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CBRE expands New England footprint

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CBRE expands New England footprint

CBRE Group Inc. acquired CB Richard Ellis - NE Partners LP, its joint venture with Whittier Partners Group, and the largest full-service commercial real estate services business in New England, according to a release.

The venture's leadership team and professionals will immediately join CBRE, but the CBRE/New England brand will remain until Dec. 31.

The venture has seven offices across New England, with more than 1,200 employees. It manages more than 100 million square feet of commercial property and corporate facilities.