CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER

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Miami, FL – August 24, 2011 – (RealEstateRama) — CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.

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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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