DISTRESSED LAUDERHILL OFFICE PROPERTY CHANGES HANDS

    DISTRESSED LAUDERHILL OFFICE PROPERTY CHANGES HANDS

    Miami, FL – June 20, 2013 – (RealEstateRama) – The CBRE Private Capital Group (PCG) arranged the sale of Executive University Courts, a 102,120-square-foot Class B office complex at 4300 North University Drive in Lauderhill, Florida, for $5.3 million. CBRE represented both the seller, 4300 Lauderhill LLC, which had purchased the property in April 2013, as well as the buyer, KAS Partners LLC. CBRE was also selected by the new landlord to lease the property.

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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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