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CB RICHARD ELLIS NAMES PATRICIA A. NOONEY SENIOR MANAGING DIRECTOR-INSTITUTIONAL SERVICES FOR FLORIDA

CB RICHARD ELLIS NAMES PATRICIA A. NOONEY SENIOR MANAGING DIRECTOR-INSTITUTIONAL SERVICES FOR FLORIDA

Miami, FL – October 12, 2010 – (RealEstateRama) — CB Richard Ellis (CBRE) today announced that Patricia A. Nooney has been named Senior Managing Director-Institutional Services for Florida, a new position. In this role, Ms. Nooney will oversee the delivery of Brokerage, Project Management, Asset Services and other services to CBRE’s property owner clients, including its 37 million sq.-ft. portfolio throughout the state. She will also coordinate with CBRE’s Capital Markets professionals in delivering debt and equity solutions to these clients.

Ms. Nooney currently serves as Managing Director and Market Leader for CBRE in Las Vegas. She will relocate to South Florida by year end. CBRE expects to name a successor for Ms. Nooney in Las Vegas in the near future.

Ms. Nooney has extensive experience in delivering services to institutional clients. Prior to being named CBRE’s Las Vegas market leader in 2008, she served as Market Leader and Director of Brokerage and Asset Services for the company’s St. Louis operations. Earlier, she was chief operating officer for Houston-based American Spectrum Realty, an investment management firm, and a principal at Nooney Krombach Company, a real estate services company in St. Louis. She began her career as an auditor with Deloitte in Miami.

“Patty is the perfect person to lead our Asset Services operations in Florida,” said Grayson Gill, Senior Managing Director, Central Region, CBRE Asset Services. “She has a proven track record in directing brokerage, investment sales and asset services businesses and in creating value for our clients. She is a strong leader and astute businessperson who possesses both technical expertise and business development abilities that will help us to continue growing in Florida. We are excited to have her in this leadership role.”

Ms. Nooney is LEED accredited from the U.S. Green Building Council and holds Certified Property Manager, Certified Investment Member and Society of Industrial and Office Realtors designations. She is a graduate of the University of Miami.

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 website at www.cbre.com.

Contact:
Robert McGrath
(212) 984-8267
Robert.mcgrath (at) cbre (dot) 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