CBRE ANNOUNCES THE SALE OF SAND LAKE PLAZA IN ORLANDO, FLORIDA FOR $4.7 MILLION

    Orlando, FL – April 9, 2013 – (RealEstateRama) — The CBRE Orlando Private Capital Group arranged the sale of Sand Lake Plaza for $4,700,000 to Boca Raton-based Harvest Holdings for the seller, an affiliate of Ram Realty Services and Square Mile, who acquired the property through a loan portfolio purchase in 2010. Located at 1431 West Sand Lake Road, the 25,116-square-foot retail center was 100 percent leased at the time of closing.

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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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