CBRE CAPITAL MARKETS ARRANGES $20.6 MILLION LOAN FOR ACQUISITION OF 2200 WEST LOOP SOUTH

Houston, TX – February 22, 2012 – (RealEstateRama) — CBRE Capital Markets in Miami partnered with Dallas to arrange $20.6 million in acquisition financing for 2200 West Loop South in Houston, Texas. CBRE Vice Chairman Charles Foschini in Miami was joined by Senior Vice President Greg Greene in representing the borrower, Parmenter Realty Partners. The loan closed less than 30 days from the date of application, beginning January 5th and closing January 31st. Terms of the loan are confidential.