WEST PALM BEACH, FL-CB Richard Ellis Capital Markets has beenbusy closing deals before the New Year. The group arranged the $36million sale of Emerald View at Vista Center, a class A,two-building office development in West Palm Beach, and completed a$166.7 million multifamily housing portfolio refinance for EatonVance Management.

On the office deal, CBRE represented Procacci DevelopmentCorporation, a commercial real estate developer headquartered inBoca Raton. Christian Lee, vice chairman of CBRE's Miami office,along with CBRE South Florida professionals Charles Foschini andChristopher Apone, handled the transaction. KBS Capital Advisors,is a private equity real estate company. Lee did not return callsseeking comment on the deal.

Built in 2007, Emerald View at Vista Center is located in themaster planned business park. The 500-acre development, frontingFlorida's Turnpike and Okeechobee Boulevard, represents one of thecounty's largest business parks. Major tenants include Oasis, StateFarm and Wells Fargo.

CBRE also closed a multifamily portfolio refi for Eaton Vance.The portfolio consists of seven apartment communities and over2,100 units located in Riverside, CA, Phoenix, Houston, Atlanta,Pembroke Pines, FL, Altamonte Springs, FL and Boynton Beach,FL.

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