BNET Industries

Market Cap:$3.1B
Last Fiscal Year Sales:$6.0B
  • Public
  • US
Dow Jones Description

CB Richard Ellis Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world?s largest commercial real estate services firm (in terms of 2008 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. CB Richard Ellis is the only commercial real estate services company named one of the 50 ?best in class? companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune.

President & Chief Executive Officer
Brett White
Number of Employees 30,000
Contact Information

11150 Santa Monica Boulevard

Suite 1600

Los Angeles, California 90025

www.cbre.com

310-405-8900

NAICS Code Lessors of Other Real Estate Property: 531190

Recent Events

  • Lone Star Cuts Fees to Seed Funds

    11/10/09 - Bond / Stock Rating - View Story

  • CoStar's People of Note (Nov. 1-7)

    11/06/09 - Merger / Acquisition - View Story

  • Moving Beyond the Recession Nightmare

    11/06/09 - Buildings Purchased - View Story

  • Woods joins CBRE in Liverpool

    11/05/09 - Mgmt. Change Entering - Director - View Story

  • The Charlotte Observer, N.C., Kerry Hall Singe column: 440 South Church opens for business

    10/26/09 - Sites Leased - View Story

  • MOVES-UPDATE 3-CB Richard Ellis, Getzler, BTIG

    10/21/09 - Mgmt. Change Entering - Other - View Story

  • L.A.-based CB Richard Eillis Group posts a slim profit

    10/29/09 - Financial Announcement - View Story

  • CB Richard Ellis Expands Investment Banking Services To Americas - Update

    10/21/09 - Mgmt. Change Entering - Director - View Story

  • CB Richard Ellis Expands Investment Banking Services

    10/21/09 - Mgmt. Change Entering - Director - View Story

  • CB Richard Ellis adds Birmingham office

    10/16/09 - Mgmt. Change Entering - Other - View Story

  • New player in market for retail property

    10/07/09 - Joint Venture / Alliance - View Story

  • Bank of America Initiates Coverage on CB Richard Ellis Group CBG with a Neutral

    9/28/09 - Bond / Stock Rating - View Story

  • CoStar's People of Note (Sept. 27 - Oct. 3)

    10/02/09 - Mgmt. Change Entering - Other - View Story

  • CB Richard Ellis Renews Contract with Meridian Systems for Capital Project Management Software

    9/19/09 - Joint Venture / Alliance - View Story

  • William Blair Downgrades CB Richard Ellis CBG to Market Perform

    9/17/09 - Bond / Stock Rating - View Story

News & Analysis

cb richard ellis group inc. and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
Brett White President & Chief Executive Officer
Michael J. Strong Chief Executive Officer, EMEA
Robert Blain Chief Executive Officer, Asia Pacific
Vance G Maddocks Chief Executive Officer, CBRE Investors
Brian F. Stoffers President, Capital Markets
Calvin W. Frese Jr. President, Americas & Global Chief Operating Officer
Christopher Ludeman President, Americas Brokerage
Douglas Haney President, Valuation and Advisory Services
Jim Reid President, U.S. Eastern Division
Michael Lafitte President, Institutional & Corporate Services
Mitchell Rudin President
Steven A Swerdlow President, Western Division
William F. Concannon President, Global Corporate Services
Don Goldstein Chief Information Officer
Gil Borok Chief Financial Officer, Americas, Chief Accounting Officer & Executive Vice President
James Groch Chief Investment Officer
Laurence Midler Chief Compliance Officer
Raymond Torto PhD Global Chief Economist
Robert E. Sulentic Chief Financial Officer
William M. Harris Chief Operating Officer
James B Fijan Executive Vice President
John G. Nugent Executive Vice President
John Knott Executive Vice President
Patrick Marr Executive Vice President
Robert Stillman Executive Vice President
Sean Cunningham Executive Vice President
Andrew Masters Senior Vice President
Barney Earles Senior Vice President, Global Corporate Services Group
Brett Miller Senior Vice President
Daniel Reeder Senior Vice President
Doug Bakke Senior Vice President
Greg Vorwaller Senior Vice President
Kim Lord Senior Vice President, Asset Services
Leonard DiMicelli Senior Vice President
Marc Allocca Senior Vice President
Mark Bouchard Senior Vice President
Mark S. Hellwig Senior Vice President
Mark Teitelbaum Senior Vice President
Mr Keith Lambeth Senior Vice President, specializing
Richard Levine Senior Vice President
Sean M. Cahill Senior Vice President
Betsy Schuman Vice President
Brandon Megal Vice President
Charles Miscio First Vice President
Christian P. Rooney Vice President
Cole Clarkson Vice President
David Fults vice president
David Machlin First Vice President
Eric E. Belfrage Vice President
Frank Graybeal Vice President
Jennifer Pierson Vice President
Kevin Mulhern First Vice President
Michael Hoffman First Vice President
Narender Taneja Vice President
Paul A Derksen Vice President
Shane Harmon Vice President
Simon Wasserberger Vice President
Steve Sutherland Vice President, Investment Properties
Steven Bussto Vice President, Property Sales
Yasmine Uzmez Vice President
Dan Skodras managing director
Daniel Lesser Senior Managing Director
David Browning Managing Director
David Reed Managing Director
James P Citrano Managing Director
Jim Bowles Senior Managing Director
Joe Wallace Senior Managing Director
John S Palmer Managing Director, Poland
Ken Murawski Managing Director
Larry Thau Managing Director
Lew Horne Executive Managing Director
Marco Hekman Managing Director, The Netherlands
Michael L Gerard Managing Director
Nick Cassino Managing Director
Nigel J Wade Managing Director
Paul Waters Senior Managing Director
Pete K Bolton Senior Managing Director
Ramon Roux Managing Director
Robert W Walters Senior Managing Director
Ron Neyhart Senior Managing Director, Valuation & Advisory Services Group, SE Division
Skip Beebe Executive Managing Director
Stephen D DuPlantis Senior Managing Director
Whitney Peyton senior managing director
David Hardy Partner office
Jeffrey LiPuma Partner office
Jim Chynoweth Partner office
Kelly Truitt Partner office
Mark Alexander Partner office
Mary Winter Partner office
Scott R Dunnuck partner
William T Forrest Partner
Alan Nottingham Assoc Director
Dagit Bronstein Director of Project Management
Elke S Laughlin Director of Brokerage Services
Julia Finney Director of Asset Services
Lynn Sedway Executive Managing Consulting Director
Robert Hepding Director of Brokerage
Kent Kerr Manager of The Caribbean Agency Services
Wayne Black Administrative Assistant to the Senior Real Estate Manager
William Stevens Senior Manager, Real Estate
Bill Young Associate on the Retail Team
Billy Downing Associate
Carrie Bobb Associate
Carrie Keller Marketing Specialist
Cathy Baier Broker
Corey Lonberger Marketing Specialist
Crystal Houston office administrator
Dan Richardson Database Coordinator
Diane Paddison Client Accounts
Erik Poole Commercial Real Estate Executive
Frances Okazaki office leasing specialist
Garrett Hooker associate focusing
Gary J. Beban Senior Executive
George B Atkinson associate
James G Bayless senior associate
Jane Dizona Office Property Specialist
Jeff Kaiser office Properties Specialist
Jeremy Lincoln Associate
John Langa Administrative Assistant
Kirk Taylor investment property specialist
Lee Diamond Senior Associate
Mark Palmer Office Properties Specialist
Mary Ann Tighe Head, New York Tri, State Region
Peter Finn principal
Rachel Yockey intern
Stan Stouder author
Tim P Tillapaugh Associate
Michael Bronstein member
Mike Phipps member

Board of Directors

Name (plus bio) Position
Richard C. Blum Chairman
Bradford M. Freeman Board of Directors
Frederic V. Malek Board of Directors
Gary L. Wilson Board of Directors
Jane J. Su Board of Directors
Michael Kantor Board of Directors
Patrice Marie Daniels Board of Directors
Ray Wirta Vice Chairman

Brett White is President and Chief Executive Officer of CB Richard Ellis Group, Inc., the world’s leading commercial real estate services firm. CB Richard Ellis is the only firm in its industry to be included in the Fortune 500 and among the BusinessWeek 50 “Best in Class” companies. Mr. White has responsibility for directing global business activities for the world's largest commercial real estate services firm, with 2007 revenues of more than $6.0 billion and over 29,000 employees (excluding affiliate and partner offices). In 1991 Mr. White entered management as sales manager in the San Diego downtown office. From 1991 to 2001 Mr. White held a number of management positions, including Managing Director-Newport Beach, Regional Manager-Los Angeles, President-Brokerage and Chairman-The Americas. Mr. White was named President of the Company in 2001 and CEO in June 2005. He has been a member of the firm's Board of Directors since 1998 and the Executive Committee since 1999. Mr. White serves on the Board of Directors of Edison International and Southern California Edison, and is a trustee of the University of San Francisco. He has been involved in a number of civic and charitable organizations including the Los Angeles Museum of Contemporary Art and Junior Achievement. He received the “Brokerage Executive of the Year” award in 2005 and “Real Estate Industry Executive of the Year” and “Brokerage Executive of the Year” awards in 2006 from Commercial Property News.

Organization Position Status
CB Richard Ellis Group, Inc. President & Chief Executive Officer Current
Edison Mission Group Inc. Chief Executive Officer, President Current
Edison International Board of Directors Current
Edison Ethics and Compliance Office Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
Edison Mission Group Inc. Board of Directors Current
Brokerage Services CEO Former
Brokerage Services President Former
KANA Software, Inc. CFO Former
CB Richard Ellis Group, Inc. Executive Vice President Former
CB Richard Ellis Group, Inc. Managing Director, Newport Beach Former
CB Richard Ellis Group, Inc. Regional Manager, Los Angeles Former
CB Richard Ellis Group, Inc. Chairman, the Americas Former
University of California, Santa Barbara B.A. In Business Economics Former
Mossimo, Inc. member Former

Organization Position Status
CB Richard Ellis Group, Inc. Chief Executive Officer, EMEA Current
CB Richard Ellis Group, Inc. Chairman, EMEA Current
CB Richard Ellis Group, Inc. President, EMEA Former

As CEO & Chairman of CB Richard Ellis – Asia Pacific, Rob is responsible for CBRE’s activities in Asia Pacific. Responsible for over 80 offices in 12 countries & some 7,200 employees, Rob’s primary focus is overseeing client activity in the Greater Asia region including Hong Kong, China, Taipei, Seoul, Singapore Japan, and India. He also is a member of the Global Executive Board. Prior to joining CB Richard Ellis, Rob has worked with the Colliers Jardine group where he commenced as Sales Director and then Regional Service Director until 1995. From 1995 to 1998 he was Regional Investment Director based in Singapore. In 1999 he was appointed Australia Director, and in 2000, Chief Executive – New South Wales. Rob is currently based in Hong Kong since February 2002.

Organization Position Status
CB Richard Ellis Group, Inc. Chief Executive Officer, Asia Pacific Current
CB Richard Ellis Group, Inc. Chairman, Asia Pacific Current
CB Richard Ellis Group, Inc. President, Asia Pacific Former

Vance Maddocks is CEO of CB Richard Ellis Investors, the real estate investment management affiliate of CB Richard Ellis (NYSE:CBG). CBRE Investors invests globally, with over 40 percent of its $36.0 billion of assets under management* located outside the United States. Mr. Maddocks is also the leader and architect of the Strategic Partners program. The Strategic Partners program is the firm’s global value added and opportunistic fund series with 14 funds closed since 2000. Under the direction of Mr. Maddocks, the Strategic Partners U.S. program has completed transactions totaling more than $8.1 billion. Mr. Maddocks is a three-time recipient of the CB Richard Ellis Chairman’s Award for Leadership. In 2006, Vance received the company’s highest honors for his distinguished service and deal making capability, the Edward S. Gordon Award. He is the second CBRE recipient of this prestigious award in the history of the company.

Organization Position Status
CB Richard Ellis Investors, LLC Chief Executive Officer Current
CB Richard Ellis Group, Inc. Chief Executive Officer, CBRE Investors Current
CB Richard Ellis Group, Inc. member Former
California State University Northridge B.S. in Finance and Accounting Former

Mr. Stoffers is leader of CBRE Capital Markets, which combines CB Richard Ellis investment sales, finance and investment banking businesses into a single, fully integrated global service offering. Mr. Stoffers has extensive experience in the origination, structuring, placement, closing and servicing of commercial real estate debt for life insurance companies, pension funds, banks, savings and loans, Freddie Mac and Wall Street sources. Prior to the CB Richard Ellis acquisition of L.J. Melody in July 1996, Mr. Stoffers was Senior Vice President and Southwest Regional Manager for CB Commercial’s Mortgage Banking Division. Mr. Stoffers began his career with Coldwell Banker Commercial in 1981 and became a Senior Real Estate Finance officer in the firm’s La Jolla office. Achievements Contributor and writer to numerous industry articles published in local and national publications. Experienced guest speaker, panellist and moderator at numerous groups and industry conferences nationwide.

