by Brianna Crandall — January 2, 2017 — Global property advisor CBRE Group recently announced that it has acquired Skye Group, a provider of retail project management, shopping center development and tenant coordination services throughout the United States and Canada. This acquisition is said to enhance CBRE’s position in the retail market by bolstering its retail project management service offerings.
Based in Cleveland, Ohio, Skye is led by Bradley Sanders, who founded the firm in 2000. Its client list consists of prominent retail real estate investors including Simon, Howard Hughes, Westfield, LaSalle Investment Management, Vornado Realty Trust, New England Development, Ivanhoe Cambridge and Steiner & Associates, as well as brands such as Barneys New York.
Mark Fewin, Americas leader, Project Management Services, CBRE, commented:
Skye has earned the reputation as a reliable and efficient solution for shopping center investors and occupiers. The firm’s “early stage” work for clients in project management and large-scale construction will create new client service opportunities in the retail market.
Sanders will lead CBRE’s retail project management business and report to Fewin. The business will operate as CBRE I Skye.
Sanders added:
Joining CBRE is an excellent fit for our business, and our retail clients will benefit from CBRE’s breadth of occupier and investor solutions. I look forward to working with our new colleagues at CBRE to take our business and our ability to service our clients to an even higher level.
For more information, visit the CBRE/Skye Group Web site.
