CBRE is pleased to announce that Brian Fiumara has earned the title of Vice Chairman, which is the highest title for producers within the company. This promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey has achieved this title.
Fiumara has more than 20 years of experience in commercial real estate, representing institutional and private equity clients in the acquisition as well as the disposition of income-producing properties and development opportunities.
Fiumara, who partners with Michael Hines (also Vice Chairman), Brad Ruppel and Lauren Dawicki, completed 42 industrial transactions in 2018, totaling 28 million sq. ft. and representing $2.19 billion in total value.
Fiumara is also a member of CBRE National Partners, which is comprised of 25 industry leaders in a partnership model. They deliver superior information, analytics and strategy to serve clients throughout the industrial investment property life cycle and across the capital stack. In 2018, the team completed 248 transactions totaling 253 million sq. ft., with an aggregate value of $19 billion.
In 2019, Fiumara was involved in some of the largest transactions in the region. In August, Fiumara and his team arranged for the sale of a 33-property, 129-acre industrial portfolio acquired by Colony Industrial. The CBRE team represented the seller, Hampshire Real Estate Companies, during the multi-faceted transaction.
"Brian's promotion to Vice Chairman is so very well deserved," said Jack Fraker, Managing Director of Global Industrial & Logistics for CBRE. "His tremendous work ethic, market knowledge, industry relationships, presentation skills and winning personality have helped position CBRE as a market leader in New Jersey, the New York boroughs and the greater Northeast region in general. He is a team player and in so many ways, he is the future for CBRE in the industrial and logistics sector."
"Brian has been at the forefront of the most market-changing industrial and logistics transactions in the Northeast, and this promotion is well deserved. Brian's unmatched knowledge of the industry and his extraordinary work-ethic allow him to provide clients with first-class results. In addition to his outstanding achievements, Brian is a trusted mentor and role model to many of his colleagues," said Adam Mullen and Jeff Hipschman, CBRE Market Leaders for greater Philadelphia and New Jersey, respectively.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), 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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 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.