Organization Position Status
CB Richard Ellis Group, Inc. President, Capital Markets Current
CB Richard Ellis Group, Inc. Senior Vice President Former
CB Richard Ellis Group, Inc. Southwest Regional Manager, Commercial Mortgage Banking Division Former
Coldwell Banker Commercial Senior Real Estate Finance Officer Former

As Global Chief Operating Officer, Cal Frese has operating responsibility for the companies major geographies and business lines globally. Cal is focused on the day-to-day performance of the businesses as well as management of key support functions, including Information Technology, Human Resources and Corporate Communications. Mr. Frese also serves as Group President of the Americas, where he oversees a business with more than $3 billion of annual revenue and 19,000 employees. In addition, Mr. Frese is a member of the company’s Global Executive Board. Prior to his current role, Mr Frese was Chief Operating Officer of the Americas, where he was responsible for all shared services operations. Previously, he was Executive Managing Director of CB Richard Ellis' Central Region, and was responsible for overseeing business operations in 35 cities, with over 2,000 employees. From 1989 to 1998, he was General Partner and Chief Operating Officer of Whittier Partners, a New England-based full-service real estate company and joint venture partner of CB Richard Ellis. Mr. Frese also gained considerable financial management and real estate experience in the 1980s as Senior Vice President of Cabot, Cabot & Forbes, a real estate development company, and as a certified public accountant for Arthur Andersen & Company.

Organization Position Status
CB Richard Ellis Group, Inc. President, Americas & Global Chief Operating Officer Current
CB Richard Ellis Group, Inc. Chief Operating Officer Former
Cabot & Forbes Senior Vice President Former
New York University Masters Degree in Accounting Former
Trinity College Bachelor of Arts in Economics Former

Mr. Ludeman is President of Americas Brokerage for CB Richard Ellis. In this role he is responsible for the company’s largest business line, with combined revenue exceeding $1 billion. He directs the Office, Retail and Industrial practice groups. He also serves as a member of the Global Executive Board and the Americas Operations Management Board. During his nearly 25 years with CB Richard Ellis, Mr. Ludeman has served in several key management roles, including President, Transaction Management and Global Corporate Services. In this role, Mr. Ludeman was responsible for all transaction units in the Americas, as well as the Corporate Services platform, including facilities management, project management, lease administration, transaction management and research and consulting. Prior to his national and international roles Mr. Ludeman served in several regional and local market leadership positions across the United States. Mr. Ludeman began his career with CB Richard Ellis as a sales trainee. As a salesperson, he was promoted frequently, and was consistently recognized among the top 5% of revenue producers worldwide.

Organization Position Status
CB Richard Ellis Group, Inc. President, Americas Brokerage Current
CB Richard Ellis Group, Inc. Sales Trainee Former
CB Richard Ellis Group, Inc. Board of Directors Former

Organization Position Status
CB Richard Ellis Group, Inc. President, Valuation and Advisory Services Current
CB Richard Ellis Group, Inc. Marketing Director Former
CB Richard Ellis Group, Inc. Manager Former
CB Richard Ellis Group, Inc. Consultant Former

Jim Reid is President of CB Richard Ellis’ U.S. Eastern Division, with oversight of all CBRE lines of business operating within this area. The Eastern Division includes over 60 offices in key markets such as Atlanta, Boston, Chicago, Dallas, Houston, and Washington, DC. The Division represents one of CB Richard Ellis’s largest operating divisions with annual revenues exceeding $1 billion. In 2001 and 2002, Mr. Reid was Chairman, EMEA Division, for CB Richard Ellis’ operations across Europe, Middle East and Africa. At the time, the EMEA Division was an approximate $170 million business with 1200 employees located in 21 countries with services including property sales and leasing, property management, corporate services, valuation, investment management, research and consulting. From 1998 through 2000, Mr. Reid was Executive Managing Director, Investment Properties for the EMEA Division. In this capacity, Mr. Reid directed an organization of approximately 60 investment acquisitions and sales professionals. This team completed approximately $5 billion in investment transactions in 2000. From 1993 through 1997, Mr. Reid was Senior Vice President and Regional Manager-Investment Properties for the northeastern United States (including the key markets of New York, Boston and Washington, DC). Earlier in his career, Mr. Reid held leadership positions at Cushman & Wakefield, Jones Lang Wootton and Charles E Smith Companies, a major Washington, DC area developer and owner.

Organization Position Status
CB Richard Ellis Group, Inc. President, U.S. Eastern Division Current
Cushman & Wakefield Inc. area developer and owner Former

Organization Position Status
CB Richard Ellis Group, Inc. President, Institutional & Corporate Services Current
Trammell Crow Company President, Global Services Former

Organization Position Status
CB Richard Ellis Group, Inc. President Current
Friends of The Jerusalem College of Technology President, New York Tri, State Region Current
Tishman Speyer Properties LP Partner Former
Davis & Gilbert Attorney Former
The Consulting Group Board of Directors Former
The Consulting Group Member Former
CB Richard Ellis Group, Inc. Instrumental Member Former

Steve Swerdlow was recently appointed President of CBRE’s Western Division, one of the firm’s three geographical U.S. divisions. In this capacity, Mr. Swerdlow oversees all company operations in the division and sits on CBRE’s Americas Operations Management Board. During his seventeen year career with CBRE, Mr. Swerdlow has earned the unique distinction of having also served as President for CBRE’s New York Tri-State and Eastern Divisions. Prior to his current appointment, Mr. Swerdlow was President of CBRE’s Global Corporate Services (GCS) line of business for five years. In this capacity, he led GCS’ efforts to enhance the real estate portfolio value of over 150 companies worldwide by developing GCS’ business strategies, communicating the strategic vision and managing senior client relationships. Before joining CBRE, Mr. Swerdlow was a development officer for Hines Interests in New York. He began his professional career at the New York law firm of Barrett Smith Shapiro Simon & Armstrong, where he concentrated on a corporate law practice.

Organization Position Status
CB Richard Ellis Group, Inc. President, Western Division Current
Global Corporate Services, Inc. President Former

Organization Position Status
CB Richard Ellis Group, Inc. President, Global Corporate Services Current
Trammell Crow Company Vice Chairman Current
Charles River Associates Incorporated Board of Directors Current
Trammell Crow Company CEO Former
Trammell Crow Corporate Services, Inc. CEO Former
Trammell Crow Company President Former
Trammell Crow Corporate Services, Inc. President, Global Services Former
Trammell Crow Company Vice President Former
Trammell Crow Corporate Services, Inc. Director and Partner Former
Trammell Crow Corporate Services, Inc. Officer Former
Trammell Crow Company Officer Former
CB Richard Ellis Group, Inc. Vice Chairman, Global Corporate Services Former
Global Corporate Services, Inc. Vice Chairman Former
Trammell Crow Company Board of Directors Former
Savills PLC Board of Directors Former

Don Goldstein serves as Global Chief Information Officer of CB Richard Ellis and is responsible for the company’s technology strategy, information services delivery, and customer technology solutions. Mr. Goldstein joined CB Richard Ellis when the company acquired Trammell Crow Company. He began working with Trammell Crow Company in 1999 as Managing Director of IT, and was promoted to Chief Information Officer in 2005 with responsibility for the company's global technology platform. In his 23 year IT career, Mr. Goldstein has held various management and technical positions with large global firms in the financial services sector, including Aon and Zurich. His IT experience includes responsibility for IT project management, network and infrastructure, systems security and compliance, data center operations, data warehousing, application development and support, and help desk.

Organization Position Status
Trammell Crow Company Chief Information Officer Current
CB Richard Ellis Group, Inc. Chief Information Officer Current
Trammell Crow Company Board of Directors Current
CB Richard Ellis Group, Inc. Managing Director, It Former
Trammell Crow Company Director of It Former

Gil Borok is Global Controller of CB Richard Ellis. In this position he has responsibility for global financial and accounting matters of the Company, including external (U.S. Securities Exchange Commission) reporting, internal (management) reporting, audit committee activities, the internal audit function, and the financial aspects of mergers, acquisitions and dispositions. Mr. Borok is a seasoned executive with a successful background in financial management within the manufacturing, distribution and real estate industries, including Big 4 public accounting experience. This background includes leadership in multidivisional, international operations with a solid knowledge of strategic planning, U.S. GAAP and SEC compliance, business development, profitability and cost improvement, acquisitions and dispositions.

Organization Position Status
CB Richard Ellis Group, Inc. Chief Financial Officer, Americas, Chief Accounting Officer & Executive Vice President Current
Dole Food Company, Inc. Chief Accounting Officer Former
Dole Food Company, Inc. Manager of Corporate Reporting Former
Dole Food Company, Inc. Vice President, Controller Former
CB Richard Ellis Group, Inc. Global Controller Former
CB Richard Ellis Group, Inc. Contoller Former

Mr. Groch is Chief Investment Officer of CB Richard Ellis Group, with responsibility for Corporate Finance, Mergers & Acquisitions and Strategy. He also serves as Chief Investment Officer of the firm’s Development Services business and leads its Funds and Capital Programs. Mr. Groch joined Trammell Crow Company in 1985. His first position was in office leasing in Houston, Texas. In 1988, at the age of 26, he was promoted to Partner, becoming the Company’s youngest executive in that role. From 1991 through 1997, Mr. Groch served as a Managing Director of Trammell Crow Northeast, Inc., a full-service real estate business specializing in large-scale development projects and corporate outsourcing assignments. In 1997, Mr. Groch was named Area President of Development and Investment for the Eastern U.S. In 1998, he became Chief Investment Officer and Director of Corporate Finance of Trammell Crow Company. Over time, his responsibilities expanded to also include firm-wide Strategy and Mergers & Acquisitions as well as the role of President of Funds and Investment Management.

Organization Position Status
CB Richard Ellis Group, Inc. Chief Investment Officer Current
Trammell Crow Company President, Funds and Investment Management Former
Trammell Crow Company Chief Investment Officer Former
Trammell Crow Company Partner Former
Trammell Crow Company Director, Corporate Finance Former

Laurence H. Midler is Executive Vice President and General Counsel for CB Richard Ellis. Mr. Midler is responsible for all legal affairs of the company, including coordinating the activities of the firm's regional and corporate legal departments. He also serves as the company's Chief Compliance Officer, overseeing the Corporate Compliance Program.

Organization Position Status
CB Richard Ellis Group, Inc. Chief Compliance Officer Current
CB Richard Ellis Group, Inc. Executive Vice President & General Counsel Current
Latham & Watkins associate Former
New York University Juris Doctor degree Former
University of Virginia Bachelor of Arts Former

Organization Position Status
CB Richard Ellis Group, Inc. Global Chief Economist Current
Torto Wheaton Research Founding Principal Current
University of Massachusetts Amherst Director, Public Policy Institute Former
University of Massachusetts Amherst Professor of Economics Former

Organization Position Status
CB Richard Ellis Group, Inc. Chief Financial Officer Current
Staples, Inc. Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
CB Richard Ellis Group, Inc. Chief Executive Officer, Development Services Former
Trammell Crow Company President and Chief Executive Officer Former
CB Richard Ellis Group, Inc. Group President, EMEA & Asia Pacific Operations Former
Trammell Crow Company Executive Vice President and Chief Financial Officer Former
Trammell Crow Company Executive Vice President and National Director Former
Trammell Crow Company Chairman Former

Organization Position Status
CB Richard Ellis Group, Inc. Chief Operating Officer Current

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current
Compass Bancshares, Inc. Board of Directors Current

John G. Nugent is a Vice Chairman of CB Richard Ellis, the world’s largest full service commercial real estate firm. Mr. Nugent has acted as both a real estate consultant and tenant representative for CB Richard Ellis since 1985. He began his career with CB Richard Ellis in the Stamford, Connecticut office and in 1990 relocated to CB Richard Ellis' Midtown Manhattan office. John’s primary focus since relocating to New York has been tenant representation. John's extensive experience in multi market tenant representation has enabled him to complete hundreds of transactions globally. During his over 24-year career at CB Richard Ellis, John has consistently maintained his status as one of the top leasing brokers at CB Richard Ellis, ranking as the number one leasing broker in the nation in 2000. He was nominated to the CB Richard Ellis Coldwell Colbert Circle in 1999, 2000, 2002, 2003, 2004, 2005, 2006, 2007 and 2008 representing the top 3% of producers at CB Richard Ellis worldwide. In May 2005, John was selected from over 15,000 employees worldwide to serve on the Board of Directors of CB Richard Ellis and to serve as Chairman of the America’s President Advisory Council. John served on the Board of Directors for two years. In 2006, John was honored with the William H. McCarthy Award, the highest award a CB Richard Ellis professional can receive. It is presented to the individual who exemplifies professional excellence, integrity, service and teamwork. John is the first CBRE professional from the New York Tri-State Region to be honored as a recipient of the McCarthy Award.

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current
CB Richard Ellis Group, Inc. Member, Global Corporate Services Current
CB Richard Ellis Group, Inc. Vice Chairman Former
Lycoming College B.A. degree Former

John Knott is an Executive Vice President of CB Richard Ellis. Mr. Knott has been with CB Richard Ellis since 1999. Mr. Knott brings 22 years of real estate experience to CB Richard Ellis, including 10 years with Cushman & Wakefield in West Los Angeles and 5 years with Sullivan & Knott, Inc., a Las Vegas based company he founded in 1994. John Knott joined CB Richard Ellis' Global Gaming Group on January 1, 2003, prior to that he served as the Las Vegas office Managing Director. As Managing Director he was responsible for directing all aspects of the company's Las Vegas office, which was staffed with 22 real estate professionals and 75 total employees. He focused on new business development and client relations for brokerage, investments, apartments, acreage, and property management. As a leader of the Global Gaming Group he is responsible for helping the group establish a market leading position worldwide.

