CBRE ARRANGES $26.5 MILLION SALE OF SINGLE-TENANT PROPERTY OCCUPIED BY KAPLAN UNIVERSITY IN ORLANDO, FL

Orlando, FL – December 3, 2014 – (RealEstateRama) — CBRE arranged the sale of a 124,500-square-foot single-tenant office property leased to Kaplan University at at 12650 Ingenuity Drive, Orlando, FL. US-based City Office REIT, Inc. (NYSE: CIO),acquired the two-story building at Central Florida Research Park from RT Ingenuity, LLC for $26.5 million. CBRE represented the seller