CBRE SELLS SINGLE-TENANT NET-LEASED RETAIL PROPERTY

Fort Lauderdale, FL – October 2, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of a freestanding single-tenant building occupied by Starbucks. The property is located at 5220 Little Road in New Port Richey, unincorporated Pasco County, Florida, within the Tampa/St. Petersburg MSA. The buyer, Roddimeyer III, LLC, purchased the property for $2,065,000 from Little Road Café, LLC, who hired CBRE to market the asset for sale and negotiate the transaction


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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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