Broker Steve Fisher; speaking on behalf of fellow team membersDave Fukuda, Christian Marent; Brian Matteoni, Scott Prosser, BobSteinbock, and Tom Taylor, told GlobeSt.com on Friday that thegroup expects to be able to generate more dollar volume and havegreater control. As for the timing, he says it has nothing to dowith the recent CB Richard Ellis-Grubb & Ellis mergerrumor.

"We were being pursued since before the merger rumors by morethan one group," says Fisher. "We felt now might be right timebecause with transaction volume so low, it allows us time maybemove the transition a bit more quickly than in a hottermarket."

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