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CBRE Bets on 5G with Newton Telecom Acquisition

Jan 6, 2020 | Reprints | Unlock Link

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The acquisition of a Newton-based telecom company will expand CBRE Group’s expertise in technology-infused workplaces.

New England Fiber Inc. specializes in advising tenants on real estate decisions for data centers and other commercial properties, including installation and design of network equipment.

“New technologies, such as 5G, will increase the focus of many occupiers on network capabilities when making real estate decisions,” Whitley Collins, CBRE’s global president of occupier advisory and transaction services, said in a statement. “NEF will give us the technical expertise to advise clients on network capabilities and ensure that we deliver exceptional outcomes for them across the globe.”

Founded in 2004, NEF serves large and mid-sized companies in various industries and vertical markets.

B&T Daily