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current
CB Richard Ellis Hotels Limited Executive Vice President, Las Vegas Current

Patrick Marr is a leading tenant representation broker in the Washington, DC market whose major transactions in the last seven years are unmatched. Over the last 23 years, all with CB Richard Ellis, he has shaped aggressive and complex transactions for some of Washington’s most prestigious tenants. Mr. Marr has advised clients in more than 1,000 transactions with over $3 billion in aggregate lease value. Mr. Marr’s focus is helping all clients to execute the right real estate strategy for their firm by minimizing risk and retaining flexibility. Whether the ultimate goal is to minimize out-of-pocket costs, to position the client as the lead tenant in a distinctive property, to use real estate as a tool for recruiting and retention, or to ensure that the firm is successfully reducing its carbon footprint, Mr. Marr actualizes that strategy hand in hand with his client. In recent years, Mr. Marr and his team have led tenants in crafting more sustainable lease transactions than any other firm in Washington. In 2007, Mr. Marr was honored by the Board of Realtors as the top Real Estate agent in Washington, DC as well as the top grossing agent for Washington, DC, Virginia, and Maryland. Achievements * CBRE Top 200 (1993-2002, 2006) * Transaction of the Year Award Recipient (1999, 2001, 2003) * Inducted into CBRE Colbert Coldwell Circle recognizing the top 3% on 3 occasions * Promoted to Executive Vice President, a CBRE title held by less than 1% * Ranked #2 in the World, CBRE Global Corporate Services (2002)

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current
Amplifier Venture Partners, L.P. Member of the Investors Advisory Committee Current

Robert Stillman has been with CBRE since 1994 and is a member of the Consulting Group’s Operating Committee. Robert has been involved in the development and implementation of strategic real estate plans for several major corporations, law firms and non-profit clients on both a national and regional basis. Robert has negotiated and structured major lease, acquisition and sales transactions on behalf of his clients and has extensive knowledge of the economic and financial statement impact of various real estate transactions.

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current

Sean Cunningham joined CB Richard Ellis in 1980, and is a Vice Chairman. Mr. Cunningham’s tenure with CB Richard Ellis includes his present position recognized nationally as specializing in multi-housing sales. Mr. Cunningham was the Senior Vice President and Managing Director of the CB Richard Ellis Phoenix office from 1993 through 1998. In this role, Mr. Cunningham was responsible for the direct management of 80 sales professionals and 130 support personal. Mr. Cunningham is one of the nation’s leading portfolio disposition specialists within CB Richard Ellis’ Multi-Housing Properties Group. Achievements * CBRE Capital Markets Top Performers Nationally: 2008 - IP MultiHousing 2nd, Capital Markets Overall 7th, Institutional Group 5th * 2004: Recipient of CB Richard Ellis' National Teamwork Award * 2006: honorary title of Vice Chairman, one of 20 individuals, recognizing CBRE’s top producers. * The Anderson/Cunningham team is one of the top revenue producing teams within CBRE Multi-Housing Group nationally, closing over 141,000 units with a total value of $10 billion * Colbert Coldwell Circle Member (Top 3% Nationally) * Phoenix Office Performance: 1st in 2000, 2003-2007 * National Performance: 2005 - 1st Western US, 8th Nationally * National Performance: 2006 - 2nd Western US, 6th Nationally

Organization Position Status
CB Richard Ellis Group, Inc. Executive Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current
Trammell Crow Company Director of Maryland Brokerage Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President, Global Corporate Services Group Current
Harbert Realty Services, Inc. President Former
AmSouth Bank Former

Roles & Responsibilities Brett Miller is the Executive Vice President and Regional Managing Director for CB Richard Ellis Canada. In addition to his responsibilities running the brokerage and financial services operations of 4 offices, Mr. Miller heads up the Investment Properties Team for the region and acts as the senior contact for several of the company’s key corporate accounts. Professional Experience Brett Miller joined CB Richard Ellis in 2001 as Senior Vice President for the Montreal office. In 2005 he was appointed Executive Vice President and Regional Managing Director - Eastern Canada. Under his leadership his division has enjoyed 25% annual growth and has expanded to a staff of over 50 people. Throughout Eastern Canada CB Richard Ellis offers a full service platform catering to both corporate users of real estate and investors. Mr. Miller is frequently involved in large size transactions, ensuring that clients are offered the highest quality service and pertinent strategic advice or analysis. Prior to joining the company, Brett worked in London England for News Corporation Limited as General Manager of News Commercial Ventures (1999-2001) and in Paris, France as Founder and Président, Directeur Général for Nestor Services (1993-1999). He started his career in Montréal with a large development company Canderel Limited where he held a number of executive roles in all aspects of real estate (1986-1992).

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current
News Corporation General Manager Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

For 22 years, Doug Bakke has specialized in tenant representation and the leasing and sale of office properties in Denver. Doug has been involved in more than 1,300 lease and sale transactions totaling more than 13 million square feet and resulting in over $1.5 billion in total consideration. Doug achieved the distinction of becoming a Senior Vice President at CB Richard Ellis in 1999, and is a team leader for CB Richard Ellis’ national Technology Practice Group, which specializes in technology and telecommunications and the specialized spaces that go along with those complex requirements. (www.cbre.com/tpg) Doug has represented numerous users with both office and technology requirements such as Level 3 Communications, Pulte, Polycom, Inflow, Touch America, Winfirst, Relera, On Fiber, Cambium, Amgen, Wild Oats, Northrop Grumman, TeleTech, Wachovia and Adams County School District. Please click to view my team webpage! Achievements NAIOP Broker of the Year Finalist (2008) NAIOP Broker of the Year (2007, 2006, 2004) Top 200 Producer, CB Richard Ellis International (2007, 2006) #1 Overall Producer, CB Richard Ellis Denver (2001, 2000, 1998) Top 5 Producer, CB RIchard Ellis, Denver (2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998) Senior Vice President (1999) First Vice President (1998) Vice President (1997) Senior Associate (1995) PRINTER FRIENDLY VERSION

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Greg Vorwaller directs all operations of the CB Richard Ellis Investment Properties Group, which specializes in the acquisition and disposition of income-producing properties for third-party owners. Last year, the Group represented clients in selling over US $140 billion in income-producing properties worldwide, and ranked as the Number 1 sales advisor in the United States. Mr. Vorwaller joined CB Richard Ellis in 1993, as Senior Vice President and Regional Manager for the Midwest Region. Prior to accepting his responsibilities with CB Richard Ellis, Mr. Vorwaller was Vice President in the Real Estate Financial Department of The First National Bank of Chicago, where he was responsible for advising corporate and real estate clients on alternative means of meeting financing requirements. Before joining First Chicago, Mr. Vorwaller was a Vice President in the Capital Markets Group of The Balcor Company, where he had primary responsibility for the raising of funding for its merchant building and build-to-suit operations. Mr. Vorwaller is also well known in the pension fund industry where he served as a senior consultant with Institutional Property Consultants, and founded the real estate consulting practice of William M. Mercer's Asset Planning Group. Over the course of his career, Mr. Vorwaller has been responsible for more than $6 billion in property sales, debt financings, and sale/leaseback financings.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current
The First National Bank of Chicago Vice President Former
CB Richard Ellis Group, Inc. Regional Manager, Midwest Region Former
First Chicago Corporation Former

Kim Lord was appointed to the position of Managing Director for Asset Services for CBRE’s Hawaii Region in 2009. At approximately 9.2 million square feet, CBRE’s Asset Services Group is the largest in the state of Hawaii. As Managing Director, Ms. Lord works closely with CBRE clients in the retail, office and industrial specialties to create an overall strategy for their asset, or portfolio of assets. She is known for her consistent ability to place the right professionals locally on each customized assignment to maximize results. In addition, her deep knowledge of the CBRE services platform allows her to access the entire CBRE network to ensure the delivery of measurable results and enhanced asset productivity. In addition to these responsibilities, Ms. Lord will also continue to serve as Managing Direct Retail Services in Hawaii, overseeing both asset services and leasing. She also serves as a leader of the Company’s National Strategic Retail Advisory Team. Joining CBRE in 2001, Ms. Lord’s prior position was Senior Vice President of Retail Asset Services in Hawaii. In this role, she supervised and developed best practices for clients, specializing services specific to the needs of a variety of product types including open air centers, enclosed malls, mixed use, lifestyle, resort/hospitality, and luxury assets. Ms. Lord was integral in the development of CBRE’s Resort Retail Services Division, a retail specialty group focusing on resort properties, tourist driven centers, hotels, and tenant representation. Achievements Guest speaker and panelist at ICSC’s 2001 Travel, Tourism and Leisure Conference, Universal City, CA Published resort article for Hawaii Hospitality, 2004 and Shopping Center Business, 2005 Published Hawaii Lifestyle article for Shopping Center Business, 2007 and Western Real Estate Business, 2007 Guest Speaker on Retail and Sustainability, 2007, Micronesia Real Estate Investment Conference Moderator of panel on Luxury Retailing, June 2008, ICSC Pacific Rim Conference, Waikiki, Hawaii

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President, Asset Services Current
CB Richard Ellis Group, Inc. Partner Current
Southridge Mall Assistant Marketing Director Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Marc Allocca is senior vice president in the Richmond office of CB Richard Ellis, the global real estate services firm. A commercial real estate broker specializing in sales and leasing of office, office flex, and industrial types of property, Marc is also a private investor in commercial and residential properties. In 2005, he was named a "top producer" of CB Richard Ellis.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current
Va Business Bank Senior Vice President In the Richmond Office of Cb Richard Ellis Current
CB Richard Ellis Group, Inc. Producer Former

Mark Bouchard is the Managing Director of the Salt Lake City office of CB Richard Ellis. Prior to his arrival in Salt Lake City, Mr. Bouchard was the Managing Director of the Las Vegas office of CB Richard Ellis where he oversaw the Brokerage, Investment and Asset Services divisions of the company. Mr. Bouchard brings over 25 years of banking and real estate experience to CB Richard Ellis, including 6+ years as Senior Vice President and Development Partner for Thomas & Mack Development Group, a Las Vegas development company specializing in Office and Business Park development. In addition, Mr. Bouchard served in a Senior Management position with Valley Bank of Nevada where he was responsible for areas of Trust and Investments totaling $13 billion.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Mark Teitelbaum is a First Vice President with CB Richard Ellis specializing in tenant representation. He has 20 years of commercial real estate experience. His clients include local and national professional firms, corporations and non-profit organizations. Mr. Teitelbaum joined CB Richard Ellis as a result of the July 2003 merger with Insignia/ESG, where he began working for its predecessor company in 1984. Throughout the last 25 years, Mr. Teitelbaum has participated in many entrepreneurial ventures and is currently a principal in various business and real estate ventures. He also sits on several boards in the capacity of Director and/or Advisor. Achievements * 1998 - Mr. Teitelbaum received recognition by the Washington Business Journal for one of the largest transactions in Maryland with Yurie Systems (Lucent Technology). * 2000 - Mr. Teitelbaum was named Top Producer for the Washington, DC Region. * 2001 - Mr. Teitelbaum completed one of the largest private sector transactions in Washington, DC with Conservation International. * 2004 - Mr. Teitelbaum completed one of the largest private sector transactions in Arlington, Virginia with Friedman, Billings & Ramsey.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current
VIPdesk, Inc. Vice President Current
VIPdesk, Inc. Board of Directors Current
VIPdesk, Inc. Director, Marketing Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President, specializing Current

Richard P. Levine has 20 years of experience in the commercial real estate industry. Since joining CBRE in 1988, he has represented New York based clientele throughout the New York region, and coordinated the firm’s resources to serve these groups nationally. He is a senior member of CBRE's Downtown New York office. Over the course of his career, Mr. Levine has also served as a building leasing agent for more than 6.5 million square feet of office space. This experience has given him valuable insight concerning various landlord’s perspective and has enabled him to be highly effective in the negotiation of new lease agreements on behalf of tenants, as well as the re-negotiation and extension of present lease agreements.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Sean Cahill has been a leasing and sales specialist with CB Richard Ellis since 1988. He is currently a Senior Vice President in the firm’s Stamford, CT office, which provides signature commercial real estate service to clients throughout the northern suburbs of New York City. Through CB Richard Ellis’ global platform, however, Mr. Cahill is able to access the firm’s resources to satisfy client needs on a global scale with the confidence he would have in his own market. Mr. Cahill is an acknowledged expert on the needs of users of all kinds in all types of properties, having worked with financial service, consumer products, service-oriented and publishing users, among others, in the acquisition and disposition of office space. He is equally well-versed in both tenant and agency representation, and heads a three-person team of professionals that seek to develop relationships primarily in Fairfield County, CT and Westchester County, NY. Mr. Cahill’s ability to translate his brokerage skills into completed transactions in many diverse locations, however, has resulted in more than 10.0 million SF of deals during his 19-year career. Other services provided to clients include strategic planning, real estate consulting, portfolio planning, financial analysis and investment/user sales.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Brandon specializes in corporate representation of clients locally and nationally. His focus is to assist clients with transaction management of both dispositions and acquisitions. He assists clients with customizing strategies, analyzing the local real estate market and creating solutions that meet the clients’ needs. Brandon leverages his strong financial background to provide both the client and team with financial analysis to support sound rationale for realistic decision-making. Prior to joining the Global Corporate Services team, Brandon spent over two years with the CB Richard Ellis Financial Consulting Group as a Senior Consultant. He focused on the financial underwriting and pricing of office and industrial properties both locally and nationally. While in FCG, Brandon’s assignments included over $1 billion in asset consideration. Before joining CB Richard Ellis, Brandon held a position with the Commercial Real Estate Acquisition Group at Principal Capital Management in Des Moines, IA. Achievements Recipient of the 2006 CB Richard Ellis Chairman's Club for Sales Professionals Recipient of the 2004 and 2005 CB Richard Ellis Millennium Club for Sales Professionals Recipient of the 2002 Transaction of the Year Award from the Minnesota Commercial Association of Realtors. Recipient of the CB Richard Ellis Rookie of the Year Award during the first 12 months as a Sales Professional

