WASHINGTON, DC-CBRE is making efforts to expand its Workplace Strategy Practice for the Mid-Atlantic and Washington/Baltimore Corridor. To that end it has recruited Adam Stoltz as managing director, who will be locally-based.

"The workplace team is an opportunity o provide another source" of advisory related income to CBRE, he tells GlobeSt.com. "It also is an opportunity for us to be a partner with and provide consultative services to new and existing clients."

To be sure, from a bigger perspective many of the workplace group's clients will be asking CBRE to help them do 'more with less,' Stoltz agreed. "Certainly there are clients who are thinking about how to make their space and workplace work harder for them and a lot of the time that is doing more with less."

But it is not just about that, he continues. "If all someone wanted to do is shrink their space or make things more efficient, they don't need a partner for that."

"So while it may be 'more with less' at a macro level it is not at the micro level," he says.

CBRE's workplace practice consists of real estate strategists, architects, financial analysts and change managers.

Stoltz joined CBRE from DEGW (now the Strategy Plus practice at AECOM). His client roster included the Arlington Public School District, Bayer, General Services Administration, Google, Nike, Nokia Siemens Networks, and the University of Virginia.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.