CBRE expansion in top gear.

CB Richard Ellis Group, Inc (CBRE) is expanding its commercial real estate services platform for the automotive sector.

The firm's Automotive Properties Group (APG) will be stepping up its role within the company and new automotive dealer services will include enhanced disposition capabilities; idle properties management, which provides effective, low-cost management solutions for vacant automotive dealers; and construction and project management.

"CBRE historically has served clients across the full spectrum of the automotive sector--manufacturers, suppliers, dealers and investors--by helping them reach their business goals," said Michael L. Gerard, senior managing director, CB Richard Ellis, who is coordinating the company's efforts.

"And as those goals shift in response to today's challenging economic environment, this service of feting will allow us to remain a vital partner to the automotive industry and the development and investment community."

CBRE's Automotive Dealership Services (ADS) offer bundled services specifically developed around dealers' expansion, contraction, relocation and consolidation needs.