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Commercial Property News - Business Management News
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The latest news and information from CommercialPropertyNews.com
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CBRE Promotes 4 to SVP
CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president. They were previously first vice presidents.
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Jones Lang's Meyer Named President, Society of Industrial, Office Realtors
The head of Jones Lang LaSalle’s industrial practice, Craig Meyer has been named the new president of the society of industrial and office realtors.
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Zogby: American Attitudes Shifting Away from Material Focus
Americans are increasingly shifting their focus away from wealth accumulation, and looking to find fulfillment in other pursuits, said John Zogby, president & CEO of Zogby International. The widely-quoted pollster was the keynote speaker and master of ceremonies of CPN’s Executive Awards luncheon, held Friday in New York.
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New ProLogis CEO Details Plans to Put Company Back on Track
In a presentation to investors Thursday, new ProLogis CEO Walter Rakowich, the company’s former president & COO, fleshed out some specifics about how the world’s largest developer/owner of distribution facilities will move forward past its current crisis. In addition, a new report on equity REITs documents just how much those entities have been shaken up lately.
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Hirvela Resigns as BRE Properties EVP, CFO
BRE Properties Inc. announced the resignation of Henry Hirvela, the company's executive vice president and CFO, effective today.
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O?Connor Joins Gramercy Capital as President
Gramercy Capital Corp.appointed Timothy O’Connor as president.
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Grubb & Ellis Taps Engel as SVP, Accounting, Finance
Grubb & Ellis Co. has named veteran finance executive Matthew Engel senior vice president, accounting and finance and chief accounting officer, effective immediately.
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Shah Joins First Industrial as Leasing Director
First Industrial Realty Trust Inc. has named Nader Shah marketing and leasing director for the Irvine region. In this role, he will focus on identifying new build-to-suit, development and acquisition opportunities and handling portfolio management and tenant retention.
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REIT Woes Continue as Prologis CEO Schwartz Resigns; Firm to Halt Development, Slash Dividend
Jeffrey Schwartz, CEO & chairman of Denver-based global industrial real estate giant Prologis, will resign from his position after nearly four years at the helm. Schwartz will be replaced as CEO by current Prologis president & COO Walter Rakowich, while board trustee Stephen Feinberg will assume the role of chairman.
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Open Offices, Mixed Greens Highlighted in CoreNet Surveys
A pair of new surveys, released by CoreNet Global at its summit in Orlando, Fla., focus on two key areas in corporate real estate: alternative workplace strategies (AWS), which are very much on the rise, and green buildings, where attitudes are, at least this year, decidedly mixed.
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Open Offices, Mixed Greens Highlighted in CoreNet Surveys
A pair of new surveys, released by CoreNet Global at its summit in Orlando, Fla., focus on two key areas in corporate real estate: alternative workplace strategies (AWS), which are very much on the rise, and green buildings, where attitudes are, at least this year, decidedly mixed.
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Kaye Joins Gotham as VP, Development
Gotham Org. announce that Jeffrey Kaye has joined the firm as vice president of development.
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Moreton Joins The Pizzuti Companies as Manager, Business Development
The Pizzuti Cos. have announced that Stephanie Moreton has joined the firm as manager of business development.
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Robertson Joins Jones Lang as VP, Industrial, Office, Investment
Jones Lang LaSalle announced that 15-year commercial real estate veteran Thomas Robertson joined as vice president serving industrial, office, investment and life sciences initiatives throughout Florida.
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Brown Rejoins Grubb as SVP, Retail Group
Ian Brown has rejoined Grubb & Ellis Co.'s Newport Beach office as a senior vice president with the retail group.
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Shelton Joins Western National as President
Thomas Shelton has been named president of Western National Property Management, the multifamily management arm of Western National Group.
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Cassidy & Pinkard Colliers Hires Managing Director, 2 Vice Presidents
Cassidy & Pinkard Colliers has added three new brokers to its Washington, D.C. Landlord Representation Leasing team. Bobby Schwartz has joined the company as managing director and Eli Barnes and Will Stern have both joined as vice president. These office leasing professionals come to Cassidy & Pinkard Colliers from Jones Lang LaSalle.
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GVA Advantis Taps Hall as Associate
GVA Advantis has hired Maria Camarinos Hall as an associate of office services for its Tampa office where she will concentrate on both landlord and tenant representation.
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Executive Q&A: Riverstone Residential CEO Talks Shop
Dallas-based Riverstone Residential Group, already one of the nation's largest privately owned third-party residential real estate management companies, is getting even larger, growing by leaps and bounds with such moves as its April acquisition of Seattle-based HSC Real Estate Inc. And as Riverstone CEO Christy Freeland told CPN, size really does matter.
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Lee & Associates Launches National Investment Group
The investment sales market has hit a rough patch due to the credit freeze-up, but despite this, Lee & Associates announced today it is launching an investment sales arm, to be dubbed Lee Investment Services Group.
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