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CBRE Arranges A Speedy Chinatown Re-Tenanting for SoHo - New Lounge


FOR IMMEDIATE RELEASE

Contact: Wally Zimmermann (808) 275-3001
Bright Light Marketing

CBRE Arranges A Speedy Chinatown Re-Tenanting for SoHo
SoHo Will Open On First Friday This Week

HONOLULU- June 3, 2009 -CB Richard Ellis (CBRE) negotiated the re-tenanting of a property at 1146 Fort Street Mall in less than a month allowing a new lounge, SoHo, to open in time for this week's First Friday activities.

Union Mill Investment will lease the property to AFM Network, which created the new lounge named SoHo. Joshua Berger-Marzullo, CBRE Associate, represented Union Mill Investment. The property became available for lease after the former owners, Mall Cafe, decided to pursue other interests.

The space is 5,500 sq. ft. and because of the short reconstruction window, SoHo will open 3,000 sq. ft. on Friday, June 5 and plans to open the remaining space in the coming months.

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 2008 revenue). The Company has more than 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. 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 has been named a BusinessWeek 50 "best in class" company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.

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