FLORIDA COMMERCIAL REAL ESTATE MARKET ON TRACK FOR RECOVERY

FLORIDA COMMERCIAL REAL ESTATE MARKET ON TRACK FOR RECOVERY

Miami, FL – February 10, 2012 – (RealEstateRama) — The industry’s leading commercial real estate professionals believe it is safe to say that as we head into 2012, the worst of the economic turmoil is behind us and Florida’s commercial markets are positioned well to move toward true recovery throughout this year and the years ahead, according to the 2011–2012 Florida Market Perspective, a comprehensive assessment and outlook on commercial real estate throughout the state, released by CBRE.

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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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