HONOLULU (January 9, 2015) – CBRE Group, Inc. announced today that James E. Hallstrom, Jr., MAI and the professional colleagues from The Hallstrom Group will join forces with CBRE to provide dramatically expanded client service for property valuation, appraisal and advisory services. CBRE will now have Hawaii’s largest team of valuation consultants and professionals, which will be led by Mr. Hallstrom. CBRE is the largest commercial real estate company in Hawaii.
“Adding Jim and his entire team of professionals fits perfectly into the CBRE strategy of having the best talent to deliver real advantage for our clients,” said Kim Lord, CBRE Senior Managing Director Hawaii region. “I know the high quality of their research and analysis as well as the high regard the entire commercial real estate community has for Jim Hallstrom and his team.”
The Hallstrom Group, founded in 1980, provides complex real estate Hawaii valuation and consulting, market studies and analysis as well as legal support and tax appeal services. Hallstrom said, “We are joining forces with CBRE to provide clients with our thirty years of valuation expertise and understanding of the Hawaii market while taking advantage of the CBRE powerful global platform.”
Hallstrom’s clients will now have access to the expanded data, resources and technology of CBRE, the global commercial real estate leader. CBRE clients will now have access to the highly regarded Hallstrom team of professionals, the largest valuation group in Hawaii.
“The Hallstrom team has six professionals with the MAI designation from the Appraisal Institute, more than any other firm in Hawaii. Their deep level of local knowledge and trust built since 1980, coupled with the international reach of the CBRE platform will enhance our service to both the Hallstrom and CBRE clients.” said Richard West, MAI, CBRE Senior Managing Director of the Valuation & Advisory Group. “Hallstrom will join with our Southern California based CBRE team of 56 appraisers, 22 of whom are MAIs.”
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.