CBRE BROKERS $30-PLUS MILLION SALE OF THE CONDOMINIUM OWNERSHIP INTEREST IN CVS PHARMACY AT SKY LAS VEGAS

 In Press Releases

Las Vegas – Charles Moore and Marlene Fujita Winkel, CBRE Las Vegas, announce today the sale of the condominium ownership interest in the CVS Pharmacy on the ground floor of Sky Las Vegas, 2700 S. Las Vegas Boulevard, the luxury condominium tower located at the north end of the Las Vegas Strip in the heart of a flurry of new development activity. Moore and Winkel brokered the $30-plus million deal involving the 14,378-square-foot CVS Pharmacy which is operating under a long-term lease. CBRE represented the seller, Sky Las Vegas Condominiums, Inc., while Matt Bear with Avison Young, represented the buyer, Capital Square Acquisitions, LLC.

CBRE is the world’s largest full service commercial real estate services and investment firm with 90 employees in Las Vegas.

About CBRE Group, Inc./Las Vegas:
CBRE 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 and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE 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. In Las Vegas, CBRE is led by managing director Michael Newman, who oversees 90 employees. The office is located at 3993 Howard Hughes Parkway, Suite 700, Las Vegas, NV 89169-6760. For information, call 702-369-4800 or visit http://www.cbre.us/o/lasvegas/Pages/home.aspx. Website: www.cbre.com and search Las Vegas.

Media Contact:
Melissa Warren
702.528.6016; melissa@ffwpr.com

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