SOURCE: CNL Commercial Real Estate

CNL Commercial Real Estate

October 15, 2015 09:00 ET

Thalhimer's Raleigh Office Joins CNL Commercial Real Estate

Commercial Real Estate Firm Expands to New Market With Addition of 21 Thalhimer Employees

RALEIGH, NC--(Marketwired - Oct 15, 2015) - CNL Commercial Real Estate (CCRE) announces today that it will add Virginia-based Thalhimer's Raleigh office to its platform. The announcement comes less than two weeks after the commercial real estate company also welcomed Thalhimer's Charlotte office, and signifies the first time CCRE will maintain a permanent presence in Raleigh.

"This strategic fusion of CNL Commercial Real Estate with the 100 employees in our Charlotte and Raleigh offices will yield a stronger team and richer results for our clients and partners," said John Kelly, Raleigh partner. "It's a collaboration and culture we are excited to be a part of, and one that will present the best opportunities for our new united team of veteran talent that is focused on one common goal: our customers."

With the addition of this new office, the number of CCRE employees in North Carolina will jump to 105, including 31 brokers. In the Raleigh market alone, the team of 21 associates will continue to serve their customers with their leasing needs on over 240 assets, land sales and management needs on over four million square feet. The Raleigh team will be able to draw upon the depth of the broader CCRE team to more deeply serve their customers and communities. 

"Growing our presence in the Carolinas through the addition of a market leading team in Raleigh is a continuation of our Southeast focused growth strategy," said Ken Loeber, president of real estate services at CCRE. "This rare opportunity to add talented and passionate professionals to our family will allow us to better and more broadly serve the needs of our corporate, investor and not-for-profit clients across all of the Carolinas. John and his partners embrace our common commitment to our customers, our people and our communities."

"The relationship we have cultivated with Thalhimer employees across North Carolina is one that I am really proud of," said Charles Jonas, Carolinas market leader. "The people who are coming to us from both Raleigh and Charlotte share an impressive drive to serve their clients, each other and their respective markets as a whole. We couldn't be happier to have them on our team."

This recruitment marks the fourth expansion conducted by CCRE in North Carolina since 2014, and is aligned with CCRE's overall growth strategy to build a distinguishable platform in the Southeast with real estate professionals that have a passion for serving the needs of their customers.

About CNL Commercial Real Estate
CNL Commercial Real Estate, a JV Partner with HQ Capital Real Estate, offers a full range of commercial real estate services, including leasing and management, tenant representation, project management, facilities management and brokerage services, as well as a development and investment platform. It operates in all sectors of commercial real estate, including office, retail, industrial, vacant land and not-for-profit. For more information, visit cnlcre.com.

About HQ Capital
HQ Capital is a leading independent alternative investment manager with currently more than US$12 billion in assets under management in private equity and real estate. Since 1989, the company has invested over $12 billion in U.S. real estate ranging from core and value-add acquisitions to opportunistic joint-venture developments. HQ Capital has more than 130 employees in Frankfurt, New York, San Francisco, Seattle, Dallas, Washington D.C., London, Hong Kong and Shanghai. For more information, visit hqcapital.com

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