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. First Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

David Fults is a first vice president with CB Richard Ellis. He specializes in Central Los Angeles and San Gabriel Valley properties. He also works on several worldwide corporate services accounts. He puts his market knowledge to work to save his clients money. Mr. Fults uses the wide range of services available at CB Richard Ellis to assist his clients, from property valuation to relocation services to facilities analysis. His knowledge and experience help his clients make the right real estate decisions. Mr. Fults and his partner, Brian McLoughlin, have created a very successful team. Since January 1998, they have completed over 12 million square feet of transactions with a total consideration of over $700 million. Please click on Meet The Team link to visit their team website. Achievements LA Central Top 10 - 2000, 2003, 2004 Century Club Member - 2000, 2003 Millenium Club - 2004, 2005, 2007 Advisor Board Member Rookie of the Year - Industrial

Organization Position Status
CB Richard Ellis Group, Inc. vice president Current

David Machlin is a First Vice President with CB Richard Ellis. His concentrations include investment sales and both owner and tenant representation services in the Metropolitan Washington, DC area, particularly within Montgomery County, Maryland. Mr. Machlin joined the firm as a result of the July 2003 merger with Insignia/ESG, where he began working in 1995. He has consistently been among the most active brokers in the firm's Bethesda, Maryland, office, where he was the top producer in 2000 and 2001. Prior to Insignia/ESG, Mr. Machlin served as a Leasing Director at Manekin Corporation and was responsible for leasing and build-to-suit activities on behalf of a prominent regional land developer. The focus of this activity was in Montgomery and Frederick counties, Maryland

Organization Position Status
CB Richard Ellis Group, Inc. First Vice President Current

Mr. Belfrage is a Vice President for CB Richard Ellis' Columbus office and serves as a member of the Investment Services Hotel & Leisure Group. He is directly responsible for the acquisition and disposition of hotels on a local, regional and national level. Eric's professional knowledge includes almost 30 years of experience in the hospitality industry and is very well known and respected for his vast knowledge of hotel properties throughout Ohio. Eric holds the Counselor of Real Estate (CRE) designation as well as being a member of the International Society of Hospitality Consultants (ISHC), the Appraisal Institute (MAI Designation) and is a fellow of the Royal Institute of Chartered Surveyors (FRICS). Prior to joining CB Richard Ellis, Eric served as Managing Director of Integra Realty Resources, previously known as Lorms and Belfrage. He is an active member of the International Society of Hospitality Consultants and is considered the media's go-to person for hospitality industry insight and quotable quotes. In addition to conducting seminars for the IRR hospitality specialty on hotel valuation, he has also instructed "Small Hotel Valuation" for the Russian Society of Appraisers in Moscow, Russia in 2004 and annually publishes "The Columbus Lodging Forecast."

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current
CB Richard Ellis Hotels Limited Vice President, Columbus, Ohio Current
Ishc Current
Integra Realty Resources, Inc. Managing Director Former

Frank Graybeal is First Vice President with CB Richard Ellis. During his career, Mr. Graybeal has amassed an impressive resume representing significant tenants by providing acquisition, disposition and advisory services in Suburban Maryland. His proactive approach and attention to detail, coupled with thorough knowledge of the market, helps him to identify opportunities that may not be apparent to others. He has successfully represented a number of significant health and life science organizations and further heads the Suburban Maryland office's Bioscience practice. Mr. Graybeal joined CB Richard Ellis as a result of the July 2003 merger with Insignia/ESG, where he began working in 1987.

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Jennifer Pierson is a Senior Vice President with CB Richard Ellis (CBRE) where she leads the Dallas Retail Private Client Group. Serving private capital investors in North Texas and the surrounding region, Ms. Pierson is widely recognized as a leading investment properties specialist. Her expertise is in understanding the capital markets, knowing and accessing private capital investors, as well as underwriting and developing marketing strategies for investment properties. Ms. Pierson has represented numerous private investors in the disposition of their shopping centers and has completed transactions totaling more than $600 million in value. As a member of CBRE’s Private Client Group, she has access to a shared database of more than 100,000 investors located throughout North America. Ms. Pierson began her career working at a Phoenix real estate firm while obtaining her degree from Arizona State University. After graduating in 1992, she returned to Dallas to continue her real estate career. In her first year at CBRE, Ms. Pierson earned the Rookie of the Year award. She consistently ranks as one of the top 10 producers in the Dallas office as well as one of the firm’s top 200 producers nationwide. Ms. Pierson is a member of CBRE’s Colbert Coldwell Circle- one of the highest and most prestigious designations for a brokerage professional- which signifies the top one percent of CBRE brokers in the nation. Achievements CBRE Rookie of the Year Top 10 Producer 2001, 2004, 2005, 2007 PCG Collaboration Cooperation Circle 2005 Colbert Coldwell Circle

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. First Vice President Current

Michael Hoffman is a First Vice President with CB Richard Ellis with over 22 years of real estate experience in the Tampa Bay area. Hoffman began his career as a tenant representation specialist with Grubb & Ellis in 1986. In 1988 Hoffman joined The Paragon Group (which was later acquired by Insignia/ESG, Inc.) one of the countrty’s largest, privately owned real estate development companies and was initially responsible for over 1 million square feet of office/flex space in the Tampa Bay area. Since beginning his real estate career, Hoffman has been directly involved in leasing transactions totaling more than 6 million square feet. His landlord representation experience grants him the distinct benefit and unique point of view of evaluating real estate transactions on behalf of the most distinguished corporate clients in Tampa Bay. Client relationships include Bank of America, PriceWaterhouseCoopers and Prudential Securities. In addition, he has worked successfully with many institutional owners, including Principal Financial Group, The Travelers and MetLife Real Estate. Achievements * Insignia/ESG’s 1998, 2002 and 2003 Top Producer Award - North Florida * Florida Gulfcoast Commercial Association of Realtors 2003 Pinnacle Award - #3 Top Producer Office Properties. * CoStar Group 2003 Power Broker Award – Top 25 Tampa brokers * 2004 Top Five Producer Award – CB Richard Ellis

Organization Position Status
CB Richard Ellis Group, Inc. First Vice President Current
Paragon Group, Inc. Former
ESG Consulting Inc. Former
Principal Financial Group, Inc. Former
Grubb & Ellis Company Former
PricewaterhouseCoopers Former

Business Unlimited Group Corp. is a new name but the person behind it, Mr. Narender Taneja (President & CEO) is a well known name in California and other states in Business Brokerage Industry. It is a Business Brokerage firm, specializing in Hotel Brokerage, Development, Hotel Management & Operations, Hotel Appraisals, Gas station Brokerage, Loans / Financing and Management Consulting. Mr. Narender Taneja has a rich experience of 30 years in Brokerage Industry and before starting this company, he has been Sr. Vice President of Business Team - Business broker and consultant (Mergers & Acquisitions) and Vice President, CB Richard Ellis -Investment properties broker and consultant. Our Business Philosophy is to provide the highest level of Service and Quality to our Customers with professionalism.

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current
Bizben.Com Agent at Business Unlimited Corporation Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current
Verus Partners, LLC Senior Vice President, Regional Partner Current
CB Richard Ellis Group, Inc. Partner Former

Shane’s primary area of focus is representation of Landlords/Sellers in transactions in the South San Diego County Marketplace, San Diego downtown to the border. As of April 2007, Shane has been involved in the buying or selling of over $200,000,000 in building sales, over $100,000,000 in building leases and over $200,000,000 in finished and un-entitled land sales. Prior to joining CB Richard Ellis and becoming “Rookie of the Year”, Shane Harmon was actively involved in the Otay Mesa Submarket of San Diego. He oversaw asset management, feasibility analysis and development management of over two million square feet of industrial space (half of which was in Otay Mesa) and was involved in over 600,000 square feet of vertical warehouse distribution development. Prior to that, Shane was a practicing Certified Public Accountant and Real Estate Consultant with Ernst & Young’s Real Estate Group. He has been actively involved in the commercial real estate arena since 1992. Achievements * Winner of Rookie of the Year Award in 2000

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current
Otay Mesa Board of Directors Current
University of California, San Diego CPA and Real Estate Consultant for Ernst & Young's Real Estate Group. Former

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President, Investment Properties Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President, Property Sales Current

Organization Position Status
CB Richard Ellis Group, Inc. Vice President Current

Organization Position Status
CB Richard Ellis South Bend President Current
CB Richard Ellis Group, Inc. managing director Current
CB Richard Ellis Group, Inc. president Former
Crowe, Chizek and Company Partner Former
National Council YMCA of the USA trustee Former

During the past twenty five years, Mr. Lesser has specialized in real estate appraisals, economic feasibility evaluations, investment counseling, and transactional services of hotels, resorts, conference centers, casinos, and timeshare properties on a worldwide basis. He provides services to corporate, institutional, and individual clients and municipalities on all facets of hospitality real estate including: litigation support and expert testimony, site evaluation, highest and best use analysis, appraisals for mortgage, acquisition, and portfolio management, workout strategies, operational analysis, property tax assessment appeal evaluations, economic impact studies, deal structuring and fairness opinions. He currently serves as the Senior Managing Director-Industry Leader of the Hospitality & Gaming Group at CB Richard Ellis (CBRE). For eleven years prior to joining CBRE, Mr. Lesser founded and led the Hospitality & Gaming Group at Cushman & Wakefield. Mr. Lesser was a member of the original team at HVS International when it was founded, and where he subsequently spent thirteen years expanding the firms practice. Prior to his hospitality advisory and transactional experience, Mr. Lesser held operational and administrative positions with Hilton Hotels Corporation and Eurotels-Switzerland. Mr. Lesser is a member of and has served on numerous committees for the American Society of Real Estate Counselors and the Appraisal Institute. In addition to holding the Certified Hotel Administrator (CHA) designation, he has served a variety of committees with the American Hotel and Lodging Association. Mr. Lesser is a member of the Cornell Hotel Society (CHS) and a member of the Board of Directors of the New York City Chapter of the CSH. He is a former Advisory Board member and member of the Fundraising Subcommittee for the New York University Center for Hospitality Industry Studies. Mr. Lesser is a founding member of the Lodging Industry Investment Council (LIIC), the hotel industry “think tank”. Furthermore, Mr. Lesser is an Honorary Committee Member of the annual UJA-Federation of New York Hotel & Hospitality Division Dinner As a noted hotel real estate industry authority, Mr. Lesser has authored numerous articles and has been quoted in a variety of major industry publications. Furthermore, Mr. Lesser lectures frequently at hotel industry investment conferences, as well as at Cornell University, New York University, Boston University, New York Institute of Technology, the New York Metropolitan Chapter and the Boston Chapter of the Appraisal Institute, the New England Chapter of the Commercial Investment Real Estate Institute (CCIM), The National Council of Real Estate Investment Fiduciaries (NCREIF), and the Real Estate Board of New York. Click here to download Mr. Lesser's complete qualifications package.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current

As Managing Director of CB Richard Ellis, Inc. in Cleveland, Mr. Browning is responsible for client service throughout Northeastern Ohio. It is his privilege to be able to focus the full resources of the company in response to customer need and opportunity. Professional Experience Mr. Browning has been actively involved in the real estate industry for almost 30 years. During his career, he has had involvement in all aspects of brokerage, property management, investments as well as development. Mr. Browning joined CB Richard Ellis, Inc. in 1978. He was a successful office building specialist in Chicago prior to directing the Cleveland operation in 1987. Mr. Browning is an industry leader. His efforts have been recognized with the following appointments: President, Cleveland Area Board of Realtors 1996; Chairman, Ohio Association of Realtors Commercial Council 1998; President, Northern Ohio Chapter of NAIOP 1999; Member, Real Estate Advisory Board of the Downtown Cleveland Alliance; Member, Realtors Professional Standards Committee; CABOR 2005 Commercial Realtor of the Year, and President, Rotary Club of Cleveland 2006. Mr. Browning is also active in the community. As a member of Leadership Cleveland, and Crain's Cleveland Business "40 under 40", he has provided a focused role in numerous civic service projects. Achievements 2007 CBRE President's Performance Award 2005 CABOR Commercial Realtor of the Year 1996 Crain's Cleveland Business "40 under 40"

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current
Leadership Cleveland member Former

David Reed is a Senior Vice President of CB Richard Ellis. Mr. Reed heads land sales, office leasing and new development activities for Legacy Business Park in West Plano. Mr. Reed has had leasing assignments in all major submarkets in the Dallas/Fort Worth Metroplex. Among these are One, Two and Three Lincoln Centre (1,600,000 SF) in Far North Dallas; 909 Lake Carolyn Parkway (360,000 SF) in Las Colinas; One and Two Legacy Town Center (360,000 SF) and Legacy Place I and II (298,000 SF) in the Upper Tollway submarket. Additionally, he has completed over 1 million square feet of office build-to-suit transactions and has been on the development team for five new Class A office projects in Legacy Business Park, including One Legacy Circle (214,000 SF), now under construction. Mr. Reed is also Director of Land Sales for the 404 acres in Legacy Business Park acquired in 2006. In the Spring, 2007, Mr Reed sold 50 acres in Legacy to Capital One and in addition secured the development management contract for this 300,000 SF People Center corporate campus development for CBRE subsidiary, Trammell Crow Development & Investment, DFW.

