CBRE ARRANGES LEASE AT CORPORATE CENTER AT THE GARDENS

May 7, 2013

Palm Beach Gardens, FL – May 7, 2013 – (RealEstateRama) — CBRE arranged a lease of 7,000 square feet at a 96,000 square-foot Class A office building at Corporate Center at the Gardens in Palm Beach Gardens, Florida. The office space at 4200 Northcorp Parkway, owned by an affiliate of Lexington Realty Trust, a New York City-based real estate investment trust, will serve as a new world headquarters for eXfuze.

“Institutionally owned and operated since its inception, Corporate Center at the Gardens recently completed common area renovations and building systems modernization that make it a choice destination for the area’s premier office tenants. In relocating from Golden Bear Plaza, eXfuze also was drawn by the building’s ideal location and the strength of its ownership,” said CBRE Vice President, Anthony Librizzi.

Built in 1996 and formerly the private headquarters of a security firm, Corporate Center at the Gardens recently completed a $2.5 million capital improvement campaign. Within easy reach of I-95, PGA Boulevard, and the Florida Turnpike, the property is also near the world-class shopping, dining, and banking options of The Gardens Mall, Downtown at the Gardens, and Legacy Place. A Marriott Hotel and Hampton Inn are also within easy walking distance.

CBRE’s Joshua Nolan collaborated with Librizzi in representing the landlord.

About CBRE Group, Inc.
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 and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 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. Please visit our Web site at www.cbre.com.

Contact:

Elizabeth Cross
Marketing Director, FL
305.428.6373