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CBRE Group makes acquisition

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CBRE Group, an international commercial real estate firm with an extensive presence in New Jersey, has acquired a German project management company, it said Friday.

Preuss Gesellschaft mbH is CBRE’s second acquisition of the year in Germany, the company said in a news release. The deal is expected to close by the end of the third quarter.

Terms of the deal were not disclosed.

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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