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current
Duke Realty Corporation Senior Leasing Representative Former

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current
Colliers International Property Consultants, Inc. Former
Cushman & Wakefield Inc. Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director, Poland Current

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current

Mr. Thau began his 25-year career in commercial real estate at Insignia/ESG, formerly Barnes, Morris & Pardoe, Inc. His performance as one of the top five brokers in the firm earned him a promotion to Managing Director of Insignia/ESG’s Maryland office in 1989. Since this time, his real estate activities have included restructuring, acquisitions, dispositions, financing, joint ventures and development. Overall, Mr. Thau has sold, developed and leased over $3 billion of commercial property. Mr. Thau has earned the reputation as one of the Metropolitan Washington, DC, region’s most successful owner representatives, servicing clients from diverse industries spanning the I-270 Corridor, the Dulles Corridor and downtown Washington, DC. Achievements Mr. Thau has earned the reputation as one of the Metropolitan Washington, DC, region's most successful owner representatives, servicing clients from diverse industries spanning the I-270 Corridor, the Dulles Corridor and downtown Washington, DC.

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current

Lew Horne serves as the Executive Managing Director of CB Richard Ellis' Greater Los Angeles region – one of the company's largest and highest producing regions worldwide, with 2006 revenue of over $285 million. Under his leadership, the LA Region has ranked #1 on LA Business Journal’s Top Brokerage Firms in Los Angeles consistently for many years, and among its Top Publicly Held Companies multiple times. Mr. Horne leads over 500 professionals and staff in offices across the LA North, LA South, and Inland Empire Regions, and is responsible for ensuring a financially sound and growing business. He directs the successful integration of all services lines and ensures the power of the CBRE platform is leveraged for the benefit of every client. With 20+ years in the business, Mr. Horne is well versed in all aspects of commercial real estate, and serves as an advisor to numerous leaders of major corporations and institutional ownerships. He is one of the foremost industry experts in Southern California, a sought-after speaker, and a highly respected CBRE leader. Professional Experience Senior Managing Director, Greater Los Angeles Region Managing Officer, Glendale, Commerce and Los Angeles Director of Professional Education Achievements Manager of the Year, Nationwide, 2003 Women's Network Endurance of Spirit Award, 2003 Benjamin Arthur Banker Educational Excellence Award, 2001 & 2002 James J. Didion Leadership Award, 1999 & 2000 Los Angeles Business Journal's Industrial Broker of the Year, 1994 3-time Colbert Coldwell Circle Member

Organization Position Status
CB Richard Ellis Group, Inc. Executive Managing Director Current

Marco Hekman is Managing Director of CB Richard Ellis B.V., The Netherlands, with a specific focus on the investment and valuation departments. Since joining the firm in 1998, he has played a key role in establishing the investment department as a leading consultancy business in The Netherlands. During the year 2005 the investment department was responsible for approximately € 2.2 billion of sales and acquisitions in The Netherlands. Mr Hekman is a member of the CB Richard Ellis EMEA Board as well as Vice Chairman of the CB Richard Ellis EMEA Investment Board.

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director, The Netherlands Current

Michael L. Gerard is a Senior Managing Director with CB Richard Ellis. He is responsible for goal setting, strategic growth initiatives, enterprise selling, cross-market collaboration, planning and performance management for eight offices across five states of the Midwest region. Service lines include brokerage, tenant representation, investment property sales, asset services / property management, facility management, project management, global corporate services, mortgage origination, valuation and advisory services. Mr. Gerard most recently served as the Managing Director of the Detroit office. This position entailed leading over 500 professionals and staff and was responsible for all metropolitan activity and ensuring a financially sound and growing business. He directed the successful integration of all service lines and the centralization of company resources for the clients’ benefit. Under his leadership, the Detroit region ranked #1 on Crain’s Detroit Business’ List of Top Brokerage Firms in Detroit With twenty-two years in the business, Mr. Gerard is well versed in all aspects of commercial real estate, and serves as an advisor to the leaders of major corporations and institutional owners. He is one of the foremost industry experts in the industry, a sought-after speaker, and a respected CB Richard Ellis leader. Prior to joining CB Richard Ellis, Mr. Gerard was an Executive Vice President and Managing Director with Grubb & Ellis, where he provided guidance on strategic planning, organizational direction, and the pursuit of long-term marketing objectives. While in this position, Mr. Gerard was also appointed National Director of the Telecom Group. Mr. Gerard has exclusively represented corporations such as Metropolitan Life Insurance Company, Affinia Corporation and Kelly Services, Inc. He has successfully closed over 990 lease and sale transactions with an aggregate consideration of over one billion dollars. Achievements * Member of CBRE America’s Eastern Division Executive Committee * Associate Broker Real Estate License Holder * Certified Commercial Investment Member * Licensed Valuation Specialist Real Estate Appraiser * Outstanding Achievement Award at Grubb & Ellis in 1991 & 1994 * Political Action Committee – South Oakland County Board of Realtors * Former Adjunct Instructor of Real Estate Finance at Wayne State University * One of the top 100 emerging business leaders by the Detroiter Magazine in 2003 * Named successful executive in Crain’s Detroit Business 40 under 40

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current
Grubb & Ellis Company Executive Vice President Former
Grubb & Ellis Company Managing Director Former

Organization Position Status
The American Foundation Vice President Current
CB Richard Ellis Group, Inc. Managing Director Current
The American Foundation Board of Directors Current
Fordham University Masters In Economics Former
Western Washington University BA Degree In Political Science Former

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Managing Director Current

Robert W. Walters has been actively involved in the real estate industry for 29 years. Throughout his career in real estate, he has participated in virtually every aspect of the real estate business including strategic planning, marketing, negotiation and management. As Executive Managing Director of CB Richard Ellis, Mr. Walters is dedicated to process driven results and quality client service. Mr. Walters has oversight for the real estate services operations for CBRE in the Philadelphia metropolitan area for southeastern Pennsylvania including the Philadelphia Downtown, Suburban, Lehigh Valley, Marlton, NJ and Wilmington, Delaware offices. Noteworthy accomplishments achieved during his twenty-nine (29) year career with CBRE include acceptance of the Frank J. Mahoney “Chairman” award for leadership. In 2007, Mr. Walters received the “President’s” Award for leading the Philadelphia Region to the top financial performance for CB Richard Ellis nationally. In 2007, Mr. Walters directed the successful integration of Trammell Crow Company after its merger with CB Richard Ellis. In 2003, Mr. Walters also led the local merger of CB Richard Ellis and Insignia/ESG, the two largest firms in the Philadelphia region. Mr. Walters began his career in real estate with CB in 1979 as an industrial sales/leasing specialist. As one of CBRE’s top salespersons in Philadelphia, Mr. Walters was later chosen as Vice President, Industrial Properties for the Eastern U.S. He is a licensed broker in Pennsylvania, New Jersey and Delaware and is currently a Board Member of the Tri-State Board of Realtors. Mr. Walters is involved in an advisory capacity for the CBRE National Partner and Joint Venture initiative. He is an active supporter of the William Penn Charter School, Northwestern, Virginia and Duke Universities. He is a past member of the Board of the Chestnut Hill Fathers Club, a founding member of Select Greater Philadelphia, and a current board member of Central Philadelphia Development Council (CPDC). Achievements * 2005 CBRE Chairman Award * Frank J. Mahoney Award for Leadership - Multiple Recipient

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current
Select Greater Philadelphia Former

Ronald Neyhart is the Senior Managing Director of CBRE’s Valuation and Advisory Services team. He is an accomplished professional with more than 20 years of national appraisal and valuation experience. His current responsibilities include directing the valuation and advisory division for the eight-state Southeast region and assisting the other nine regional offices around the country. Before entering the real estate business, Mr. Neyhart worked as a Staff Appraiser at an appraisal company and as an Account Executive at an investment firm. Some of Mr. Neyhart’s clients include J.P. Morgan, General Electric, Bank of America, Wachovia Bank, First Union, Southtrust Bank, TMW Real Estate Advisors, Lend Lease, Goldman Sachs, Lehman Brothers, Regions Bank, Merrill Lynch, Home Depot, TIAA and New York Life. Mr. Neyhart is licensed as a Certified General Real Estate Appraiser in Georgia, Tennessee, North Carolina, Alabama, South Carolina, Mississippi, Florida, Kentucky and Ohio. He is also a designated member of the Appraisal Institute, a global membership association of professional real estate appraisers.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director, Valuation & Advisory Services Group, SE Division Current

Organization Position Status
CB Richard Ellis Group, Inc. Executive Managing Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Senior Managing Director Current

Whitney Peyton is Senior Managing Director at CB Richard Ellis. He is responsible for managing the company's Minnesota operations, which are staffed by over 580 real estate professionals. He coordinates all the activities for two primary offices; Bloomington and Downtown Minneapolis, including overseeing new business development, client relations, and related services. He has 31 years of real estate experience with CB Richard Ellis, 16 have been in management. For the previous 15 years, Mr. Peyton was responsible for office and retail leasing and sales in and around the Twin Cities metropolitan area. This included an excess of 5 million square feet of space leased or sold. Prior to joining CB Richard Ellis, Mr. Peyton was employed by the First Bank of Minneapolis. Duties and responsibilities included repossessing cars and collection of loans. He finished his career at the bank writing residential real estate loans. Achievements Mr. Peyton was the recipient of the NAIOP 2005 President's Award, and the 2006 outstanding services awards for serving as the NAIOP Communications Committee Co-Chair and Secretary. These awards reflect Mr. Peyton's ongoing commitment and dedication to Minnesota's commercial real estate industry and community. Mr. Peyton is also the recipient of Realcomm's 2005 and 2007 "Digie Award" ("Digital" Impact Award). Mr. Peyton is a frequent speaker on matters relating to the real estate market both nationally and internationally, through his affiliations with the Minnesota Shopping Center Association, NAIOP, Minnesota / South Dakota CCIM Chapter, Minnesota Commercial Association of Realtors (MNCAR), Realcomm, and RCA. He has headed the MNCAR Task Force and built the Minnesota Commercial Property Exchange and led the industry in moving its commercial exchange to the WEB.

Organization Position Status
CB Richard Ellis Group, Inc. senior managing director Current

David Hardy is the Managing Director of CB Richard Ellis|Louisville, an affiliate office of CB Richard Ellis, Inc., and oversees the office properties team in Louisville, Kentucky. He brings with him more than 15 years of experience in the areas of landlord representation, seller representation and tenant representation. David had been with Grubb & Ellis/Commercial Kentucky and its predecessor firm, Commercial Kentucky, since 1993. His resume also includes work with Group Financial Partners, HFH Development Co. and Harry K. Moore & Son Realtors. He received his Bachelor of Science degree in Accounting from the University of Kentucky and studied law at the University of Louisville. Achievements 40 Over 40 Honoree, Midwest Real Estate News 2007 Past President of Kentucky CCIM chapter. Named 2003 Commercial Realtor of the Year by the Greater Louisville Association of Realtors. President of the Commercial/Industrial Division of the Greater Louisville Association of Realtors during 2000, 2001 and 2002. 1999 Winner's Circle Award - Fenley Real Estate Group 1998 Deal Maker's Award - Kennedy Wilson International

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current
University of Kentucky Bachelor of Science degree in Accounting Former

V. Jeffrey LiPuma is the managing partner for the CB Richard Ellis|Buffalo (CBRE|Buffalo) office, a Affiliate office of CB Richard Ellis, Inc. Prior to establishing the Buffalo office Jeff was a principal of Comvest Consulting, a Western New York area commercial real estate brokerage firm. Jeff is a current board member and past president of both the New York State Commercial Association of Realtors and the New York State Chapter of Certified Commercial Investment Members of the Commercial Investment Real Estate Institute. Jeffrey is also the past president of the Industrial Real Estate Council of Buffalo. Jeffrey also serves on several WNY area not for profit community boards. Achievements In 1990 Jeffrey received the Certified Commercial Investment Member (CCIM) designation the Certified Commercial Investment Member (CCIM) designation which involved additional graduate level education in real estate finance and taxation. In 2000 Jeffrey received the Specialist, Industrial and Office Real Estate (SIOR) designation, demonstrating his professional ability and high ethical standards. Jeffrey is an approved real estate instructor with the State of New York and has taught commercial real estate education courses at the State University of New York Collage at Buffalo. Jeffrey has published various articles on commercial real estate for the New York Real Estate Journal and for the national publication, Commercial Investment Real Estate.

