Neal Heinze Joins CB Richard Ellis' Exclusive Leasing Team for Mount Arlington Corporate Center

Mount Arlington, NJ, Mar 27, 2007 - /FLIERWIRE/-- CB Richard Ellis (CBRE), New Jersey's leading commercial real estate brokerage firm, recently announced that Neal Heinze, senior associate and newly acquired professional from the recent Trammell Crow Company merger, has joined Randy Eigen and Daniel Casey, first vice presidents, to exclusively lease and market the Mount Arlington Corporate Center in Mount Arlington, New Jersey.

The Mount Arlington Corporate Center, a first-class office park, includes 100 Valley Road, a 46,000-square-foot building; 200 Valley Road, an 86,508-square-foot building; and 400 Valley Road, a 121,000-square-foot building. Additionally, two buildings at 500 and 600 Valley Road are currently being constructed at the campus. After completion, the park will contain nearly 600,000 square feet of Class A office space.

"Neal has an extensive knowledge of the Morris marketplace and we are pleased to welcome him to our leasing team for this important project," stated Mr. Eigen. "While Mount Arlington Corporate Center has historically enjoyed near full occupancy, Neal's knowledge of the local marketplace will be a significant asset to our leasing efforts."

Mount Arlington Corporate Center is part of the 270-acre planned use development, which includes 591 condominium units, two hotels, two shopping centers, an independent senior citizens residence and an assisted living facility.

About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner 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. Please visit our Web site at www.cbre.com.