CBRE ORLANDO SELLS 60-BULK CONDO COMMUNITY TO CHINA INVESTOR

    CBRE ORLANDO SELLS 60-BULK CONDO COMMUNITY TO CHINA INVESTOR

    Orlando – February 28, 2013 – (RealEstateRama) — February 28, 2013 – CBRE is pleased to announce the sale of Palisades Condominiums located at 14200 Avalon Road in Winter Garden, Florida. The 60-unit community sold for $4.8 million. Shelton Granade, Luke Wickham, and Justin Basquill of CBRE’s Orlando office exclusively represented the seller in the transaction. The buyer was a private equity firm from Beijing, China

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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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