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United States : U.S. Equities Realty, LLC Joines CBRE Group, Inc.

CBRE Group, Inc. and U.S. Equities Realty, LLC today announced that the companies will combine their Chicago area operations. The transaction brings together CBRE s global leadership and expertise across markets and business lines with U.S. Equities Realty s strong position in the greater Chicago area.

U.S. Equities Realty leases and manages 17 million sq. ft. of Chicago property, including the world-renowned Willis Tower (formerly Sears Tower) and 2.5 million sq. ft. of properties along Chicago's prestigious Michigan Avenue. It also has completed real estate transactions for or with leading companies, such as Winston & Strawn, Boston Consulting Group, IBM, Hinshaw & Culbertson, Ventas, Lurie Children s Hospital, Taft, Stettinus & Hollister, Nike, Verizon and Crate & Barrel.

With today s announcement, we are re-defining excellence in Chicago real estate services, said Chris Connelly, Executive Managing Director, Chicago Region, CBRE. We re bringing together two of Chicago s most highly regarded and successful firms that share common values and a passion for outstanding client service. We are thrilled to have U.S. Equities join us, and we look forward to working with our new colleagues to enhance the services we offer our clients.

Founded in 1978, U.S. Equities offers a broad range of leading commercial real estate services, provided by a professional staff with a strong reputation in the Chicago market. Offerings include: agency leasing, property and facilities management, tenant representation, investment sales, development and project management, owner s representation, sustainability consulting and advisory services. U.S. Equities has been responsible for some of Chicago s most iconic projects including the development, renovation, repositioning, management and/or leasing of buildings such as the Willis Tower, the John Hancock Center, Harold Washington Library, Stroger Hospital, One Financial Place, Comer Children s Hospital and Millennium Park. Currently, their U.S. portfolio includes more than 500 properties across the office, retail, institutional, dormitory and residential sectors.

Throughout our 36 year history, U.S. Equities has aggressively pursued every opportunity to anticipate the changing needs of our clients, said Bob Wislow, Chairman and CEO, U.S. Equities. CBRE s global platform, along with its extensive service offering and broad expertise, will expand and enhance our ability to serve clients in Chicago and around the world and to provide additional growth opportunities for our professionals. In turn, the development/program management, owner s representation and consulting services we provide will strengthen the services CBRE can provide to its clients.

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Publication:Mena Report
Geographic Code:1U3IL
Date:Jul 17, 2014
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