CB Richard Ellis has completed the £12m acquisition of industrial agent Holley Blake
The deal for the 16-strong firm completed on Friday and was announced to the New York Stock Exchange today. It was revealed on the Property Week website on Monday 26 June.
Holley Blake partner Keith Dowley will become CBRE’s new head of industrial; founding partner Simon Blake will join managing director Sue Clayton’s investment team; co-founding partner Simon Holley will assume a new title and role; and office partner Tony Lawson will join senior director James Brounger’s out-of-town offices team.
‘The acquisition of Holley Blake gives us the leading position in the UK industrial market, fulfilling a key growth objective in Europe,’ said Strong.