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CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER

CBRE ARRANGES TWO LEASES AT NEWLY RENOVATED MIAMI LAKES BUSINESS CENTER

Miami, FL – August 24, 2011 – (RealEstateRama) — CBRE arranged two leases totaling more than 58,000 square feet at the newly renovated Miami Lakes Business Center located at 5875 NW 163rd Street in Miami. Building owner Keystone Property Group, based in Bala Cynwyd, Pennsylvania, invested more than $5 million in a complete renovation of the property that included new high impact windows, a back-up generator with the capacity to power the entire building for tenant operations, new chillers and other building systems as well as the exterior areas including the parking lot and landscaping.