Los Angeles - Oct. 19, 2016 - CBRE Group, Inc., announced today that Scott Marshall has been named Executive Managing Director of Investor Leasing to oversee the company's leasing work across all asset types, and that Adam Mullen has been appointed to succeed Mr. Marshall as leader of the company's Industrial & Logistics business.
In his new role, Mr. Marshall now has responsibility for the growth strategy, operating platform and client-care programs associated with CBRE's Investor Leasing business across office, industrial and retail property types. In 2015, CBRE handled 444,000 lease transactions valued at $80.3 billion on behalf of owners in the Americas region.
A 20-year veteran of the commercial real estate industry, Mr. Marshall joined CBRE in 2011. Prior to his most recent role leading the Industrial & Logistics business, he was a Managing Director and one of four leaders running CBRE's Chicago operations. Based in Chicago, Mr. Marshall is a member of CBRE's Americas Strategic Group and serves on numerous CBRE leadership boards.
Mr. Mullen, who joined CBRE in 2014, now supports roughly 800 Industrial professionals in the Americas as Senior Managing Director, Industrial & Logistics. The CBRE Industrial & Logistics business line handled more than $42 billion in industrial transactions last year.
While responsible for the entire business line, Mr. Mullen will focus his efforts on the growth strategy, operating platform and client-care programs for CBRE's Industrial & Logistics Occupier business. A 12-year veteran of the industrial property and logistics industries, Mr. Mullen previously directed CBRE's Supply Chain and Industrial & Logistics Occupier business, working hand-in-hand with top clients and professionals. He is based in Atlanta.
"We are looking forward to bringing Scott's enthusiastic leadership and client-centric approach to our investor-focused leasing activities for all property types," said Jack Durburg, Americas Chief Executive Officer. "As a successor to Scott, Adam brings deep knowledge of our Industrial & Logistics capabilities, people and platform - as well as exceptional client relationships - to his new role. He is well positioned to help us guide our clients' growth in the industrial sector."
In another move to further support CBRE's market leading Industrial & Logistics business, the company has appointed Chris Zubel to assist Scott Marshall and Adam Mullen as the leader of its Industrial & Logistics Investor Leasing business in the Americas. In this role, Mr. Zubel will be responsible for the growth strategy, operating platform and client care programs associated with CBRE's Industrial & Logistics Investor Leasing business.
Mr. Zubel, who joined CBRE in 2003, also will continue with his role of leading CBRE's Industrial & Logistics practice in Chicago as Managing Director.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.