WAVERLY SHOPPING CENTER TRADES FOR $1.6 MILLION

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Pompano Beach, FL – September 21, 2011 – (RealEstateRama) — In an all-cash transaction, JR Enterprises LLC sold Waverly Shopping Center for $1.6 million to Waverly Pompano Center LLC. The 20,521-square-foot retail center is located at 437 East Atlantic Boulevard in Pompano Beach. CBRE brokers, David Donnellan and Todd Weintraub negotiated the transaction on behalf of the seller. Gene Snyder Company represented the buyer

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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.

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