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OUR COMPANY AFFILIATES

CBRE GROUP

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2019 revenues of $23.9 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #128 in 2020. 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.

INVESTMENT SERVICES

CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $109.6 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.

BLOGS

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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CBRE Global Investors Acquires Creative Office Building in Downtown Minneapolis

Minneapolis, Minnesota – September 8, 2020 – A fund sponsored by CBRE Global Investors has acquired the Millwright Building in Minneapolis, Minnesota. The creative office building, located at 533 South 3rd Street in Downtown Minneapolis, spans 173,455 square feet across four stories. The acquisition is part of the fund’s broader strategy to invest in high-quality assets in target office markets across the U.S.

Ranging from 28,000 square feet to 40,000 square feet, the property’s large, open floorplates can efficiently accommodate dedensification efforts, and the building’s low-rise configuration makes all floors accessible via stairways as an alternative to the three passenger elevators. Tenant amenities include first-floor collaborative space, bike storage, locker rooms with shower facilities, onsite parking, Skyway access, and a private tenant balcony. The property, which was built in 2017, is currently 97% leased to three tenants.

“The Millwright Building offers modern, loft-style space that we believe will appeal to new economy tenants and help these businesses attract and retain top talent. The property also gives tenants the necessary flexibility to navigate their needs for office space in a post-COVID-19 era by offering large, open floor plates, high ceilings, oversized windows and accessible stairwells,” said Kim Hourihan, Senior Managing Director and Portfolio Manager for CBRE Global Investors.

Located in the East Town neighborhood, the Millwright building is directly connected to the Minneapolis Skyway, an interlinked collection of enclosed pedestrian footbridges that connect various buildings across 80 full city blocks in Downtown Minneapolis. In addition, the property is located two blocks from public transportation options and offers 60 executive parking spaces in the building, with more than 8,000 public parking spaces located within a three-block radius.

“We believe the particular submarket where the Millwright Building is located is poised for future economic growth,” said Gary Jaye, Senior Managing Director and Head of Commercial Acquisitions for CBRE Global Investors. “The area has benefited from over $2.5 billion in capital investment and development since 2015, including the development of U.S. Bank Stadium and The Commons Greenspace.”

About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $109.6 billion in assets under management* as of June 30, 2020. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.

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