CBRE awarded exclusive leasing assignment

Exeter Property Group has broken ground on Arlington Commerce Center Building C, a state-of-the-art 821,502 square foot distribution facility in Arlington, Texas. CBRE has been awarded the leasing assignment on the speculative project, which will be delivered in January 2014.

"We feel the time is right. Ten deals over 400,000 square feet have been completed along the I-20 corridor in the past two years with little new supply. Users have gravitated to this corridor because of an easy connectivity to highways for regional distribution, proximity to the UP Intermodal Hub and strong labor pool," said Barney Sinclair, Principal and Investment Officer for the Southwest Region of Exeter Property Group. "Our Arlington location is especially unique because it is in the middle of an established 100 million square foot industrial base with the residential and retail amenities to attract a diverse labor force."

The building, located at 4900 Sherry Street, is ideal for distribution because of its access to Interstates 20, 30, 35, and 45, and State Highway 360. Building features include 36' clear height, 200 dock doors and potential for 175 trailer parking spots.

"We are very excited that the City of Arlington will have the benefit of this new industrial space. Over 800,000 square feet of quality development opportunity will allow us to be more competitive in the national and global marketplace, especially to larger industrial tenants looking to make Arlington their home," said Donald E. Jakeway, Arlington Deputy City Manager.

Dave Anderson with CBRE will represent the owner, Exeter Property Group, in leasing the building.

About CBRE Group, Inc.
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 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 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. Please visit our website at www.cbre.com.

About Exeter Property Group
Exeter Property Group is a national real estate investment company based in Plymouth Meeting, PA with regional offices across the Unites States, including Dallas, Texas. Exeter's national portfolio exceeds 50 million square feet, with over 4.5 million square feet located in the Dallas-Fort Worth industrial market.