CB Richard Ellis Will Continue to Manage Chevron's Retail Property Portfolio

The Chevron Corporation has renewed its contract with CB Richard Ellis Group, Inc. (CBRE), which will continue to provide comprehensive real estate services for Chevron’s retail property portfolio. The multi-year contract renewal encompasses transaction, facilities, and project management services for more than 650 retail sites in North America, as well as facilities management at more than 490 sites in the U.S.

Earlier this year, CBRE was awarded an expanded facilities management role for Chevron’s North American retail portfolio and expanded responsibility for divesting Chevron’s retail sites in Latin America. Chevron Corporation is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide.