CBRE Buys Affiliate

CB Richard Ellis Group Inc., Los Angeles, has announced the acquisition of The Polacheck Co., a full-service commercial real estate services firm in Wisconsin, for approximately $20 million.Polacheck employs a staff of 117 in three offices. CBRE said the acquisition reflects its strategy of purchasing affiliate companies to extend the company's presence in key markets across the country. CBRE can be found on the Web at http://www.cbre.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS