CBRE ARRANGES LEASE RENEWAL FOR PRIME DEFENSE CONTRACTOR

CBRE ARRANGES LEASE RENEWAL FOR PRIME DEFENSE CONTRACTOR

L-3 will continue to occupy 23,122 square feet at Tampa’s Kennedy Center offices

Tampa, FL – August 6, 2014 – (RealEstateRama) — CBRE arranged the retention of an aerospace and national security contractor as a major tenant at the Kennedy Center in Tampa. Under the agreement, L-3 Communications will continue to lease 23,122 square feet from Realty Equity Partner, Inc., at 5100 West Kennedy Blvd., while retaining prominent building signage rights in Tampa’s Westshore business district.

“This renewal not only affirms a long-term commitment to Westshore by a prime aerospace and security provider, but also demonstrates the continued vitality of this thriving business district,” said Vice President Philip J. Weber of CBRE Asset Services and Office Services.

With 97,930 square feet and 97 percent occupancy, the Kennedy Center building provides amenities that include on-site professional management, a full-time day porter and building engineer, an on-site deli, and covered parking. Within walking distance of Westshore Mall, offices at the Kennedy Center offer easy access to major thoroughfares and a location within ten minutes of downtown Tampa, Tampa International Airport and St. Petersburg’s Gateway business and residential community.

The L-3 Communications Systems business segment delivers products and services for the global communications market, specializing in strategic and tactical airborne, space, ground and sea-based communication systems.

CBRE’s Jack Hoskins represented L-3 Communications in the transaction and Phil Weber represented Realty Equity Partner, Inc., 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 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 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 website at www.cbre.com.

Contact:
Elizabeth Cross
Marketing Director, FL
305.428.6373


Melinda Sherwood
Communications and Media Manager
305.381.6453

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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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