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CB RICHARD ELLIS ASSISTS IN TWO LEASE TRANSACTIONS AT 3050 POST OAK BOULEVARD

CB RICHARD ELLIS ASSISTS IN TWO LEASE TRANSACTIONS AT 3050 POST OAK BOULEVARD

Houston, TX – August 24, 2010 – (RealEstateRama) — Houston-based Argus Software, Inc. has renewed a 13,635 square foot office lease at The Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston’s Galleria/Uptown area. In addition, Sudhoff Properties of Houston, Inc. has signed a new lease of 4,216 square feet at the same building.

Cody Armbrister of CB Richard Ellis represented the landlord, DRA CRT Post LP, in both lease transactions. Chad Beck and Don Foster of Jones Lang LaSalle represented Argus while Charles Fertitta of Colliers International represented Sudhoff.

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2009 revenue).  The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com .

Contact:
Robin Black | Media Relations Manager
CB Richard Ellis | Marketing Services
2800 Post Oak Blvd., Suite 2300 | Houston,Texas 77056
T 713 577 1742 | F 713 577 1677 | C 713 828 2661
robin.black (at) cbre (dot) com | www.cbre.com

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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