News Release Provided By CBRE|Martin
East Lansing – CBRE, Inc. and CBRE|Martin announced a mutual decision not to renew their affiliate agreement covering operations in Grand Rapids and Lansing, Michigan. CBRE|Martin offices in those markets will remain CBRE affiliates through the end of 2018 at which time the local firms will drop the CBRE branding and change its operating name to Martin Commercial Properties.
CBRE and CBRE|Martin have had a positive, long-standing relationship, and both firms expect that relationship to continue. The two firms will continue to collaborate to serve clients on current assignments in progress and expect to work together on a non-exclusive basis on certain new assignments in the Grand Rapids and Lansing markets going forward.
“CBRE thanks Van Martin and the firm’s professionals for their dedication and efforts in serving clients,” said John Latessa, President, Midwest Region, CBRE (Shown Left). “We wish them continued success.”
“Our organization is and has always been a private, family-owned company. All of our operations and support services are completely independent, so this transition will have minimal impact on our clients or the way we do business,” said Van Martin, Chairman and CEO, Martin Commercial Properties (Shown Right). “We appreciate the 20-year partnership with CBRE. Going forward we remain committed to best in class service to our clients and employees, and we look forward to our next chapter.” CBRE has a wholly-owned office in Detroit, Michigan.
While at the Michigan Business Network's 2018 Sports Business Luncheon, COO of CBRE|Martin Ben Bakken announces some big news for the company at the beginning of the new year.
About CBRE|Martin CBRE|Martin is a CBRE affiliate office serving Mid-Michigan. CBRE|Martin offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; and research and consulting. Please visit our website at cbre.us/lansing.
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at http://www.cbre.us/.