In December 2013, CBRE announced its acquisition of The CAC Group, joining together two San Francisco-bred firms – one local, one global -- to create the market’s most powerful real estate services platform. This acquisition significantly enhances CBRE’s world-class service offering in Downtown San Francisco, solidifying our number one leadership position for commercial property management and leasing in one of the strongest and most dynamic markets in the country. The addition of CAC to our firm adds approximately 17 million square feet of leasing and approximately 11 million square feet of office space under management, primarily in the City of San Francisco.
Our newly combined firm is the unmatched local and global authority on real estate in the San Francisco market, bringing unprecedented local know-how and access to the world’s most active real estate markets and most influential companies. Our more than 300 professionals in the City of San Francisco bring a history of completing some of the market’s largest transactions and managing many of its landmark buildings, while also advising many of San Francisco’s most iconic companies on their global real estate strategies.