CBRE Awarded Oakley Global Retail Portfolio Contract
CBRE Awarded Transaction Management and Brokerage Services Contract for Oakley’s Global Retail Portfolio
November 3, 2015
CBRE Group, Inc. has been selected by Oakley, Inc. to provide transaction management and brokerage services for the Premium Sports Performance retailer’s global retail portfolio.
CBRE will identify, evaluate and secure retail premises and provide market analytics for Oakley around the world. David LaPierre, a vice chairman in CBRE’s Midtown Manhattan office, will lead the delivery of services for Oakley.
“We are proud of our partnership with a world-class brand like Oakley. This partnership is a testament to the strength of our retail occupier services offering and professionals not only in the U.S., but across the globe,” said Brandon Famous, head of retailer representation for the Americas, CBRE. “We look forward to helping Oakley build business advantage through its real estate operations.”
“CBRE truly understands our brand and customers and as the worldwide leader in commercial real estate we feel they can provide Oakley with the full scope of real estate services we need to expand our brand globally,” said Ferron Manwaring, head of real estate, Oakley, Inc.
In 2014, CBRE arranged $43.7 billion worth of retail transactions and managed 700 million sq. ft. of retail facilities worldwide. The company has enhanced its retail service offering through the acquisitions of Indianapolis-based Sitehawk Retail Real Estate in November 2015, Dallas-based United Commercial Realty (UCR) in January 2015 and Philadelphia-based Fameco in September 2013.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.