Market Overview

CBRE Group Buys Commercial Real Estate Services Businesses from Resource Real Estate, TPA

Share:
Related CBG
Microsoft, GoPro And 8 More Stocks To Watch Over The Weekend
Benzinga's Top Initiations
InsiderInsights.com Daily Round Up 2/10/16: Tempur Sealy, Wynn, Taylor Morrison Home, Endurance Specialty Holdings (Seeking Alpha)

CBRE Group, Inc. (NYSE: CBG) today announced the acquisition of the commercial real estate services businesses of Atlanta-based Resource Real Estate Partners, LLC and TPA Realty Services, LLC (“RREP/TPA”). This acquisition significantly enhances the Company's service offerings to clients in the metro Atlanta region.

The acquisition will add more than 13 million sq. ft. of office and industrial assets to CBRE's Atlanta property management portfolio as well as key leasing and investment sales professionals who serve clients throughout the region. The development operations of RREP/TPA were not included in the acquisition.

Posted-In: News M&A

 

Related Articles (CBG)

View Comments and Join the Discussion!

Get Benzinga's Newsletters