CBRE ARRANGES SALE OF LAKESIDE VILLAGE SHOPPING CENTER AND ADJOINING OUTPARCELS IN WINDERMERE

    CBRE ARRANGES SALE OF LAKESIDE VILLAGE SHOPPING CENTER AND ADJOINING OUTPARCELS IN WINDERMERE

    Orlando, FL – June 13, 2013 – (RealEstateRama) — In separate transactions, CBRE has closed on the sale of Lakeside Village Center, a Publix-anchored shopping center in Windermere, Florida, plus the separate sales of adjoining McDonald’s and 7-Eleven outparcels. CBRE’s National Retail Investment Group and Net Leased Property Group represented the seller, a joint venture between Orlando-based Boyd Development Corporation and Ram Realty Partners II LP. Lakeside Village Center was acquired by an institutional investor and private investors acquired the outparcels, all in separate transactions for undisclosed prices

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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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