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current
Sior Specialist Former

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current
Maestas & Ward Commercial Real Estate, LLC Vice President Former

Kelly Truitt serves as Principal Broker and President for CB Richard Ellis Memphis, an Affiliate Office of CB Richard Ellis, Inc., and is a member of the Board of Directors and Leadership Team. With over 22 years of experience in the commercial real estate business, he specializes in Corporate and Brokerage Services. Over the past 18 years, Mr. Truitt's team has been responsible for a large market share of representation services in Memphis, the Mid-South and across the United States. Achievements Vice Chairman, Memphis Zoological Society Immediate past Chairman, The Food Bank Past Chairman, Memphis Child Advocacy Center Former Vice President, Memphis Goodwill Industries

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current
Olympic Games Former

Organization Position Status
CB Richard Ellis Group, Inc. Partner office Current

Scott R. Dunnuck joined the CB Richard Ellis team of professionals as a partner in the company. As a graduate from the Florida State University Real Estate program, Mr. Dunnuck is well-versed in the underwriting and final analysis needed to acquire and sell commercial property. He began his career in 1989 with a national firm. After relocating to Naples in 1991, he worked in both local and regional commercial real estate offices. Mr. Dunnuck has specialized in investment property sales and landlord representation for leasing activities.

Organization Position Status
CB Richard Ellis Group, Inc. partner Current
Florida State University Bachelor of Science in Real Estate Former

William T. Forrest, a principal in the company, joined CB Richard Ellis/Oklahoma specializing in apartment sales in 1985. Working out of the Oklahoma City office, he and his brother, David, have formed the top apartment investment team in Oklahoma. They have been involved in the sale of over 275 properties since 1988 totaling over 47,700 units and $943,000,000 in consideration. William and David Forrest specialize in the excusive listing and sale of multifamily properties in Oklahoma. They take great pride in helping their clients achieve the highest possible sales price. They have represented both institutional and private capital clients with the sale of individual properties and portfolios up to 2,000 units. William and David are the premier source of detailed current and historic information for the Tulsa and Oklahoma City apartment markets. William and his brother, David, are consistently among the company's top producers. They are frequent speakers regarding multi-family topics for professional organizations such as NAIOP, IREM, appraisal organizations and economic forums and forecasts for the State of Oklahoma. They are regularly quoted in newspaper articles, in both Oklahoma City and Tulsa publications.

Organization Position Status
CB Richard Ellis Group, Inc. Partner Current

As a Commercial Sales Associate, Andrew Dollinger brings over 18 years of retail real estate marketing experience to CB Richard Ellis/Rochester. Andrew specilaizes in retail properties, concentrating primarily on owner and landlord representation. Andrew began his real estate career in the City of Boston Real Property Department. He has negotiated and structured a multitude of complex commercial real estate transactions including: ground leases; fee simple transfers; building leases; forebearance agreements; easements; licenses; and lease terminations. Andrew's real estate concentration is in exclusive marketing and leasing of retail commercial properties, and consulting on strategic positioning and site selection for expanding retailers. His practice further includes loan workouts and disposition of surplus retail properties. He has been quoted in many regional and national publications regarding retailing and retail commercial real estate in the Upstate New York markets.

Organization Position Status
CB Richard Ellis Group, Inc. Assoc Director Current

Organization Position Status
CB Richard Ellis Group, Inc. Director of Project Management Current
Lincoln Property Company Vice President Former

Elke S. Laughlin serves as Vice President for CB Richard Ellis' Americas Brokerage. In this capacity, Ms. Laughlin employs a strategic planning approach to accelerate the development of emerging industry and vertical niche-practice groups; at this time, focusing on Land Services, the Technology Practice Group and the Life and Bioscience practice. Ms. Laughlin has carved a niche in the area of professional coaching and development with the sales professionals to bring about organizational transformation and increased team performance. Professional Experience In 1992, Ms. Laughlin began her career with CB Richard Ellis as the Administrative Manager of the Houston Downtown brokerage office and was promoted to Assistant Vice President for the Houston Area Operations in 1995. In 1998, Ms. Laughlin was promoted to Regional Director of Human Resources & Administrative Services for the Southwest Region. In 2001, Ms. Laughlin was named Marketing Director of Brokerage Operations for the Houston market. In 2003, Ms. Laughlin became the management liaison to the CBRE Self Storage Advisory Group, a national practice which specializes in the acquisition and disposition of institutional and private capital self storage real estate. In 2007, Ms. Laughlin was promoted to Vice President for CBRE’s Americas Brokerage. Achievements Ms. Laughlin's team oriented leadership skills have been recognized corporate wide. In 2002, Ms. Laughlin spearheaded the first company-wide Sales Professional's Mentoring Program. In 2001, Ms. Laughlin was appointed to a company-wide advisory board for the Women's Networking Forum. Ms. Laughlin was appointed by CBRE Board of Directors' sales professional representative as the first Operations Manager to serve as a committee member for the 1999-2000 Professional Advisory Committee.

Organization Position Status
CB Richard Ellis Group, Inc. Director of Brokerage Services Current

Organization Position Status
CB Richard Ellis Group, Inc. Director of Asset Services Current
Kucera Management, Inc. Director of Property Management Former
Asset Services Corporation Director Former

Lynn M. Sedway, CRE, is Executive Managing Director of CBRE Consulting, the successor entity to Sedway Group, the real estate and urban economics consulting firm she formed in 1978. Since founding the firm, she has led its consulting practice – which includes market studies, highest and best use studies, economic and financial analysis and fiscal assessments – which has earned an unsurpassed reputation in its field for innovative thinking, sound research and objective advice. Ms. Sedway’s major areas of specialization include public-private partnerships, negotiation, redevelopment, market studies, complex valuation analysis and corporate real estate. She also has extensive experience in evaluating market trends for major land uses, including residential, retail, office and mixed-use projects, and has testified as an expert witness in the areas of market and financial feasibility, valuation and real estate economics. Ms. Sedway is a frequent speaker at major real estate conferences. Among her professional affiliations, she is a past member of the Board of Trustees of the Urban Land Institute; a past president of the Golden Gate Chapter of Lambda Alpha, an international honorary land-economics society; and a member of the Counselors of Real Estate. She is also a licensed real estate broker in the state of California.

Organization Position Status
Sedway Group President Current
CB Richard Ellis Group, Inc. Executive Managing Consulting Director Current
Hunting Gate Investments, Inc. Board of Directors Current
HgCapital Advisory Board Member Current
Berkeley Haas School of Business Policy Advisory Board Member Current
Sedway Group Executive Managing Director Current
Alexander & Baldwin, Inc. Board of Directors Former
University of California, Berkeley MBA in Real Estate and Urban Economics Former
University of Michigan B. A. in Economics Former

Organization Position Status
CB Richard Ellis Group, Inc. Director of Brokerage Current

Kent Kerr has been involved in the commercial real estate field in the Caribbean region for over fifteen years. In his role as Director of The Caribbean Agency Services for CB Richard Ellis, Mr. Kerr is responsible for the continuing establishment of the firm’s agency services in the region he oversees, including the Bahamas, Bermuda and Greater and Lesser Antilles. Mr. Kerr is currently involved in the multiple brokerage assignments and development projects throughout the region. Prior to joining CB Richard Ellis, Mr. Kerr was Managing Director of Terrkerr Investments Ltd. in Freeport, Bahamas. During his tenure, Mr. Kerr was involved in numerous international real estate transactions, both in residential and commercial leasing and investment. As chief coordinator of the Explorer’s Mall in Freeport, Bahamas, Mr. Kerr was instrumental in the development and leasing of the project. His duties as coordinator included the preparation of an overall feasibility study that consisted of a financial and market analysis, arrangement of financing and the selection of a general contractor for the project. Mr. Kerr was also involved in the tenant leasing and management phase of the project.

Organization Position Status
CB Richard Ellis Group, Inc. Manager of The Caribbean Agency Services Current

Wayne Black is an Associate within the Retail Advisory Services Specialty and serves as the Project Administrator for Resort Retail Services. In this capacity, Mr. Black's responsibilities include account and project management, execution of various research assignments and the maintenance of the Resort Retail Services business platform. Wayne is also the Single-Point-of-Contact for the firms that handle CB Richard Ellis Hawaii's advertising and public relations, which includes, coordinating and maintaining all ad and public relations materials, as well as print advertising for publications. Once joining CB Richard Ellis in 2000, Mr. Black worked as the Marketing Specialist in the Retail Advisory Services Division as the administrator to the needs of ten agents and their individual projects. In this capacity he was primarily responsible for directing, coordinating, and creating specialized marketing materials for retail specific projects, including market data reports, property status reports, proposals (leasing, investment, and management), presentations, and offering memoranda, as well as maintaining the information flow of all ongoing projects. Prior to joining CB Richard Ellis, Wayne worked in Retail Operations as the General Manager of numerous Blockbuster Video locations throughout New Hampshire and the Greater Boston area of Massachusetts. Achievements * CB Richard Ellis Hawaii, Inc. Support Staff Person of the Year - 2001

Organization Position Status
CB Richard Ellis Group, Inc. Administrative Assistant to the Senior Real Estate Manager Current
Blockbuster, Inc. General Manager Former

Organization Position Status
CB Richard Ellis Group, Inc. Senior Manager, Real Estate Current

Organization Position Status
CB Richard Ellis Group, Inc. Associate on the Retail Team Current
Commercial Realty Group, Inc. Former

Billy Downing is a results-driven entrepreneur who has an extensive background in both real estate and in youth sports. Downing started his real estate career working as an Analyst for Sacramento Pacific Partners, before moving to an Associate position at CB Richard Ellis. Downing then spent three years with PFF Bank & Trust as a commercial lender.

Organization Position Status
Esm Group, Inc. Chief Executive Officer Current
Sacramento Pacific Partners Analyst Current
CB Richard Ellis Group, Inc. Associate Current
PFF Bank & Trust Inc. Former

Carrie Bobb joined CB Richard Ellis’ San Diego office in 2003. Carrie’s primary focus is retailer representation and has negotiated over $355 million in total consideration, consisting of over 1.5 million square feet. Carrie has represented both tenants and landlords throughout San Diego, Riverside and Imperial Counties. Her enthusiasm for the business along with her knowledge of San Diego County retail properties allows her to deliver customized solutions with speed and creativity. Carrie is a member of the CBRE Southern California Retailer Services Group. Achievements Southern CA Real Estate Top 30 Under 30 Rookie of the Year - 2005 VP External Affairs, USD Graduate School of Business Board

Organization Position Status
CB Richard Ellis Group, Inc. Associate Current

Array

Organization Position Status
Newquist Commercial Properties Executive Current
Arizona State University Bachelor of Arts In Communication Former

Cathy Baier formed BC Development Co. after spending a total of 3 years working as an investment broker for CB Richard Ellis and 12 years as a contracting officer for the General Services Administration. While at CBRE, Cathy specialized in GSA lease build-to-suits and brokerage investment properties throughout the country. While at GSA, Cathy served as a leasing contracting officer handling the region's largest, most visible build-to-suit leased projects in Missouri, Kansas, Iowa, and Nebraska. She awarded over $350 million in federal lease contracts, managed the construction projects and supervised 1.6 million square feet of GSA leased space in downtown Kansas City, MO. She possesses an in-depth knowledge of federal procurement policies, procedures, and politics. Cathy's distinct advantage comes from her background in the leasing of GSA commercial properties, and her extensive expertise in evaluation and development of real estate from both a governmental user as well as an owner's prospective.

Organization Position Status
US General Services Administration Contracting Officer Current
CB Richard Ellis Group, Inc. Broker Current
BC Development, LLC Principal Current
G S A Owner Former
G S A Contracting Officer Former

Corey Lonberger joined CB Richard Ellis in 2002 as a Marketing Specialist. During this period, Corey has been active in the process of pursuing under 100 units in Philadelphia MSA. Corey has been an intricate part of the Miller McFadden Team. His responsibilities have included performing rental market analysis, financial underwriting and conducting property tours. Corey has been an excellent addition to an established and successful team. The Miller McFadden Team is recognized as one of the top apartment/ investments brokers in the company. Corey has performed research of comparable sales, market analysis and is knowledgeable on current rental market conditions in the Philadelphia MSA market. This team provides its clients with over 50 combined years of local market knowledge and apartment sales expertise

Organization Position Status
CB Richard Ellis Group, Inc. Marketing Specialist Current

Crystal Houston specializes in office sales and leasing through landlord and tenant representation. Since 1997 she has been involved in over 380 transactions totaling over 2.3 million square feet and valued at $92 million dollars. Prior to office leasing, Ms. Houston was an office administrator for CB Richard Ellis.

