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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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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 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 Joins Amazon, Microsoft As Fortune 500 Companies Halt Major Office Developments
News

CBRE Joins Amazon, Microsoft As Fortune 500 Companies Halt Major Office Developments

... of rising interest rates. As a publicly traded company, CBRE is being forced to make cost-saving decisions that will ... developments that will create jobs and benefit taxpayers, Maso said. CBRE’s plans may have fallen through, but other major corporations ...

Mar 06, 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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CBRE: Office Fundamentals To Keep Deteriorating Until Deliveries Slow Down Next Year
News

CBRE: Office Fundamentals To Keep Deteriorating Until Deliveries Slow Down Next Year

... and projects to keep rising until 2025, according to a CBRE report published Wednesday. The commercial real estate services giant ... footprints over the next couple of years, according to a CBRE occupier survey published May 18. Nearly 70% of respondents ...

Jun 01, 2023
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Neald has sold 18 Stop & Shops in the last 18 months.
News

CBRE Hires Former Retail Exec Back After 7 Years At JLL

... , according to his LinkedIn profile.  "Very happy to rejoin CBRE and the National Retail Partners team," Heald wrote on LinkedIn ... our platform in New England and the entire Northeast region,” CBRE Managing Director Chris Decoulfe said in a press release. ...

Nov 02, 2022
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CBRE Markets Slieve Russell Hotel As Dalata Reports Dublin Slowdown
News

CBRE Markets Slieve Russell Hotel As Dalata Reports Dublin Slowdown

... 2024 in Liverpool, Brighton, Manchester and London.  Separately, CBRE this week put the Slieve Russell Hotel Golf & Country ... profitable resort hotels rarely presents itself,” said Paul Collins, CBRE head of hotels, Ireland. “The scale of ongoing investment ...

Apr 26, 2024
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