CBRE in the news

CBRE secured a 118,000 SF industrial lease for Price Zone at Harris Business Center in Commerce, CA, allowing for operational consolidation.

Michael Yemm joined CBRE's St. Louis office as an associate, focusing on industrial property leasing.

North American data center development is booming, driven by hyperscale cloud and AI, but faces severe constraints from limited power and infrastructure, leading to record-low vacancies despite surging construction.

CBRE is appointed to find tenants for Castlebrooke's M8 corridor project, a potential four-unit big-box scheme.

CBRE arranged the $21 million sale of Tournament Patio Apartments in Torrance, California, from JS Bower Foundation to Good Capital Group.

A joint venture between Trammell Crow Co. and CBRE Investment Management leased a 538,450-square-foot industrial facility to Parts Town Unlimited in Pendergrass, Georgia.

A report from CBRE shows Dallas-Fort Worth ranking high in North America for tech talent growth and AI hiring, with significant increases in tech workers and specialized AI professionals.

Saba Capital Management reduced its investment in NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) due to concerns about the fund's weak balance sheet and growth despite its profitability.

CBRE Global Real Estate Income Fund announced a 1-for-3 reverse stock split and monthly distribution adjustment.

Manning & Napier Advisors LLC purchased 721,001 shares of CBRE Group, Inc. stock for $98.1 million in the second quarter.

U.S. commercial real estate shows continued recovery and strong performance in 2026, driven by limited supply, flight to quality, AI's impact on demand, and robust investment activity despite global uncertainties.

CBRE Hotels Research has upgraded its 2026 US hotel RevPAR growth projection due to a strong recovery in business and group travel, particularly benefiting luxury properties and specific technology and AI data center markets.

CBRE brokered the $14.9 million sale of Lexington Riverview, a luxury 43-unit multifamily community in Fair Lawn, New Jersey.

CBRE's South Yorkshire JESSICA Fund reached a £100 million investment milestone, funding a net-zero office in Sheffield and an industrial project in Doncaster.

New York has overtaken San Francisco as the leading U.S. market for tech talent, driven by growth in its finance sector's AI hiring and job reductions in San Francisco's tech industry.

CBRE arranged the $14.9 million sale of Lexington Riverview, a 43-unit Class A community in Fair Lawn, New Jersey.

CBRE, a commercial real estate and investment services company, exhibits a strong technical breakout setup with a solid uptrend and consolidation.

A vacant land parcel in Yonkers, New York, was sold for $9.5 million for multifamily development due to high demand for residential housing in transit-accessible locations.