CBRE ADDS STRENGTH TO MULTI-HOUSING GROUP IN JACKSONVILLE

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Jacksonville, FL – July 18, 2011 – (RealEstateRama) — CB Richard Ellis (CBRE) is augmenting service capabilities in Jacksonville’s multifamily investment properties market. Brian Moulder is joining the CBRE Multi-Housing Group (MHG) as a Senior Vice President, partnering with Vice Chairman, Dan Allen, and Senior Associate, Dhaval Patel. Moulder has served the southeast multifamily markets since 2003, most recently with Southeast Apartment Partners in Atlanta, GA.

“With Brian joining us, we are amplifying our ability to provide dedicated attention to our clients,” said Jim Citrano, Managing Director with the CBRE Jacksonville office.

“The Jacksonville apartment market fundamentals have improved significantly in the last 8-12 months. The increase in sales volume clearly validates this trend,” said Allen. “Brian comes to us readily qualified to support the needs of the region’s growing capital markets.”

Jacksonville’s multi-housing group has brokered over 3.5 billion dollars in total transaction value since 2003. Moulder has been involved with the marketing of over 650 million dollars in total transaction value for multifamily assets and land for multifamily development.

Moulder moved from Atlanta to Jacksonville in 2005. He and his wife, Stephanie, reside in Ponte Vedra. Moulder is a graduate of the University of Tennessee, having earned his B.A. in marketing.

About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.

Contact:
Elizabeth Cross
305.428.6373

Lauren Crawford
813.273.8482

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CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

Contact:

Robert W. McGrath
Senior Director, Corporate Communications

+1 212 9846515
+1 800 7996523 FREE

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