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: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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