After 20 Years with CB Richard Ellis, ``The Palmer Team'' Launches as an Independent Commercial Real Estate Investment Sales Firm.SACRAMENTO, Calif. -- #1 Investment Sales Group at Largest Real Estate Company in the World, Positions Itself to Accelerate Activity as an Independent Firm After nearly 20 years with CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , Bill Palmer announced today that The Palmer Team is launching its unique Wall Street-inspired business model as an independent commercial real estate investment sales firm. The Palmer Team, including 20 deal specialists from CB Richard Ellis, will continue to focus on markets in Denver, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Orange County, Phoenix, Portland, Sacramento, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and Seattle. "Our decision to launch 'The Palmer Team' and leave CB Richard Ellis is really client driven. We have been encouraged to launch our own brand in order to facilitate a clearer understanding of our services while eliminating potential conflicts or confusion in the market," said Bill Palmer, President and Chief Executive Officer for The Palmer Team. "The real key to this move is that nothing will change. Our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets will still be aimed effectively connecting motivated buyers and sellers, just as it was before." Headquartered in Sacramento, CA, The Palmer Team has made its mark in the industry for the group's highly effective approach to selling, and for its unprecedented success. In fact, while at CB Richard Ellis, The Palmer Team was continuously recognized as the firm's top-performing group more times than any other team in CB Richard Ellis' 99-year history. Now, The Palmer Team will continue to execute its very unique and effective business model as an independent firm. "Too many service providers are focused on their company's bottom line rather than achieving client objectives," offered Palmer. "The Palmer Team is intently focused on achieving individual client success rather than shareholder value. Our 'people first' platform is what differentiates The Palmer Team from the myriad of other commercial real estate brokerage firms." |
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