Texas Governor Announces Expansion of CBRE’s Workforce
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Governor Abbott Announces CBRE Workforce Expansion in Dallas and Richardson
Austin, TX (STL.News) Governor Greg Abbott announced that CBRE, Inc., the world’s largest commercial real estate services and investment company, would add 460 new jobs and more than $ 29 million in capital investments over the next 13 years Headquarters in Dallas; 550 new jobs and more than $ 13 million in capital investments in new operations center in Richardson. Texas Enterprise Fund (TEF) grants of $ 3,450,000 and $ 3,300,000 were given to CBRE, Inc.
“Texas is the place to be for great companies like CBRE because of our dynamic workforce and unrivaled business climate,” said Governor Abbott. “CBRE’s expansion in the Dallas-Fort Worth Metroplex will bring over a thousand high-paying jobs and better opportunities to the hardworking people of North Texas, and I look forward to a strong relationship with the company as we work together to preserve Texas as a nationality. “Model for economic prosperity.”
“CBRE is no stranger to North Texas, and its decision to grow deeper roots in Dallas proves what many know about the thriving commercial real estate market here,” said Senator Royce West. “In 2020, Dallas reported the highest number of commercial real estate transactions in the United States, even amid a pandemic. Texas knows what it takes to attract business, and looking ahead to 2022, the markets agree with CBRE that Dallas is a great place to do business. “
“CBRE is a great corporate citizen making a positive impact in North Texas and the expansion of its global business base makes its influence even greater,” said Representative Morgan Meyer. “Your expansion means new jobs and growth and is a harbinger of the immense growth potential of North Texas.”
“Once again, Texas is proving to be the most attractive state in the country because of limited regulations, low taxes, quality education, a well-trained workforce and a strong economy,” said Senator Angela Paxton. “We are very excited that CBRE is expanding its presence in Richardson as the North Texas community is a great place to live, work and raise a family.”
“I can’t think of a better place for a great company like CBRE, Inc. to have deeper roots than here in the heart of North Texas,” said Representative Jeff Leach. “With the expansion of the workforce at its global headquarters in Dallas County, CBRE will benefit from strong schools, reliable infrastructure, low taxes and a tight-knit community of friendly, warm and welcoming neighbors. I thank Governor Abbott for his strong and consistent leadership of the Lone Star State in keeping Texas the best place in America to live, work and raise a family. “
“The growth of CBRE in Dallas shows once again that our city is an innovative economic powerhouse,” said Mayor Eric Johnson. “And this deal proves that we are committed to building for an even better future. We’re excited to be working with CBRE, the state, and our local educational institutions to foster our city’s burgeoning culture of innovation and prepare our workforce for tomorrow’s jobs. “
“As the heart of the Telecom Corridor (R) area and home to the Richardson IQ (R), we are proud that CBRE has made the strategic decision to locate its operations center in this innovative ecosystem,” said Richardson’s Mayor Paul Voelker. “The 550 new jobs that will come with this project have good neighbors in an area designed specifically to work together, and we are excited about the opportunities CBRE offers here in Richardson.”
CBRE, a Fortune 500 and S&P 500 company, is the world’s largest commercial real estate services and investment company (based on 2020 revenue). The company has more than 100,000 employees who serve customers in more than 100 countries. CBRE serves a wide range of clients with an integrated suite of services including facilities, transaction and project management; Property Management; Investment management; Appraisal and valuation; Real estate leasing; strategic advice; Sale of real estate; Mortgage services and development services.
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