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CBRE ARRANGES SALE OF VERO BEACH RETAIL CENTERCBRE Facilitates ***

CBRE ARRANGES SALE OF VERO BEACH RETAIL CENTERCBRE Facilitates ***

Vero Beach, FL – March 2, 2012 – (RealEstateRama) — CBRE arranged the sale of Vero Beach Corners, a strategically located retail center, exceptionally well positioned in the Indian River Mall submarket for long-term growth and success. Situated at the “main and main” intersection of State Road 60 and Kings Highway, the center was acquired for $1.35 million from ORIX Capital Markets, based in Dallas, by Vero Beach Corners Retail Center, LLC.

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CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627