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CBRE, Trione & Gordon Teaming Corners Market Share in Houston

HOUSTON-For the next two years, the name is Trione & Gordon-CBRE and then it's just CB Richard Ellis. Under the deal, Trione & Gordon is in charge of tenant representation and corporate services in the city and the lead for CBRE's global energy practice.

By Jennifer Brenner Andrade | Updated on October 05, 2003

HOUSTON-Los Angeles-based CB Richard Ellis Inc. has scored a major power play in the metropolitan market, ending two years of negotiations to acquire the locally based Trione & Gordon LLP. For the next two years, the name on the letterhead is Trione & Gordon-CBRE.

Sanford Criner, an executive vice president of the newly formed group, tells GlobeSt.com that the closing took place as planned late last week. The acquisition puts Trione & Gordon in charge of tenant representation and corporate services in the city plus CBRE’s global energy practice for offices in Calgary, Canada, Aberdeen, Scotland, Sao Paulo, Brazil, London, Singapore, Paris and Mexico City.

William Penland, senior managing director and head of CBRE’s local office, says the Trione & Gordon name stays out front for two years. Then, the name will be changed to CB Richard Ellis, he says. Earlier in the acquisition talks, Trione & Gordon, formed nearly 20 years ago by Gerard Trione and Charles Gordon, dropped a 12-year relationship as the local affiliate for Oncor International.

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