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Deals & Dealmakers

CBRE buys Florida valuation firm

CBRE announced the acquisition of Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support related to eminent domain proceedings across Florida and the Southeast.

The firm’s three principals, Nick Chop, MAI, R/W-AC; Courtland Eyrick, MAI, AI-GRS; and Justin S. Markley, MAI, CCIM, together with their team of appraisers have years of extensive commercial and litigation appraisal experience.

“Adding Florida Valuation’s talented professionals and their well-established expertise in right-of-way appraisals enhances our ability to deliver exceptional outcomes for clients facing eminent domain situations,” said Thomas McDonnell, Americas President, CBRE Valuations.

Nick Chop commented, “We have worked hard to be a trusted partner for our clients and joining CBRE enables us to meet more of their ever-evolving needs, in more markets, than ever before. We are excited to be part of the CBRE team.”

Chop, Eyrick and Markley each join CBRE as directors and will lead CBRE’s Right of Way/Eminent Domain specialty practice in Florida and the Southeast Region. The operation will remain headquartered in Jacksonville, Florida.

“Nick, Courtland, Justin and their colleagues are not only eminent domain specialists but are among the region’s most respected valuation professionals and adding them to CBRE Jacksonville will significantly enhances our market leadership,” said William (Tripp) Gulliford, Senior Managing Director, CBRE Jacksonville.

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