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Washington Mutual Bank Signs 10-Year Lease in Chula Vista

CHULA VISTA – May 15, 2008

CB Richard Ellis announced that Washington Mutual Bank has leased 4,584 square feet of retail space at 1120 Broadway, Chula Vista 91911, from The Price REIT Inc. The 10-year lease is valued at $1,980,288.

Dave Hagglund of CB Richard Ellis represented Washington Mutual Bank. The Price REIT Inc. represented itself.
 

About CB Richard Ellis

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.cbresandiego.com.

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