office Park and One and Two Ravinia in Atlanta, Ga. CP Group has also hired Brendan McGee as the firms Director of worCPlaces to oversee the worCPlaces program, joining the firm from TechSpace Inc., an Industrious company.
  • ASD | Sky has joined to further support the Atlanta roll-out and deliver exceptional custom work environments throughout CP Groups regional portfolio.
  • The pace at which CP Group is repositioning and upgrading its Atlanta portfolio is in step with the demand the industry is seeing from corporate tenants.
  • There is great opportunity for flexible office right now, and I look forward to growing this offering with CP Group.

CP Group Signs Lease With Enterprise at Ashford Perimeter in Atlanta

Retrieved on: 
Monday, July 11, 2022

Kevin Driver and Billy Graddy from Stream Realty represented CP Group in lease negotiations, while John Flack of Savills and Bubba Chrismer of Cresa represented Enterprise.

Key Points: 
  • Kevin Driver and Billy Graddy from Stream Realty represented CP Group in lease negotiations, while John Flack of Savills and Bubba Chrismer of Cresa represented Enterprise.
  • We are thrilled that Enterprise decided to move their Atlanta office to the newly renovated Ashford Perimeter, said Scott Barr, Senior Vice President at CP Group.
  • Initially acquired by CP Group in 2013, Ashford Perimeter totals 300,000 square feet and offers companies incredible access at the intersection of Ashford Dunwoody Road and I-285.
  • CP Group anticipates that they will continue to see a spike in leasing activity in both Ashford Perimeter and their broader portfolio in Atlanta, which has significantly increased over the past year.

CP Group Acquires Iconic 47-Story ‘Miami Tower’ in Downtown Miami

Retrieved on: 
Friday, July 1, 2022

CP Group , the largest office landlord in Florida and a prominent owner-operator throughout the Southeast and Southwest, has acquired Miami Tower the 47-story, Class A office tower in the heart of Downtown Miami in a joint venture with DRA Advisors.

Key Points: 
  • CP Group , the largest office landlord in Florida and a prominent owner-operator throughout the Southeast and Southwest, has acquired Miami Tower the 47-story, Class A office tower in the heart of Downtown Miami in a joint venture with DRA Advisors.
  • The acquisition brings CP Groups Downtown Miami holdings to nearly 3 million square feet and over 4 million in the City of Miami, growing its hold as the largest office landlord in the city.
  • This trophy asset has been the centerpiece of the Miami Skyline for over 30 years, said Brett Reese, who oversees acquisitions and investments for CP Group.
  • Downtown Miami is primed for growth and Miami Tower has untapped potential which we intend to actuate with creative asset management and best-in-class customer service.

CP Group Hires Ryan Howard as Regional Director of Construction in Atlanta

Retrieved on: 
Monday, April 18, 2022

CP Group, the second-largest office landlord in Georgia, today announced that they have hired Ryan Howard as Regional Director of Construction.

Key Points: 
  • CP Group, the second-largest office landlord in Georgia, today announced that they have hired Ryan Howard as Regional Director of Construction.
  • In his new role, Howard will oversee CP Groups fast-growing portfolio of construction projects in the Atlanta market, including more than $100 million in planned renovations and other upgrades.
  • "I am excited to join CP Group at a time when its portfolio and investment in Atlanta are bigger than ever, Howard said.
  • Howard joins CP Group with nearly two decades of experience in commercial capital projects and facilities management.

CP Group and Related Fund Management Acquire 17-Story ‘Las Olas Square’ Mixed-use Complex in Downtown Fort Lauderdale

Retrieved on: 
Thursday, March 17, 2022

The 17-story, two building office/retail complex in the heart of downtown Fort Lauderdale is made up of two contiguous assets: 515 at Las Olas Square, a 17-story office tower, and 501 at Las Olas Square, a three-story mixed-use office and retail space.

Key Points: 
  • The 17-story, two building office/retail complex in the heart of downtown Fort Lauderdale is made up of two contiguous assets: 515 at Las Olas Square, a 17-story office tower, and 501 at Las Olas Square, a three-story mixed-use office and retail space.
  • Las Olas Square is a rare, generational asset located in the heart of Las Olas, Fort Lauderdales urban core and one of the fastest growing submarkets in South Florida, said Brett Reese, Senior Vice President at CP Group.
  • Las Olas Square is some of the best-located real estate in Broward County and we look forward to improving an already desirable building.
  • In addition to the propertys unparalleled location, Las Olas Square is a fully-modernized and amenity-rich office product.

CIM Group Provides $343.8 Million Loan for Acquisition of 55-Story Class A Office Tower in Atlanta

Retrieved on: 
Wednesday, March 9, 2022

Bank of America Plaza is the tallest building in Georgia and comprises 1,351,586 square feet of office space.

Key Points: 
  • Bank of America Plaza is the tallest building in Georgia and comprises 1,351,586 square feet of office space.
  • Loan proceeds will facilitate the acquisition and lease up of the property, including a capital improvement plan with renovations to the lobby, restrooms, elevators, and other property improvements.
  • CIM Group is an active lender that through its CIM Real Estate Debt Solutions business recently closed a $175 million loan secured by a 42-story office tower in Tampa.
  • CIM Group seeks to provide senior and subordinate transitional bridge loans for commercial real estate projects with strong sponsors.

Logistics Property Co. Celebrates International Women’s Day with the Appointment of Elena Daniel as Senior Vice President, Head of Environmental, Social and Governance (ESG)

Retrieved on: 
Wednesday, March 9, 2022

Logistics Property Company, LLC (LPC) announces the appointment of Elena Daniel as Senior Vice President and Head of Environmental, Social and Governance (ESG) in celebration of International Womens Day.

Key Points: 
  • Logistics Property Company, LLC (LPC) announces the appointment of Elena Daniel as Senior Vice President and Head of Environmental, Social and Governance (ESG) in celebration of International Womens Day.
  • Daniel is a significant addition to LPCs growing team of employees comprised of more than 40 percent females or those from diverse backgrounds.
  • She will continue to expand LPCs renewable energy solutions as well as work on identifying smart building technologies.
  • About Logistics Property Company, LLC (LPC) is an industrial real estate company focused on the acquisition, development, and management of modern logistics properties.

CP Group Acquires Iconic ‘Bank of America Plaza’ Skyscraper in the Heart of Atlanta, Georgia

Retrieved on: 
Wednesday, March 2, 2022

CP Group, a vertically-integrated commercial real estate and management firm, today announced the acquisition of Bank of America Plaza in the heart of Midtown Atlanta.

Key Points: 
  • CP Group, a vertically-integrated commercial real estate and management firm, today announced the acquisition of Bank of America Plaza in the heart of Midtown Atlanta.
  • (Photo: Business Wire)
    Bank of America Plaza is a nationally recognizable office tower comprising over 1.35 million square feet of premium space.
  • "We are proud to acquire one of Atlantas most recognizable landmarks in Bank of America Plaza," said Chris Eachus, Partner at CP Group.
  • Bank of America Plaza is in the heart of the Midtown submarket - a fast-rising tech, commerce, and cultural hub.