CBRE CLOSES SALE OF AUSTIN INDUSTRIAL PORTFOLIO

    CBRE CLOSES SALE OF AUSTIN INDUSTRIAL PORTFOLIO

    AUSTIN, TX – July 18, 2013 – (RealEstateRama) — CBRE’s Austin office announces the sale of Austin Industrial Park and Wall Street Business Park, on behalf of the seller, RLA Real Estate. Industry Capital Advisors, LLC purchased the combined 163,750-square-foot portfolio for an undisclosed price

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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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