Cisco Systems Awards CB Richard Ellis Group, Inc. Global Project Management Services
Los Angeles/London, 7 October 2009 — CB Richard Ellis Group, Inc. (NYSE:CBG) today announced it has it has been selected by worldwide networking leader Cisco Systems to be its preferred provider of project management services globally. These services will encompass capital construction projects within Cisco’s 506 locations spanning 87 countries and totaling 23.6 million square feet.
CBRE was selected by Cisco after a competitive evaluation process. Under a multi-year agreement, CBRE will manage global coordination and delivery of all projects. Potential project types range from fit-out of small field offices to large-scale campus development to complex data center construction. Locations supported range from Cisco’s San Jose headquarters campus to outposts in diverse emerging markets.
The consolidation of project management under CBRE is an important initiative within a larger global resource optimisation program driven by Cisco Workplace Resources. The optimisation program will leverage outsourcing partners, improve cost, enhance performance, and promote consistency worldwide.
The Cisco-CBRE relationship commenced in 1999 and includes the provision of facilities management, tactical space planning, and move management services within select Cisco sites. In addition, CBRE is a longstanding customer utilising Cisco technology to support its business operations.
According to Alan McGinty, Director, Cisco Global Partner Strategy, Workplace Resources: “Global project management is core to our resource optimisation mission. CBRE’s track record of performance and their strong leadership team made us confident in their ability to manage our projects seamlessly through market-driven practices and to create strategic value globally.”
David Wagner, Sr. Director, Cisco Workplace Resources, added, “Our corporate real estate organisation is focused on operational excellence. A key component of that pursuit is the development of a universal, scalable platform that can be consistently and rapidly leveraged on behalf of our portfolio and clients and CBRE offers such an established global platform.”