CB Commercial contemplates IPO. (CB Commercial Real Estate Group Inc.; initial public offering)

 
CB COMMERCIAL 
 
Headquarters:                Los Angeles 
Chairman:                   James Didion 
1995 revenues:              $470 million 
U.S. offices:                         86 
Bay Area offices:                      5 
U.S. employees:                    3,900 

Realty titan would use proceeds to strengthen finances

CB Commercial Real Estate Group is exploring a plan to raise at least $75 million in a public offering of common stock.

Last week, Los Angeles-based CB Commercial Holdings Inc., the privately-held parent of the real estate services giant, filed a draft proxy statement with the Securities and Exchange Commission for its review.

"We …