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12/14/16
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CBRE Group Inc has acquired Skye Group, a leading provider of retail project management, shopping center development and tenant coordination services in the U.S. and Canada. This acquisition enhances CBRE’s position in the retail market by bolstering its retail project management service offerings.
Based in Cleveland, OH, 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.
Mr. Sanders will lead CBRE’s retail project management business and report to Mr. Fewin. The business will operate as CBRE I Skye.
“Adding Skye’s services to our client offerings reflects our strategy to strengthen our position in the retail real estate sector in the Americas and is a seamless fit with our robust retail service line platform,” said Anthony Buono, executive managing director, Retail Services, the Americas, CBRE.
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