CBRE ARRANGES $250 MILLION ACQUISITION FINANCING FOR H&R REIT

CBRE ARRANGES $250 MILLION ACQUISITION FINANCING FOR H&R REIT

Long Island City, NY – November 7, 2011 – (RealEstateRama) — The CBRE Capital Markets team in Tampa arranged the acquisition financing on Two Gotham Center, a 670,000-square-foot, state-of-the-art, LEED Certified 22-story office building, on behalf of the borrower, H&R REIT. Financing terms of the $250 million loan include a 10-year term and a 4.25% interest rate.

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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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