Iberdrola
In October 2006, Madrid-based Iberdrola—the largest renewable energy firm in the world—acquired Community Energy, a local company based in Wayne, Pennsylvania. Upon completion of the acquisition, Iberdrola needed to significantly expand its Pennsylvania office to new space that would enable the construction of its signature interior build-out. Fulfilling both requests in a strong demonstration of cross-border collaboration, CBRE skillfully negotiated a 21,692-sq.-ft. U.S. headquarters lease for the company in less than three months.
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