Bob Bach

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    The recently acquired Bank of America Center, Citrus Center and One Orlando Centre encompass more than 1 million square feet of Class A office space.

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    The transaction included two Fairfield Inn & Suites properties located in Naperville and St. Charles, Ill. Vice Presidents Nate Sahn and John Karver represented the owners.

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    Mike Garlick is now in charge of the Phoenix office's overall strategy. He holds over two decades of experience in commercial real estate and has a good connection with the Phoenix brokerage community.

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    Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.

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