FOUNTAINS AT CAMINO SOLD FOR $16 MILLION

FOUNTAINS AT CAMINO SOLD FOR $16 MILLION

Boca Raton, FL – March 12, 2012 – (RealEstateRama) — CBRE represented Capmark Bank for the sale of Fountains at Camino, a mixed use, Class B office and retail property, recently acquired by the bank via foreclosure. The seven-building property was purchased for $16 million by Boca Medical Plaza, LLC.

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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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