Dunne named top producing investment broker at CBRE for 2007

According to CB Richard Ellis, Jeffrey Dunne was the firm's top-producing investment properties broker worldwide during 2007. Dunne and his team, CB Richard Ellis' New York Tri-State Region Institutional Group, were responsible for $4.2 billion worth of transactions last year. Dunne, vice chairman, arranged office, multifamily, retail and industrial property transactions in 2007, highlighted by the 1.5 million s/f office portfolio sale of Fifth St. Towers in Minneapolis, Minn. and the RiverPark Office Complex in Norwalk, Conn. which were bought by a European investor for $294 million as part of 1031 exchange. The CB Richard Ellis New York Tri-State Region Institutional Group specializes in the sale and recapitalizations of investment properties in the suburban markets surrounding New York City as well as select regional markets throughout the country. The Group services a prestigious client base of institutions, corporations, private investors, developers and REITS and has closed $7.9 billion in property transactions over the last three years. Based on its ability to strategically advise clients through complex real estate and capital market cycles, CBRE has consistently achieved the highest sales prices in each of the region's submarkets. CBRE also provide clients with a comprehensive array of financial instruments and strategies. 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 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate 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. In 2007, CB Richard Ellis was named one of the 50 "best in class" companies by BusinessWeek, and one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.