Organization Position Status
CB Richard Ellis Group, Inc. office administrator Current

Dan Richardson is an 19-year veteran of CB Richard Ellis specializing in Landlord and Tenant representation for the leasing and sale of office properties in the Indianapolis Metropolitan market. With his strong reputation and focus in office properties, Mr. Richardson is consistently recognized as one of Indianapolis' top brokers. During his tenure with CB Richard Ellis, he has been involved in over 1,000 transactions with a value in excess of $1 Billion dollars. Mr. Richardson has been a member of CB Richard Ellis' Chairman's Club, which recognizes the top 5% of CB Richard Ellis' national sales professionals, on three occasions. He has also been recognized as one of the top five producers in the Indianapolis office numerous times. Mr. Richardson has recently been promoted to Senior Vice President. In 2001 Mr. Richardson was recognized as the BOMA Broker of the Year, which is awarded annually by real estate brokers and building owners. Achievements Chairman's Club 1994, 1996, 1998 Top Five, Indianapolis Office, 2000, 2001, 2002, 2006, 2007 Team Achievement Award 2000 Broker of the Year 2001, Building Owners and Managers Association (BOMA) Largest Single Transaction Award 1999, 2001, 2002, 2004, 2005 Largest Number of Transactions Award, 2006

Organization Position Status
CB Richard Ellis Group, Inc. Database Coordinator Current
CB Richard Ellis Group, Inc. member Current

Organization Position Status
CB Richard Ellis Group, Inc. Client Accounts Current

Mr. Poole joined CB Richard Ellis in 2007 to focus on the Florida markets of Volusia, Flagler and Brevard counties. After leaving the military as an aviator and test pilot in 1994, Erik first began his real estate career working with the acquisition, development and sale of investment properties. In 1996, he joined the Atlanta commercial real estate brokerage firm of Bryant and Associates. That organization was then purchased by the St. Joe Paper company and was reorganized as the commercial real estate company Advantis. At Advantis Erik focused on investment properties and office brokerage where he represented tenants and landlords in both the leasing of property as well as sales. In 1997, Mr. Poole was recruited by Merchants Resource who exclusively represented Thomas Enterprises, a large development company in Atlanta who developed large retail and mixed-use/lifestyle centers throughout the south eastern United States as well as select markets as far west as California. Erik was first recruited to head-up the development of office properties within the mixed-use centers but he quickly adapted to the retail market and a vast portfolio of over 15 million square feet. A majority of those power and grocery anchored centers were then sold to the REIT Inland, who recently sold those properties to Developers Diversified. In 2000, Erik was recruited to work for Staubach Retail services and worked on multiple transactions to include Target, Home Depot, Lowes, Publix, Kohls, HH Gregg and numerous others. The day after the events of September 11, 2001, Major Erik Poole volunteered to return to active duty for a period of 90 days. The initial 90 day active duty stint evolved into a one year active duty period which extended to a second year. Major Poole could have left active duty after the second year but agreed to remain on active duty after being requested to stay on by his superiors. Having closed over 1,000 lease and sales transactions for investment, retail, office and raw land properties, Erik is now focused on providing the markets of Volusia, Flagler and Brevard counties the worldwide services of CB Richard Ellis on a local level. With a Master’s degree in Health Services Administration, Erik has also focused his efforts in healthcare real estate transactions.

Organization Position Status
CB Richard Ellis Group, Inc. Commercial Real Estate Executive Current
New Home Connection, Inc. Broker Associate Former

Frances Okazaki is responsible for overseeing the Office Properties department of CB Richard Ellis, Inc. While her real estate experience spans over 20 years, she joined Coldwell Banker Commercial (predecessor to CB Richard Ellis) in 1987 as an office leasing specialist. She has been a consistent winner of the Top Five Award and the Special Achievement Award for leadership and exceptional service to clients. For many years, she led the office leasing department that continues to be a dominant force in the market place. In 1995 she transitioned to the Investment Properties Department and joined the Asia Pacific Advisory Group. In 1997, she was promoted to Sales Director, became Managing Director in 1999 and has been very instrumental in the reorganization of the then employee-owned CB Richard Ellis Hawaii office.

Organization Position Status
CB Richard Ellis Group, Inc. office leasing specialist Current
CB Richard Ellis Hawaii, Inc. Former

Organization Position Status
CB Richard Ellis Group, Inc. associate focusing Current

Gary joined CB Richard Ellis’ Los Angeles office in 1971 as an industrial and investment property specialist. After participating on teams to establish offices in the Chicago area in 1975, he served in a variety of Midwest and Eastern management positions until being elected President of Commercial Brokerage and Corporate Services in 1987. In May 1995, he was named President and General Manager of the Company. With the merger of CB Commercial and Richard Ellis in April 1998, Gary joined the newly formed Global Corporate Services unit as a Senior Executive Managing Director. Gary was born in San Francisco in 1946. Gary and his wife, Kathy, have lived in Northbrook, Illinois since 1975, and have two sons, Paul and Mark. With an interest in furthering and supporting inner city and character value education, Kathy and Gary are active with the Schools That Can (STC - Chicago) and The Marine Corps Scholarship Foundation. Achievements Recipient of 1967 Heisman Memorial Trophy Recipient of 1968 NCAA Scholar/Athlete Award 1988 Inductee of College Football Hall of Fame

Organization Position Status
CB Richard Ellis Group, Inc. Senior Executive Current
The First American Corporation Board of Directors Current
CB Richard Ellis Group, Inc. Senior Executive Managing Director Former

George B. Atkinson joined the CB Richard Ellis team of professionals in 2001 as an associate. Prior to joining CB as a full time real estate broker, Mr. Atkinson was active in the Southwest Florida real estate market as a commercial appraiser. Throughout his career, he has performed assignments for a multitude of clients including investors, owner/users, financial institutions and the RTC. He has extensive experience in the analysis of real estate for both fee simple and partial interests, with a strong background in the analysis of office properties, commercial marinas, retail centers, industrial properties and vacant land tracts. Mr. Atkinson has also qualified and testified as an expert witness with respect to real estate matters in the Collier County Circuit Court and the Federal Bankruptcy Court.

Organization Position Status
CB Richard Ellis Group, Inc. associate Current

Mr. Bayless joined CB Richard Ellis in 2003 as a First Vice President, specializing in the representation of tenants and landlords for office properties. Mr. Bayless has been instrumental in the strategic positioning of his client's assets to create maximum negotiating leverage on their behalf. He has facilitated transactions with such clients as Syntellect, Cigna Healthcare, Petsmart, AIG Insurance, USAA Insurance, and Waste Management. His strengths include; leadership, creativity, relationship building, market knowledge, and implementation of successful leasing and sales strategies.

Organization Position Status
CB Richard Ellis Group, Inc. senior associate Current

Jane Dizona has been in the commercial real estate industry since 1984, when she joined the Tampa Office of CB Richard Ellis, Inc. as an Office Property Specialist. In the past ten years, Ms. Dizona has successfully negotiated leases totaling over $200 million in consideration and sales transactions totaling over $80 million. Ms. Dizona's clients benefit from her extensive experience representing both tenants and landlords, as well as her commitment to her clients and her attention to detail. Ms. Dizona has assisted building owners, such as Parkway Properties and Prudential Real Estate Investors, maximize the value of their properties, and has been instrumental in accomplishing their underwriting, financing and exit strategies. Sales experience includes disposing of improved and unimproved properties for clients such as Allstate Insurance, Cigna Healthplan and HCA Healthcare, as well as assisting firms with acquisitions, ranging from 2,000 to 310,000 square feet. Involvement in build-to-suit projects ranges from two 10,000 square foot free standing buildings for Morgan Stanley, to Allstate's three building, 310,000 square foot complex in Carillon Office Park. Ms. Dizona was awarded the CB Richard Ellis Tampa Number One Sales Award in 1994, Top Five Sales Award in 1995, 1996, and 2003 and consistently ranks in the Top Ten. She earned her Vice President title in 1996 and her First Vice President title in 2007 for consistently high achievement. In 1994 she was awarded The Pinnacle Award for Top Office Broker in Tampa Bay and the Senior Status Award in 1998 for achieving the Pinnacle Award for five consecutive years. In 1997, Ms. Dizona earned her SIOR designation.

Organization Position Status
CB Richard Ellis Group, Inc. Office Property Specialist Current
Asset Services Corporation Vice President Former

Jeff Kaiser joined CB Richard Ellis in 2000 as an Office Properties Specialist. Mr. Kaiser is experienced in both landlord agency and tenant representation, and is particularly noted for his expertise in the Downtown St. Louis and Clayton office markets. Current landlord agency assignments total over 1.6 million square feet in Downtown and 350,000 square feet in Clayton. Prior to joining CBRE, Mr. Kaiser held various office and field positions at locally-based McCarthy Construction, the nation's 20th largest contractor as ranked by Engineering News-Record. His construction experience and engineering background have proven to be a significant benefit for his clients. Achievements: St. Louis Business Journal Forty-Under-Forty - 2008 Top 5 Producer - 2005, 2007 St. Louis Business Journal Heavy Hitter - 2005, 2006 CoStar Group Top 20 Broker in St. Louis - 2005, 2006

Organization Position Status
CB Richard Ellis Group, Inc. office Properties Specialist Current
CoStar Group, Inc. Former

Array

Organization Position Status
Legacy Growth Partners Associate at Cb Richard Ellis Current
Seattle Seahawks Former

Organization Position Status
CB Richard Ellis Group, Inc. Administrative Assistant Current

Organization Position Status
CB Richard Ellis Group, Inc. investment property specialist Current
Merrill Lynch & Co., Inc. stockbroker Former

Lee Diamond is a Vice President with CB Richard Ellis. He is an integral part of Corporate Services in the Denver office and specializes in strategic consulting and lease restructuring for corporate clients. Lee plays an important role in local tenant representation within the Denver marketplace, as well as multi-market portfolio optimization. His aggressive, can-do approach to the business has consistently awarded him with opportunities to serve his clients. Lee’s professional experience includes exposure to real estate development and brokerage both from a Landlord and Tenant perspective. He joined CB Richard Ellis in 2004 to focus solely on Tenant Representation and Corporate Service Delivery. In the past 10 years, he has been involved with more than 360 transactions totaling in excess of 2,000,000 square feet.

Organization Position Status
CB Richard Ellis Group, Inc. Senior Associate Current
Bourn Partners, LLC office broker Former

Mark Palmer joined CB Richard Ellis in 1981 as an Office Properties Specialist. Mr. Palmer was awarded the “Commercial Realtor – Associate of the Year” St. Louis in 1991 and has been the Top Producer of the CB Richard Ellis St. Louis office from 1988 through 1994 and 1996 through 2006. Mark also received the National Colbert Coldwell Circle Award for Top Production as presented by CB Richard Ellis in 1994 and 2002. Mark also served as Managing Director from 2004 to 2006, providing senior leadership to the Landlord Marketing team as well as leading major leasing assignments. Prior to joining CB Richard Ellis, Mark worked for five years in the commercial mortgage banking industry with Norwest and Mercantile Mortgage Companies.

Organization Position Status
CB Richard Ellis Group, Inc. Office Properties Specialist Current
Norwest Corporation Former

The Wall Street Journal has written, “(There is) an exceedingly small club of women who have managed to move to the top of the brokerage business. That club’s most prominent member is Mary Ann Tighe.” Crain’s New York Business has named Mary Ann the 4th most powerful businesswoman (across all industries) in New York City, and the New York Post placed her #4 on their “Most Influential Women in New York” list, saying, "New York, New York, it's her kind of town—literally." Indeed it is. From the revitalization of Times Square and the rebirth of Downtown to the westward expansion of Midtown's central business district, Mary Ann Tighe has been at the forefront of the transformation of New York's skyline during her 24 years in the real estate industry. Mary Ann has conceived, structured and negotiated virtually every form of deal including ground leases, air rights acquisition and disposition, net and gross leases, government incentive packages, and a range of equity transfers from partnership and condominium interests through fee simple sales. She has been responsible for over 73 million square feet of commercial transactions, and her deals have anchored more than 5.65 million square feet of new construction in the New York region—believed to be a record in commercial brokerage. Mary Ann has been CEO of CBRE’s New York Tri-State Region since 2002, a region of 2,125 employees. Under her leadership, CBRE has become New York's preeminent firm, outdistancing all competitors in market share, revenue and margins. Mary Ann is a six-time winner of the Real Estate Board of New York's Deal of the Year awards for ingenious brokerage. Recently, Mary Ann won the 2007 Henry Hart Rice Achievement Award for the visionary transaction that brought global creative agency Grey Group as the anchor tenant to 200 Fifth Avenue. She received the 2004 Louis Smadbeck Memorial Broker Recognition Award, REBNY’s highest award in brokerage. Most significantly, Mary Ann has enjoyed unbroken, long-term relationships with a number of public and private companies and non-profit organizations, shaping and implementing their real estate strategies for large and small projects. Her on-going accounts include the Archdiocese of New York, CIT, Condé Nast, Crain's, Limited Brands, Medco, The New York Times Company, The Conference Board and WPP Group. Mary Ann began her real estate career as a broker at the Edward S. Gordon Company, ultimately rising to the position of Vice Chairman of Insignia/ESG, where she was regularly recognized among the firm's top producers. Prior to entering the real estate field, Mary Ann served as a Vice President of the American Broadcasting Companies, where she launched the A&E cable channel. Recognized nationally for her expertise in the arts, Mary Ann was also formerly the Deputy Chairman of the National Endowment for the Arts, Arts Advisor to Vice President Walter Mondale, and a staff member of the Smithsonian Institution. Achievements * Appointed to the Executive Committee of the Board of Governors of the Real Estate Board of New York (REBNY) in 2001. Currently Vice President of the Executive Committee. * REBNY’s 2009 Bernard H. Mendik Lifetime Achievement Award * REBNY’s 2007 Henry Hart Rice Achievement award (Deal of the Year) * REBNY’s 2004 Louis Smadbeck Memorial Broker Recognition Award, REBNY’s highest award in brokerage * REBNY's 2002 Most Creative Retail Deal of the Year * REBNY's 2002 Henry Hart Rice Achievement award (Deal of the Year) * REBNY's 1998 Robert T. Lawrence Memorial award (Deal of the Year) * REBNY's 1997 Henry Hart Rice Achievement award (Deal of the Year) * REBNY's 1992 Robert T. Lawrence Memorial award (Deal of the Year) * NAIOP’s 2003 New York Deal of the Year award * NAIOP’s 2002 New Jersey Deal of the Year award * Commercial Property News’ 2004 “Rising Executive” award

Organization Position Status
CB Richard Ellis Group, Inc. Head, New York Tri, State Region Current
American Broadcasting Companies, Inc. Vice President Former
National Endowment for the Arts Deputy Chairman Former
Smithsonian Institution Staff Member Former

Peter Finn is the Executive Vice President and a principal of the Syracuse office of CB Richard Ellis. With over 25 years of experience in the field of commercial/industrial real estate, Peter has consistently led the Syracuse office in total sales volume, number of transactions completed and total commissions earned. Peter's primary focus of attention is in the following: tenant (office) representation, sales/leasing of both office buildings and industrial facilities, and the selling of multi-family housing units. Mr. Finn is also directly responsible for the operations of the commercial office buildings controlled by CB Richard Ellis/Syracuse. For approximately 10 years, Peter served as the Upstate New York Outreach Broker for Grubb & Ellis and for over 20 years, Peter has served as the real estate consultant for St. Joseph's Hospital Health Center, the largest hospital in Central New York.

