CBRE Group, Inc. acquires affiliate firm in Memphis

Los Angeles -- CBRE Group announced that it has acquired CBRE Memphis, a commercial real estate services firm that has served as CBRE’s affiliate in Memphis since 1996.



CBRE Memphis services include leasing, property sales, property management, project management and consulting. The firm has a staff of more than 100 and leases and/or manages approximately 14 million sq. ft. of property in the Memphis metro area, as well as in Jackson, Mississippi, and Arkansas.



“We have worked with the CBRE Memphis team for nearly two decades and know firsthand their commitment to service excellence and our core values of respect, integrity, service and excellence. We look forward to working closely with them to create more value for our clients and drive the growth of our business,” said John Ferguson, president of CBRE’s Southeast Division.



CBRE has now acquired four firms in the Southeast in the past two years, including its former affiliates in Charleston, Columbia and Greenville, South Carolina and in Louisville, Kentucky, fortifying its capabilities in this fast growing region. It now has 14 offices and more than 3,200 employees throughout the Southeast.