CBRE ORLANDO SELLS 60-BULK CONDO COMMUNITY TO CHINA INVESTOR

Orlando – February 28, 2013 – (RealEstateRama) — February 28, 2013 – CBRE is pleased to announce the sale of Palisades Condominiums located at 14200 Avalon Road in Winter Garden, Florida. The 60-unit community sold for $4.8 million. Shelton Granade, Luke Wickham, and Justin Basquill of CBRE’s Orlando office exclusively represented the seller in the transaction. The buyer was a private equity firm from Beijing, China


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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.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627

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