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CBRE Group Acquires Oklahoma Brokerage

by Realty News ReportDecember 18, 2014
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Michael Caffey, CBRE
Michael Caffey, CBRE

OKLAHOMA CITY – CBRE Group has acquired CBRE/Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999.

CBRE | Oklahoma is one of the region’s leading providers of leasing, investment sales, property management and corporate services. The firm, led by co-founder Tom O’Brien and senior leaders Cary Phillips and Lori Bryant, has a staff of 180 and manages more than 18 million square feet in the region.

“Tom, Cary, Lori and their colleagues in Oklahoma and Arkansas have built this firm into a regional leader,” said Michael Caffey, Executive Managing Director, Texas Region, CBRE. “They also embrace our corporate values and commitment to delivering exceptional client outcomes. We look forward to working more closely than ever with the team to build advantage for our clients.”

Oklahoma is a growing business center in the Southwest and has been recognized for its favorable business climate. The energy, aerospace and defense contracting sectors have been strong growth drivers in the region.

“CBRE is a great fit for us both strategically and culturally,” said Tom O’Brien, CBRE | Oklahoma’s co-founder. “Fully integrating into CBRE’s premier global platform will allow us to expand the depth and breadth of the services we offer to our clients.”

Mr. O’Brien will join CBRE, focusing on strategic client relationships. Mr. Phillips will join CBRE as Managing Director, Brokerage Services, and Ms. Bryant will join as Managing Director, Asset Services.

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