CBRE ARRANGES $130 MILLION SALE AND $84.5 MILLION FINANCING FOR OFFICE PORTFOLIO IN DEERWOOD PARK SUBMARKET OF JACKSONVILLE

    CBRE ARRANGES $130 MILLION SALE AND $84.5 MILLION FINANCING FOR OFFICE PORTFOLIO IN DEERWOOD PARK SUBMARKET OF JACKSONVILLE

    Jacksonville, FL – March 18, 2013 – (RealEstateRama) — CBRE announced today that it has closed the $130 million sale of an eight-building, 1,018,218 square foot portfolio in Jacksonville, Florida.

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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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