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A Beverly Hills retail space being leased by Houman Mahboubi and Greg Briest, who have joined CBRE.
News

CBRE Hiring High-Profile Retail Brokers Away From JLL

... . In Philadelphia, two retail brokers are leaving JLL to join CBRE's capital markets team, the Philadelphia Business Journal reported this ... work throughout the Northeast and mid-Atlantic, teaming up with CBRE's offices in New York, Boston and D.C. In ...

Nov 22, 2023
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CBRE Ices Plans To Build New Tower, Moving HQ To Former Coworking Space Instead
News

CBRE Ices Plans To Build New Tower, Moving HQ To Former Coworking Space Instead

... District building in Uptown Dallas, The Dallas Morning News reported. CBRE's development arm, Trammell Crow Co., developed the Park ... need to have a global headquarters.” In a statement, CBRE said office market conditions had changed considerably since it ...

Mar 06, 2023
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CBRE Vice Chair Donates $5M To Establish Real Estate School At Chapman University
News

CBRE Vice Chair Donates $5M To Establish Real Estate School At Chapman University

... to start a school of real estate from alumnus and CBRE Vice Chairman Alex Hayden. “With the establishment of a dedicated ... . In addition to his work specializing in tenant representation at CBRE, he serves as the chair of the board of counselors ...

Dec 05, 2024
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CBRE To Earn Majority Of Profit From Nontransactional Services In 2023 Amid Cuts To Brokerage
News

CBRE To Earn Majority Of Profit From Nontransactional Services In 2023 Amid Cuts To Brokerage

... quarterly and year-over-year profit declines. Second, CBRE is gaining market share and business for global workplace ... an account, there are opportunities for revenue," Sulentic said. CBRE's advisory services business, which includes leasing, capital markets ...

Feb 23, 2023
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The building at 4000 Connecticut Ave. NW in D.C., where Whittle School & Studios signed a 30-year sublease in 2018.
News

CBRE Sued For $11.5M By Landlord Of 600K SF Private School That Won't Pay Rent

... its communications with 601W, according to the suit, CBRE provided descriptions of the Whittle School's finances that ... Sullivan of Nutter McClennen & Fish LLP, specifically names CBRE Vice Chairman David Maurer-Hollaender, claiming he knowingly ...

Jul 01, 2022
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CBRE Hires Top Boston Office Broker Away From Cushman & Wakefield
News

CBRE Hires Top Boston Office Broker Away From Cushman & Wakefield

... Group in deals, according to a release from CBRE. He also represents landlords, including Columbia Property Trust ... powerhouse with strong relationships from his decades-long career," CBRE Executive Managing Director Michael Affronti said in the release ...

Jan 25, 2024
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CBRE: Baltimore Office Vacancy Hits Record High
News

CBRE: Baltimore Office Vacancy Hits Record High

... and relocations also significantly increased office vacancies, according to CBRE. Pandora leaving 72K SF at 250 West Pratt St. ... factors contributing to the rise in vacancy, according to CBRE.  Another factor hindering absorption is the availability of space ...

Apr 07, 2023
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CBRE Execs: Billions In M&A Pipeline Could Transform Company
News

CBRE Execs: Billions In M&A Pipeline Could Transform Company

... 43% year-over-year. Those losses were offset by what CBRE called “cyclically resilient elements of business” — nontransactional services that  ... focused on cost reduction,” Giamartino said on the call. CBRE has prioritized M&A in recent years as it looks ...

Apr 27, 2023
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CBRE Survey: Nearly 100% Of CRE Investors Plan To Invest More Heavily In Data Centers
News

CBRE Survey: Nearly 100% Of CRE Investors Plan To Invest More Heavily In Data Centers

... -over-year even as the number of sales declined, per CBRE.  Large institutional groups in particular are among the most eager ... assets grapple with higher inflation and interest rates, according to CBRE's report. The desire for move-in-ready assets has ...

Jun 06, 2024
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CBRE To Lay Off Workers Amid $400M Cost-Reduction Plan
News

CBRE To Lay Off Workers Amid $400M Cost-Reduction Plan

... environment, particularly with regard to capital availability for transactions,” CBRE CEO Bob Sulentic said in a statement. “In ... “cyclically resilient advisory business lines,” which could help CBRE attract more clients as companies turn toward full-service ...

Oct 27, 2022
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