CB Richard Ellis/Columbia Announces Keith Postal to Join Land Services

October 14, 2008

Columbia, SC – October 10, 2008 – CB Richard Ellis/Columbia has announced that Keith Postal has joined the firm as an Associate in the Land Services Group.

CBRE Land Services is a nationwide network of professionals that work exclusively on land transactions. Some of the services provided by the group include property acquisitions and dispositions, strategic site selection, financial analysis, financing and equity funding, development consulting and appraisal reviews. Postal’s primary focus will be on the acquisition and disposition of residential, retail and commercial mixed use developments in North and South Carolina.

“The addition of Keith to our CBRE team is a direct response to clients’ ever-increasing demands for specialization in service and we are excited to have him join our team. His extensive experience with significant tract sales and development will further distinguish CBRE from the other brokerages.” said Mary Winter Teaster, Managing Director and Broker in Charge at CBRE/Columbia. Postal has over 25 years of experience in the land development business, with much of that experience being focused in the Carolinas. This experience includes managing $150 million in land assets as Regional President of Lennar Corporation along with selling and closing $36 million in Real Estate transactions in N.C. and S.C. as the owner of Strategic Properties, LLC.

For more information about services provided by CBRE Land Services Group please contact Keith Postal at 744-6875.

About CB Richard Ellis

CB Richard Ellis/Columbia is a CB Richard Ellis partner office serving South Carolina. The firm assists real estate owners, investors, and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services, investment management; research and investment strategy and consulting.

CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. 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.

Please visit our Web site at www.cbre.com.