CORAL GABLES MULTI-HOUSING PROPERTY PURCHASED FOR $4.5 MILLION FOR FUTURE DEVELOPMENT POTENTIAL

Coral Gables, FL – March 30, 2012 – (RealEstateRama) — CBRE arranged the sale of a 34-unit multi-housing property located at 501–525 Valencia Avenue. The Coral Gables property was purchased by Miami-based TM Real Estate Group for $4.5 million. CBRE …


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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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