WALK AT HIGHWOODS PRESERVE II SELLS TO B & L INVESTMENTS

Tampa, FL – April 3, 2012 – (RealEstateRama) — CBRE arranged the sale of Walk at Highwoods Preserve II, a 28,452-square-foot retail center in Tampa, Florida, to B & L Investments, a Tampa-based private investment group. The seller, a joint venture whose majority partner is an affiliate of TIAA-CREF, was represented exclusively by Senior Vice President Mark Shellabarger of CBRE’s Private Capital Group in Tampa, Florida.