CB RICHARD ELLIS BROKERS SALE OF EDGEWOOD RETAIL DISTRICT

Atlanta, GA – September 1, 2011 – (RealEstateRama) — CB Richard Ellis (CBRE), the world’s leading commercial real estate services provider, is pleased to have arranged the sale of Edgewood Retail District, a regional shopping center located at the intersection of Moreland Avenue and Caroline Street, in Atlanta, Georgia. The property was acquired by an affiliate of Toronto/Florida based North American Development Group (NADG) for $81,650,000.


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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627

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