Manhattan retail asking rents fall to nine-year low
Manhattan retail asking rents fell to their lowest point in nearly a decade this summer as the pandemic compounded...
CBRE
About: CBRE Group, formerly CB Richard Ellis Group, is a commercial real estate services and investment firm.
Headquarted in: Los Angeles, California
Lead by: CEO Robert Sulentic; COO Jack Durnberg; CFO James Groch; Chairman Brandon Boze
CBRE Q&A
What does CBRE do?
CBRE offers several types of real estate management, consulting, sales, leasing, financing, and development services. CBRE acquired New York's Insignia Financial in 2003 and Dallas-based Trammell Crow in 2006. CBRE was ranked no. 2 in The Real Deal’s top NYC sales brokerage firms for 2018.
Who runs CBRE?
CBRE is run by CEO Robert Sulentic, Global COO Jack Durnburg, CFO James Groch, and Chairman Brandon Boze. Its New York-area CEO, Mary Ann Tighe, is credited with the transformation of Manhattan's Financial District into the new home of media companies, including magazine publisher Condé Nast.
Who owns CBRE?
Since 2004, CBRE Group has been a publicly traded company, listed on the New York Stock Exchange under the ticker symbol CBG. It belongs to the S&P 500 index.
Want to know more about CBRE?
Check out our Top Stories below for TRD's most up-to-date coverage on CBRE and more.
The Latest
CBRE closes 2 offices, expands presence at MetLife HQ
CBRE is consolidating its New York City offices and expanding its headquarters. At its MetLife Building HQ, the brokerage...
CBRE’s Hodos and other Muggles win REBNY award for Harry Potter deal
When Richard Hodos and his team heard about The Wizarding World of Harry Potter eyeing New York City, they...
Look out below: Major real estate services firms brace for falling earnings
The latest earnings reports are approaching for major real estate services firms like CBRE, JLL and Cushman & Wakefield,...
Real estate firms lead cautious return to NYC offices
Real estate companies are leading the way as New York City allows some workers to return to their offices....
The REInterview: How flex space could upend supply-demand dynamics in the office market
Riddle me this, landlord: In the midst of a pandemic and what many believe will be a severe and...
First black “Bachelor” for ABC comes from real estate world
The newest “Bachelor” isn’t just the first black man to hold the role in ABC series history. He also...
“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
Hypergrowth has been the mantra of flex-office-space players for years. WeWork became the largest private tenant in New York City by signing leases at...
“For years we all laughed at them”: office brokers warm to virtual tours
Smaller buildings could be the next big idea for office developers. “I think you’ll see development; it might be...
How to open up our offices on tonight’s TRD Talk
At 2 p.m. Pacific/ 5 p.m. Eastern today, TRD Managing Web Editor James Kleimann will be joined by Director...