CBRE Picks Up Retail Real Estate Firm Fameco

Law360, New York (September 26, 2013, 2:52 PM EDT) -- CBRE Group Inc. added 250 shopping centers and retail properties to its portfolio by scooping up Fameco Real Estate LP, it said Thursday, in a deal that gives the Los Angeles real estate developer a firm foothold in the mid-Atlantic U.S. retail market.

The companies did not disclose the transaction's financial terms or say how CBRE — the world's largest commercial real estate group, based on revenue — would cover its buy. Moving forward, the firm will operate under the co-branded banner of CBRE | Fameco....
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