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MidwestRetail

CBRE acquires major retail real estate firm

Staff Writer April 2, 2017
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CBRE Group has acquired Sitehawk Retail Real Estate.

Based in Indianapolis, Sitehawk helps retailers including Costco, Ross Dress For Less, Hobby Lobby, Gap and others plan and execute their real estate strategies on a local and regional basis.

Larry Davis, Steve Delaney, Scott Gray and Mark Perlstein are the leaders of Sitehawk, which was founded in 1982 as The Linder Company. These principals will join CBRE in regional retail leadership roles.

“We are highly committed to building the premier retail real estate services offering in major markets across the United States,” said Cal Frese, chief executive officer for the Americas for CBRE, in a statement.

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