CBRE acquiring Global WorkPlace Solutions unit from Johnson Controls

CBRE Group Inc., the parent company of CBRE Hawaii Inc., is buying the Global WorkPlace Solutions unit of Johnson Controls Inc. for about $1.48 billion in cash, a move that will add facilities management to the commercial real estate firm’s corporate-services business. Bloomberg reports John Murphy, president of the Johnson Controls (NYSE: JCI) Global WorkPlace Solutions unit, will become chief operating officer of CBRE’s Global Corporate Services division after the deal closes in the second…