ORLANDO—In a move to reinforce its Land Services Group globally, CBRE has wooed industry veteran David Pace to its team. Pace is on board as executive vice president of the group, focusing on consulting and transactional services involving large, complex, mixed-use and often stressed development projects.

“We see an improvement in overall market conditions,” Bill Moss, senior managing director of CBRE’s Orlando office, tells GlobeSt.com. “We see lenders and others who are in control of difficult land parcels coming to the mindset that this is the time to start moving toward understanding what they have and to a potential sale of those assets.”

Before joining CBRE, Pace was managing director for Pritzker Realty Group's redevelopment of the 1,100-acre former Orlando Naval Training Center property. He assembled and led the team that created over $2 billion in value in Baldwin Park. At CBRE, Pace will cover local, national and global opportunities.