CBRE Buys Trammel Crow Transaction Services

CB Richard Ellis Group Inc. has announced the sale of the former Trammel Crow Co. transaction services operations in Oklahoma to the company’s independently owned affiliate, Commercial Realty LLC, which operates under the name CBRE/Oklahoma.
CB Richard Ellis purchased Trammel Crow in December 2006.
The transaction services operations acquired by CBRE/Oklahoma include property sales, leasing and local project management, asset services and facilities management. Under the agreement, CBRE/Oklahoma will also expand its market coverage into Arkansas.
Following the transaction, CBRE/Oklahoma will manage more than 15 million SF of commercial property in Oklahoma.
CB Richard Ellis Group Inc. is an S&P 500 company headquartered in Los Angeles with more than 24,000 employees. The company serves real estate owners, investors and occupiers through more than 300 offices. Its Tulsa office is at 7912 E. 31st Ct., Ste. 200.



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