CB Richard Ellis Sells 46+ Acres Within International Corporate Park

ORLANDO, FL-- CB Richard Ellis, the world's leading commercial real estate services provider, is pleased to announce the sale of a 46+ acre tract of land within International Corporate Park (ICP), located in East Orlando and in close proximity to the new 'Medical City' featuring the Burnham Institute, (bottom right photo) UCF Medical School, (bottom left photo) VA Hospital & Nemours Children's Hospital.

International Corporate Park encompasses over 2,900 acres of fully permitted sites and 20 million square feet approved for a mixture of uses including manufacturing, light industrial, biotech, and office. David Murphy, CCIM, SIOR, MIA (top right photo) Senior Vice President and Erik W. Schwetje, CCIM (top left photo) Vice President, represented the Seller, ICP Land Partners, LLC.


About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices).

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 http://www.cbre.com/.

Contact:

David Murphy, CCIM, SIOR, MIA
407.404.5020
david.murphy@cbre.com

Jessica Wilhoite
407.839.3158
jessica.wilhoite@cbre.com

Erik Schwetje, CCIM
407.404.5011
erik.schwetje@cbre.com