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CBRE Completes Its Latest Billion-Dollar Acquisition With This Firm

Deal To Buy J&J Worldwide Brings Resilience to World's Largest Real Estate Brokerage, CBRE CEO Says

Air Force Staff Sgt. Jordyn Schalk secures a guidance device during a weapons load competition at Eglin Air Force Base in Florida. This is the type of base that CBRE, through its new acquisition of J&J Worldwide Services, could help maintain. (U.S. Department of Defense)
Air Force Staff Sgt. Jordyn Schalk secures a guidance device during a weapons load competition at Eglin Air Force Base in Florida. This is the type of base that CBRE, through its new acquisition of J&J Worldwide Services, could help maintain. (U.S. Department of Defense)

CBRE Group, the world's largest commercial real estate brokerage, is embarking on a bet on the future of government work with its completion of the purchase of J&J Worldwide Services in a deal that could exceed $1 billion.

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