The Real Deal Miami

Restructuring hits CB Richard Ellis

October 10, 2008 10:32AM

Commercial brokerage CB Richard Ellis has laid off an undisclosed
number of employees as it restructures the company. As of 2007, it had
five offices in Miami, Fort Lauderdale and Palm Beach. According to the
South Florida Business Journal’s annual Book of Lists, it ranked No. 1
with $3.5 million in sales and leases and reported 118 brokers. The
company did not say how many jobs will be eliminated in South Florida,
but early indications are that it will not include brokers.