WYNDHAM GARDEN INN MIAMI BEACH SELLS FOR $25.5 MILLION

    WYNDHAM GARDEN INN MIAMI BEACH SELLS FOR $25.5 MILLION

    Miami, FL – April 15, 2013 – (RealEstateRama) — The Wyndham Garden Inn in Miami Beach was sold by Majestic Organization, LLC to The Witkoff Group for $25.5 million. The property is located at 1050 Washington Avenue in Miami Beach, FL. The sale closed on December 20, 2012.

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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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