San Francisco – CBRE today announced that William Huberty and Clint Sholl of CBRE’s San Francisco office have successfully completed the disposition assignment for North Pointe Apartments. The property was acquired by an investor account managed by UBS Global Asset Management. The property will be managed by Sares Regis Group of Northern California. Located 46 miles northeast of San Francisco in the City of Vacaville, North Pointe Apartments is a 312-unit community built in 2004 by A.G. Spanos Companies.
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CBRE, Inc. (NYSE:CBG), 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 2011 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.