FINANCING ARRANGED FOR EXECUTIVE AIRPORT BUSINESS CENTER IN FORT LAUDERDALE, FLORIDA

    FINANCING ARRANGED FOR EXECUTIVE AIRPORT BUSINESS CENTER IN FORT LAUDERDALE, FLORIDA

    Ft. Lauderdale, FL – March 25, 2013 – (RealEstateRama) — CBRE arranged a 10-year $3,180,000 loan, with payments amortized over 30 years, for Executive Airport Business Center, a 73,149 square foot, three-building office complex located in Fort Lauderdale, Florida. CBRE secured financing for the Coral Gables-based KAS Partners, who purchased the property in 2011.

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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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