CBRE announced today it has promoted Peter N. Shikar to First Vice President at the firm. Having joined CBRE in 2011, Mr. Shikar has consistently been recognized for his work on industry-leading transactions.

Specializing in strategic planning and developing long-term real estate solutions for his clients, Mr. Shikar brings a broad range of skills with more than 20 years of experience in sales, marketing and new business development. At CBRE, he focuses exclusively on office leasing and sales, providing occupier and owner representation on both a national and international platform.

Serving on the landlord’s behalf, Mr. Shikar has represented numerous prestigious owners throughout New Jersey, including KABR Real Estate Investment, National Business Parks and The Silverman Group.

“Peter is widely recognized by his clients and colleagues as one of the top professionals in our industry,” said Jeff Hipschman, Senior Managing Director of CBRE’s New Jersey offices. “During his tenure at CBRE, he has carved out a remarkable career generating outstanding results for our clients. We are extremely proud of his success and congratulate him on this well-deserved promotion.”

A licensed real estate salesperson in New Jersey and New York, Mr. Shikar earned a

Bachelor of Business Administration in Finance and an MBA from the City University of New York Baruch College.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.