Organization Position Status
CB Richard Ellis Group, Inc. principal Current
Grubb & Ellis Company Former

Rachel Yockey is the Client Services Specialist for the Indianapolis Office team. Rachel is responsible for overseeing the administrative and marketing functions of the team which include: the creation and distribution of all marketing materials, direct marketing campaigns, property tours, proposals, presentations, reporting, the team website, and the team database. Rachel also works closely with clients to ensure we are providing the highest level of service possible. Rachel joined CB Richard Ellis in May of 2002 as an intern, and joined the Indianapolis Office team in November of 2003. Achievements * Outstanding Achievement in Administration for the Indianapolis office, 2004

Organization Position Status
CB Richard Ellis Group, Inc. intern Current

Stan Stouder has been successful since 1981 in the SW Florida real estate market as a broker, corporate site selector and developer. After 8 years of operating his own company, he merged in June 1998 with 2 other companies to form CB Richard Ellis, Ft. Myers-Naples, FL. Stan's real estate acumen is demonstrated as a perennial producer, teacher and award-winning author. He serves on the Lee County Land Advisory Committee and is the author of the Industrial narrative for CB Richard Ellis' bi-annual Market Index. After caring for his wife and 5 children, Stan enjoys motorcycling and tennis. After serving as the Regional Director of Development for Twistee Treat, Mr. Stouder accepted various commercial, industrial and investment real estate assignments. He has been involved with site selection, fee work for banks and attorneys, buyer representation and buying/selling mortgages at a discount. Achievements * Market Watch 2008-2009 Commercial Real Estate overview presented by Stan Stouder * 2008 CCIM Outlook Conference – Industrial Speaker * “Marketplace Wisdom” – Host for weekly TV show on WRXY Television * The News-Press Market Watch - commercial presenter for annual real estate symposium * Publications: Florida Realtor July 2006 – Editorial Excellence Award Dec 1996 – Excellent Content Editorial Award Mar 1993 – Best Article of the Year Award * 3rd Degree Black Belt * Master Practitioner, Communication Skills - Neuro-Linguistic Programming

Organization Position Status
CB Richard Ellis Group, Inc. author Current
Twistee Treat Corp Regional Director of Development Former

Organization Position Status
CB Richard Ellis Group, Inc. Associate Current
University Corp. Former

Organization Position Status
BLUM Capital Partners, L.P. President Current
BLUM Capital Partners, L.P. Founder Current
The American Himalayan Foundation Founder Current
Nfoic Coordinator of the Sunshine In Government Initiative Current
Newbridge Capital, LLC Co-Chairman Current
Ucop Chairman Current
The American Himalayan Foundation Chairman Current
CB Richard Ellis Group, Inc. Chairman Current
The World Conference Limited Co-Chairman Current
BLUM Capital Partners, L.P. Chairman Current
Glide Foundation Board of Directors Current
Glenborough Realty Trust, Inc. Board of Directors Current
World Wildlife Fund, Inc. Board of Directors Current
The Wilderness Society Board of Directors Current
California Academy of Sciences Board of Directors Current
Endeavor Group Board of Directors Current
The American Cancer Foundation Board of Directors Current
Newbridge Capital, LLC Co-Founder Former
BLUM Capital Partners, L.P. partner Former
Sutro & Co. Former
The Regents Chairman Former
URS Corporation Board of Directors Former
National Education, Inc. Board of Directors Former
The American Himalayan Foundation Board of Directors Former
University of California, Berkeley M.B.A. Former
Indiana University Master's Degree Former
University of California, Berkeley B.A. Former
URS Corporation member Former

Organization Position Status
Freeman Spogli & Co. Founder Current
Edison Mission Group Inc. Board of Directors Current
Edison International Board of Directors Current
Edison Ethics and Compliance Office Board of Directors Current
Southern California Edison Company Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
Sage Investment Banking Board of Directors Current
Edison International Compensation & Executive Personnel Committee Member Current
Dean Witter Reynolds Managing Director Former
Freeman Spogli & Co. General Partner Former
Harvard Business School MBA Degree Former
Stanford University Graduate Former
Harvard University Master's Degree In Business Administration Former
Stanford University B.A. Former

Organization Position Status
Thayer Capital Partners, L.P. Chairman & CEO Current
Thayer International Group Founder of Thayer, Co-Chairman Current
Thayer Lodging Group Co-Chairman Current
Afocr Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
Thayer Capital Partners, L.P. Board of Directors Current
Marriott Hotels & Resorts President Former
Triangle.Com Co-Founder Former
McKinsey & Company, Inc. Management Consultant Former
FPL Group, Inc. Board of Directors Former
Northwest Airlines Corporation Vice Chairman Former
Northwest Airlines Corporation Board of Directors Former
Automatic Data Processing, Inc. Board of Directors Former
Harvard Business School M.B.A. Former
United States Military Academy B.S. degree Former
Presidents Council member Former

Organization Position Status
Duke University Trustee Current
Wharton School, University of Pennsylvania Board of Overseers Current
Stone Canyon Venture Partners, L.P. Chairman of the Board Current
NeoSpire, Inc Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
Northwest Airlines Corporation Board of Directors Current
Yahoo! Inc. Board of Directors Current
Progress Rail Services Corporation Board of Directors Current
KLM Royal Dutch Airlines Member Current
Marriott Corporation Chief Financial Officer Former
The Walt Disney Company Chief Financial Officer Former
Disney Co Chief Financial Officer Former
Marriott Corporation Executive Vice President Former
The Walt Disney Company Executive Vice President Former
Disney Co Executive Vice President Former
Northwest Airlines Corporation Chairman Former
The Walt Disney Company Board of Directors Former
Wharton School, University of Pennsylvania MBA Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
Duke University Bachelor's Degree Former

Organization Position Status
BLUM Capital Partners, L.P. Vice President Current
CB Richard Ellis Group, Inc. Board of Directors Current
BLUM Capital Partners, L.P. Investment Partner Former
Superior Bancorp Principal Former
Stanford Graduate School of Business MBA Former
Dartmouth College BA Former

Organization Position Status
CB Richard Ellis Group, Inc. Board of Directors Current
Georgetown University J.D. Former
Vanderbilt University B.A. Former

Patrice M. Daniels, a director since May 2006, is currently providing financial consulting services. Previously, Ms. Daniels was Senior Vice President, Originations, for GE Capital from June 2006 until June 2007. From November 2005 until June 2006, she served as Chief Operating Officer of International Education Corporation, a private post-secondary education company. From its founding in 2001 until 2005, Ms. Daniels was a partner of Onyx Capital Ventures, L.P., a private equity investment firm. She previously served as Managing Director, Corporate and Leveraged Finance for CIBC World Markets and Bankers Trust Company, investment-banking firms. Ms. Daniels is a member of the board of directors of Cenveo, Inc. (NYSE:CVO) and serves as a member of the board of directors of CB Richard Ellis Group, Inc. (NYSE:CBG). She holds a B.S. from the University of California, Berkeley and an M.B.A. from the University of Chicago Graduate School of Business.

Organization Position Status
Cenveo, Inc. Board of Directors Current
WAV, Inc. Director Current
University of Chicago Graduate School of Business Board of Directors Current
CB Richard Ellis Group, Inc. Board of Directors Current
Cenveo Board of Directors Current
Bankers Trust Company Inc. Managing Director Former
WJ Communications Incorporated Board of Directors Current
CB Richard Ellis Group, Inc. Chair, Audit Committee Former
University of Chicago Graduate School of Business M.B.A. Former
University of California, Berkeley B.S. Former

Organization Position Status
CB Richard Ellis Services Chief Executive Officer Current
CBRE Realty Finance, Inc. Interim CEO and President Current
Nexregen, LLC Founder Current
Arc Global Partners, LLC Managing Partner Current
Allied Security Holdings LLC Manager Current
Allied-Barton Security Services Director Current
Nexregen, LLC Board of Directors Current
CBRE Realty Finance, Inc. Director Current
CB Richard Ellis Group, Inc. Vice Chairman Current
Koll & Company President Former
CBRE Realty Finance, Inc. Manager Former
Golden State University MBA In International Management Former
Golden Gate University M.B.A. In International Management Former
CBRE Realty Finance, Inc. Chairman Current
Golden Gate University M.B.A. In International Management Former
California State University BA Former
California State University, Long Beach B.A. Former

Michael Bronstein has over 26 years of experience with CB Richard Ellis. During his career, he has participated in every aspect of the commercial real estate business. He has successfully negotiated and closed over 700 transactions totaling in excess of 7,800,000 square feet with a consideration of over $1.80 billion. Mr. Bronstein has extensive Institutional Portfolio and Landlord representation experience. Current responsibilities focus on Landlord and Tenant representation in the Philadelphia and suburban Pennsylvania office market. Mr. Bronstein has been selected to be a member of the CB Richard Ellis – Technology Practice Group. Part of Corporate Services, this group is dedicated to servicing the fast-paced growth and worldwide expansion within the converging telecommunications and high technology business sectors. Mr. Bronstien's long-term approach to client relationships focuses on the clients strategic, financial and technical objectives and develops real estate programs and efforts to accomplish these goals on schedule and budget. Prior to joining CB Richard Ellis, Mr. Bronstein was employed by Drexel University as Director of Marketing, Director of Graduate Placement and Assistant Director of Graduate Placement. Achievements * CB Richard Ellis Chairman's Club * Philadelphia Board of Realtors Achievement Award * Philadelphia Broker of the Year Award * Regional Top Ten Sales Award- Multiple Recipient

Organization Position Status
CB Richard Ellis Group, Inc. member Current

Organization Position Status
CB Richard Ellis Group, Inc. member Current
State of Florida.Com Former

Executive News

  • Mary Ann Tighe Named Chairman of the Real Estate Board of New York

    Reuters - 9/08/09 - View Story

  • CBRE execs reveal growth plan

    Biz Journals - 9/01/09 - View Story

  • CBRE execs reveal growth plan: Trammell Crow veterans to focus on cost controls, outsourcing services

    Twin Cities Business Journal - 9/01/09 - View Story

  • Loeb Realty Buys Poplar Retail Center

    Memphis Daily News - 8/29/09 - View Story

  • County Commission To Consider Consolidation

    Memphis Daily News - 8/29/09 - View Story

  • Grants Awarded For Area Road Projects

    Memphis Daily News - 8/29/09 - View Story

  • Emergency Preparedness Event To Be Held in Memphis

    Memphis Daily News - 8/29/09 - View Story

  • Court Rejects FCC Cap On Cable Market Share

    Memphis Daily News - 8/29/09 - View Story

  • Author Eric Dickey Set For Book Talk Program

    Memphis Daily News - 8/29/09 - View Story

  • CB Richard Ellis Revises Debt Modification Plan

    Memphis Daily News - 8/29/09 - View Story

  • BRIEF: CB Richard Ellis promotes Dallas exec

    TradingMarkets - 8/28/09 - View Story

  • Concannon Becomes President, GCS

    City Feet - 8/27/09 - View Story

  • CB Richard Ellis Reaches $994 Million Debt-Swap Deal

    Morningstar.com - 8/25/09 - View Story

  • CB Richard Ellis restructures debt

    Los Angeles Business from bizjournals - 8/25/09 - View Story

  • CB Richard Ellis Group, Inc. Announces Acceptance of Its Offers to Extend Maturities and...

    Forbes.com - 8/25/09 - View Story

  • CB Richard Ellis Group, Inc. Announces Acceptance of Its Offers to Extend Maturities and Amortization on $994 Million of Loans

    Business Wire - 8/25/09 - View Story

  • Dallasites appointed to top CBRE positions

    Dallas Business Journal - 8/21/09 - View Story

  • U.S. office landlords share lawyers' pains

    Forbes.com - 8/14/09 - View Story

  • U.S. office landlords share lawyers' pains

    Reuters - 8/14/09 - View Story

  • CB Richard Ellis Q2 Earnings Call Transcript

    123Jump - 8/14/09 - View Story

advertisement
     CBG $10.90 -0.24 (-2.15% )
Average Volume 4,638,530
Shares Outstanding 285.92M
Market Cap 3.1B
Year High 13.69
Year Low 2.34
Earnings Per Share -5.30
P/E Ratio -2.06
Dividend N/A
Yield N/A
advertisement
Click Here