DIXIE HIGHWAY OFFICE BUILDING SELLS TO MEDICAL PRACTICE

    DIXIE HIGHWAY OFFICE BUILDING SELLS TO MEDICAL PRACTICE

    Boca Raton, FL – July 31, 2013 – (RealEstateRama) — CBRE arranged the sale of an 11,000-square-foot medical office building at 1450 South Dixie Highway in Boca Raton, Florida. Dr. Alan. J. Bauman, a nationally recognized hair restoration surgeon, acquired the property for $1.625 million from 1450 Dixie LLC for the purpose of establishing a medical campus and surgical center for his practice, Bauman Medical Group, currently located at Wharfside Boca Pointe. CBRE represented the seller.

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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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