CBRE Group To Acquire Industrious National Management Company

CBRE Group Acquires Buildingi

January 5, 2022

Engineering Services

CBRE Group has acquired Buildingi, a provider of occupancy planning, CAD and BIM services, to strengthen CBRE's occupancy management and workplace technology capabilities. Buildingi will integrate into CBRE's Occupancy Management team and bring a shared service center in Costa Rica to expand around-the-clock planning and technical drawing services.

Industrious Acquires The Great Room and Welkin & Meraki

May 10, 2022

Real Estate

Industrious has acquired two international flexible-workspace operators, The Great Room (Asia) and Welkin & Meraki (Continental Europe), immediately adding locations across Singapore, Hong Kong, Thailand, France, Belgium, and the Netherlands and roughly 1,000,000 square feet of current and pipeline space. The acquisitions expand Industrious' global footprint to better serve hybrid and distributed teams and accelerate its international growth strategy.

CBRE Group Agrees to Acquire J&J Worldwide Services from Arlington Capital Partners

February 5, 2024

Professional Services

CBRE Group has entered into a definitive agreement to acquire J&J Worldwide Services, a provider of engineering services, base support operations, and facilities maintenance for the U.S. federal government, from Arlington Capital Partners. The deal has an initial $800 million cash purchase price with potential earn-out/contingent consideration of up to $250 million, for total consideration of up to $1.05 billion, subject to performance thresholds.

Ioffice Business Group Acquires United Spaces from Castellum

November 1, 2025

Real Estate

Ioffice Business Group has acquired United Spaces from Castellum to form Sweden’s largest flexible workspace group, combining their locations to manage approximately 67,500 square meters of flexible office space. The two brands will continue to operate independently while collaborating to improve profitability, customer experience and market leadership across Sweden.

CBRE Acquires NRG Energy's Renewable Advisory Group

October 10, 2024

Energy

CBRE Group, Inc. has acquired NRG Energy’s renewable advisory group — a team formed in 2018 and led by Miro Sutton that advises Fortune 500 clients on renewable energy transactions and has facilitated more than 5,000 MW of clean power. The acquisition is intended to expand CBRE’s sustainability and energy advisory capabilities by adding expertise in community solar offtake, VPPAs, distributed generation, REC transactions and monetization of transferable tax credits.

Mason Capital-Led Consortium Acquires CB&I from McDermott

December 9, 2024

Infrastructure

A consortium of financial investors led by Mason Capital Management has completed the all-cash acquisition of CB&I, the storage facilities, tanks and terminals business formerly owned by McDermott. McDermott will receive $475 million of proceeds before taxes and transaction expenses; CB&I will operate as a standalone company with no funded debt and a mandate to pursue growth in energy and industrial storage markets.