Rogg will head the Orlando team dealing exclusively with institutional investors interested in acquiring industrial and office properties, according to a prepared statement from his office.
His past clients are the Praedium Funds, Goldman Sachs, General American Life Insurance Co., Lend Lease Real Estate Investments and Equity Office Properties of Chicago.
Rogg's new appointment comes as Grubb & Ellis Co., a competitor, reports first-half investment sales in Orange, Seminole, Hillsborough and Pinellas counties are down 33% from last year. Institutional buyers closed on $399 million in properties from January to June compared to $590 million in the same 2001 period.
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