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BAYCARE HEALTH SYSTEM EXPANDS TO 60,749 SF AT COLONIAL CENTER BAYSIDE II

Clearwater, FL – July 13, 2011 – (RealEstateRama) — The Tampa Bay area health care network, BayCare Health System expanded their occupancy at Colonial Center Bayside II by 13,556 square feet, for a total lease of 60,749 square feet.

BayCare is a long-time tenant at Colonial Bayside II. Built in 1997 and renovated in 2007, the property is located at 17755-17757 US Highway 19 North, south of Belleair Road in Clearwater. BayCare will take occupancy of their expanded space in August of this year.

CB Richard Ellis sales professional, Clay Wommack negotiated the lease on behalf of the owner, DRA Advisors/Colonial Properties Trust.

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 2010 revenue). The Company has approximately 31,000 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:

Elizabeth Cross
305.428.6373
elizabeth.cross (at) cbre (dot) com

Lauren Crawford
813.273.8482
lauren.crawford (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