CommonWealth hires CBRE for property management

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

From other sites
Comments (1)
  • dclaudew
    , contributor
    Comments (86) | Send Message
    Based on the price of CBG, this looks like old news. The CBG stock began to rise in November 2013.
    17 Jun 2014, 08:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs