Insights
WeWork and Co’s woes add to rising shadow office inventory
Manhattan’s office availability rate climbed to 14.3 percent at the end of October, but the figure could be several...
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
National
CBRE lowers SPAC IPO valuation target to $350M
CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...
National
CBRE latest real estate firm to hop on SPAC bandwagon
Another major real estate firm is hopping on the SPAC bandwagon. CBRE, the world’s largest real estate services firm,...
Los Angeles
“Sad day” in LA: CBRE’s corporate exit latest blow to dented office market
CBRE’s decision to shift its global HQ from Los Angeles to Dallas wasn’t mentioned on the company’s third-quarter earnings...
National
JLL, CBRE keep cutting as recovery drags
The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. UPDATED, Nov. 2, 4:38 p.m.: JLL and CBRE recently made layoffs and budget cuts to...
National
CBRE income falls nearly 10%
CBRE’s income fell nearly 10 percent during the third quarter as the pandemic forced large office tenants to put their leasing decisions on hold. Income for the world’s largest real estate services firm fell...
National
CBRE moving HQ from LA to Dallas
CBRE is trading in its Cali-cool shades for a pair of cowboy boots. The world’s biggest real estate services firm is moving its headquarters from Los Angeles to Dallas, the Dallas Morning News reported....
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 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...