Trammell buy bolsters CBRE service.

CB Richard Ellis Group, Inc. unveiled an enhanced spectrum of client services in New Jersey fortified by the acquisition of Trammell Crow Company.

CB Richard Ellis has long pursued a strategy to continually improve and expand its service offerings to meet the evolving needs of its clients. The acquisition of Trammell Crow Company strengthens CB Richard Ellis' ability to provide a comprehensive range of commercial real estate services on a fully integrated basis for clients operating on a regional, national or global scale.

"Today we have raised client-service standards in New Jersey and virtually every key business center in the country," said Ray Sohmer, senior managing director of CB Richard Ellis. "Combining two of commercial real estates' best firms enables clients to fully leverage the industry's brightest professionals, sharpest market intelligence and most extensive service offering to develop the right solution for their needs."

CB Richard Ellis, the world's largest commercial real estate services company (based on 2005 revenues), now has more than 26,000 employees (including approximately 5,000 employees of affiliate and partner companies) in more than 50 countries. As a measure of its influence in the global marketplace, CB Richard Ellis was responsible for $166 billion * of property sales and lease transactions in 2005, and the management of 1.6 billion sq. ft. * of commercial properties and corporate facilities. It represents approximately 85% * of the Fortune 100. (*combined statistics for CB Richard Ellis and Trammell Crow Company)

CB Richard Ellis is currently ranked as the number one real estate services firm in New Jersey with 12,580,000 square feet sold or leased in 2006.