WEST PALM BEACH, FL-CB Richard Ellis Capital Markets has been busy closing deals before the New Year. The group arranged the $36 million 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 Eaton Vance Management.

On the office deal, CBRE represented Procacci Development Corporation, a commercial real estate developer headquartered in Boca Raton. Christian Lee, vice chairman of CBRE’s Miami office, along with CBRE South Florida professionals Charles Foschini and Christopher Apone, handled the transaction. KBS Capital Advisors, is a private equity real estate company. Lee did not return calls seeking comment on the deal.   Built in 2007, Emerald View at Vista Center is located in the master planned business park. The 500-acre development, fronting Florida’s Turnpike and Okeechobee Boulevard, represents one of the county’s largest business parks. Major tenants include Oasis, State Farm and Wells Fargo.

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