New Chief of Industrial Group Eyes Growth

LOS ANGELES-Bart Reinhard of CB Richard Ellis has been named the 40th president of the AIR Commercial Real Estate Association and sees expanding membership as one of this year’s goals. Reinhard, a senior vice president in the Ontario office of CBRE, succeeds Stan Mullin, a senior vice president at Grubb & Ellis, as AIR president.

Reinhard is a 25-year real estate industry veteran who brings extensive brokerage and management experience to the leadership of AIR, having served as senior managing director of CBRE’s Los Angeles North region before returning to brokerage. He was part of a CBRE team including Darla Longo and Jeff Morgan that negotiated one of the largest industrial leases of its kind ever signed when shoe manufacturer and marketer Skechers USA inked an 11-year, $97.5 million lease for a 1.8-million-sf build-to-suit distribution center in the Inland Empire community of Rancho Belago last year. The CBRE team represented both Skechers and Moreno Valley-based landlord Highland Fairview.

An AIR member for 15 years, Reinhard has served on its board of directors for the past seven years, holding posts as education vice chair, computer chair, marketing chair, multiple director/vice president, and long-range planning chair. The 48-year-old AIR, with headquarters in Downtown Los Angeles, comprises nearly 1,770 brokers in more than 400 offices in the five-county Los Angeles Metro area.