CBRE Expands in Atlanta Through Acquisitons

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West L.A.’s CBRE Group Inc. has acquired business branches from Atlanta-based commercial real estate services firms Resource Real Estate Partners LLC and TPA Realty Services LLC for an undisclosed price.

CBRE announced on Friday that the acquisition will add 70 employees and more than 13 million square feet of office and industrial space to its Atlanta property management portfolio. CBRE did not acquire the firm’s development operations.

“This transaction nicely complements our capabilities in Atlanta,” John Ferguson, executive managing director for CBRE’s Southeast Region said in a statement.

CBRE is one the largest commercial real estate services firms in the world and ranks No. 1 in L.A. County in the Business Journal’s list of commercial real estate brokerage firms.