POWER BROKERS: Dale Peterson


  • By
  • | 11:00 a.m. May 20, 2016
  • | 2 Free Articles Remaining!
  • Strategies
  • Share

The CBRE Inc. senior vice president went on a tear in 2015, selling seven major assets totaling nearly 3 million square feet for a collective $457.2 million.

Peterson, a commercial real estate veteran of more than 25 years and a member of the brokerage firm's Tampa investment properties group, also logged the region's largest single-asset sale of the year and the largest office transaction in Florida since 2012 — a $193.5 million deal involving the 42-story Bank of America Plaza on behalf of owner MetLife Real Estate Investments.

The former Trammell Crow Co. executive also was involved in the sales of the iconic Rivergate Tower in downtown Tampa; the Highland Oaks office park; and the 681,770-square-foot Harney Road Distribution Center, in Tampa.

“We're in a good spot in the cycle,” Peterson told the Business Observer last month, noting that property trades are happening for below replacement costs, in an environment of low interest rates and rising rents.

Peterson's firm was also recognized as a top leasing and sales brokerage, and colleague John Selby was listed as a Power Broker for top sales, along with Peterson. Selby and partner Sean Williams sold a dozen multifamily properties with roughly 4,000 units last year for more than $322 million.

 

Latest News

Sponsored Content