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CB RICHARD ELLIS CLOSES ON TWO OFFICE LEASES AT LAKES ON POST OAK

CB RICHARD ELLIS CLOSES ON TWO OFFICE LEASES AT LAKES ON POST OAK

Houston, TX – September 22, 2010 – (RealEstateRama) — CB Richard Ellis has closed on two office leases at Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston’s Galleria/Uptown area. Both leases combined total 12,631 sq. ft. and include a 6,662 sq. ft. new lease to Dahill and a 5,969 sq. ft. new lease for the Houston offices of Neptune Holdings. The 17-story Class A tower is situated on 28-acres with a four-acre lake and is part of a 3-building complex.

Leasing agent Cody Armbrister of CB Richard Ellis represented the building’s landlord, DRA CRT Post Oak LP, in both transactions. Beau Kaleel of Cushman & Wakefield represented Dahill while Charles Fertitta of Colliers International represented Neptune.

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.

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