CBRE Group global COO Jack Durburg CBRE Group global COO Jack Durburg

BOSTON—CBRE Group, Inc. has acquired the largest commercial real estate services firm in New England— CB Richard Ellis-N.E. Partners, L.P.—which operates out of seven offices in the region, including its headquarters in Boston.

CB Richard Ellis-N.E. Partners, L.P. is in fact a long-standing joint venture with Whittier Partners Group and does business as CBRE/New England.

The deal is the second recent transaction geared at bolstering CBRE Group's operations in New England. In February, a large team of commercial real estate professionals from Transwestern, led by Steve Purpura, joined CBRE.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.