CBRE COMPLETES $12.1 MILLION SALE OF THREE SHOPPING CENTERS IN CENTRAL FLORIDA

Orlando, FL – June 13, 2013 – (RealEstateRama) — CBRE closed a complex transaction on behalf of Century Retail affiliates involving the sale of three retail properties to Baltimore-based America’s Realty for $12.1 million. The seller, three separate entities related to Lakeland-based Century Retail, hired CBRE to market the shopping center portfolio of Avon Square, Palm Center, and Wabash Shopping Center, all in Central Florida.

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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.

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Robert W. McGrath
Senior Director, Corporate Communications

+1 212 9846515
+1 800 7996523 FREE

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