CBRE Buys Peloton Operation in San Antonio
Gardner Peavy, the former Peloton partner and principal broker of its San Antonio office, was named managing director for CBRE’s San Antonio operations.
CBRE Group acquired the San Antonio operations of Peloton Commercial Real Estate, a boutique commercial real estate firm with offices throughout Texas.
Terms of the acquisition were not disclosed. Peloton’s operations in Dallas, Ft. Worth, Houston and Austin were not involved in the sale.