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CBRE acquires Skye Group

CBRE Group Inc. said it acquired Skye Group, which serves retail real estate clients throughout North America.

Skye Group provides retail project management, shopping center development and tenant coordination services in the U.S. and Canada. The company's clients include Simon Property Group Inc., Howard Hughes Corp., Westfield Corp., and Vornado Realty Trust, among others.

The business will operate as CBRE I Skye, and Skye Group founder Bradley Sanders will lead CBRE's retail project management business.