CommonWealth hires CBRE for property management

|By:, SA News Editor

The new board (headed by Sam Zell) at CommonWealth REIT (CWH) gets busy, hiring CBRE (CBG) as sub-manager for each of the company's properties. CBRE will provide customary management services, and additionally provide project management services as needed.

The two are currently targeting October 1 as CBRE's start date.

REIT Management & Research (RMR) - run by the no-longer-in-power at CommonWealth Portnoy family - is the current property management provider.

SEC Form 8-K