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CB RICHARD ELLIS PROMOTES MARK FEWIN TO GLOBAL LEADER OF PROJECT MANAGEMENT SERVICES

Los Angeles, CA – November 18, 2010 – (RealEstateRama) — CB Richard Ellis Group, Inc. (CBRE) today announced that Mark Fewin has been promoted to Executive Managing Director and Global Leader of Project Management Services, effective January 1, 2011. Mr. Fewin succeeds Ken Loeber, who was named to Global Leader of Business Development for CBRE’s Global Corporate Services business line.

Mr. Fewin, a 24-year veteran of the Company, has a wide-ranging background in construction management and property development, and has held several senior leadership positions. Most recently, he has been CBRE’s market leader for the Dallas/Ft. Worth market, where he has directed more than 950 employees across the full spectrum of the Company’s business lines.

“Mark is a proven leader and value creator and we are excited to have him lead of Project Management activities across the world,” said Bill Concannon, president of CBRE’s Global Corporate Services. “We see Project Management as a significant business opportunity and Mark has the right combination of technical knowledge, management skills and customer service passion to propel our continued growth.”

CBRE is the highest-ranked commercial real estate services company on the list of the largest construction management firms, according to Engineering News-Record.

Mr. Fewin joined Trammell Crow Company in 1986 (CBRE acquired TCC in 2006) and has overseen more than 15 million sq ft of property development, including a national initiative focused on building properties for corporate customers. He also previously served as Market Leader for the Company’s operations in North Carolina and South Carolina. As Dallas/Ft. Worth Market Leader he has been actively engaged in serving such major locally-based corporate clients as Baylor Health Care System and Hewlett Packard.

Mr. Fewin is a 20-year Dallas resident and holds a B.S. degree in Construction Engineering Technology from Texas Tech University. He will continue to be based in the Company’s Downtown Dallas office. Mr. Fewin will assume his new duties on January 1, 2011 and CBRE expects to name a new leader for its Dallas/Ft. Worth area operations prior to that time.

About Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.

Contact:
Robert McGrath
212.984.8267