CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2020 revenues of $23.8 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included on the Fortune 500 since 2008, ranking #128 in 2020. It also has been voted the industry’s top brand by the Lipsey Company for 20 consecutive years, and has been named one of Fortune’s “Most Admired Companies” for nine years in a row, including being ranked number one in the real estate sector in 2021, for the third consecutive year. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $122.7 billion in assets under management.
Built up over more than 40 years, our unparalleled platform is focused on real assets, giving our institutional clients access to real estate and infrastructure in the Americas, Europe and Asia Pacific. Our clients benefit from a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies.
Trammell Crow Company, founded in Dallas, Texas in 1948, is one of the nation’s oldest and most prolific developers of, and investors in, commercial real estate.The CBRE Global Investors and Trammell Crow Company platforms make up the Real Estate Investments division of CBRE Group.
The Real Estate Investments division is led by
Mike Lafitte, Global CEO, Real Estate Investments.
Regularly released content on the state of the real estate and infrastructure industry are produced by our subject matter experts and shared on their blogs. A selection of them can be found below.
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LOS ANGELES – January 5, 2017 – A fund advised by CBRE Global Investors has acquired Liberty Center, a 27-story, 529,289 square foot Class A office building located in the central business district of Pittsburgh, Pennsylvania.
The property’s location offers tenants immediate access to major thoroughfares, the Cultural District, David L. Lawrence Convention Center, the Strip District and the Pittsburgh Amtrak Station. The downtown area has recently seen a migration toward the Strip District due to the arrival of well-known technology companies and the emergence of new restaurants, bars and apartment communities, and Liberty Center is positioned to be a beneficiary of the improving neighborhood.
Liberty Center is already among the top Class A office buildings in the Pittsburgh CBD. CBRE Global Investors plans to enhance the property through implementation of its proprietary 5-Star Worldwide service and amenity program. As it does with all office buildings globally, CBRE Global Investors also plans to pursue the highest possible environmental certification.
“Institutional demand for Pittsburgh office has increased significantly,” said Vance Maddocks, Chief Investment Officer of CBRE Global Investors Americas. “The metro has particularly strong educational and cultural institutions, which has allowed for a more diversified economy. The Pittsburgh CBD office market has one of the lowest vacancy rates in the United States.”