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CBRE Restructures NorCal Institutional Investment Team

SAN FRANCISCO-The firm has initiated a series of moves designed to strengthen significantly its delivery of capital-markets solutions to CRE investors in the San Francisco Bay Area.

By Carrie Rossenfeld | Updated on May 18, 2012

SAN FRANCISCO-CBRE has restructured its Northern California institutional-investment team to strengthen its delivery of capital-markets solutions to commercial real estate investors in the San Francisco Bay area as well as across Northern California. The restructuring involves a relocation for one executive, a return engagement for another and a joining of forces with two other CBRE executives in the area.

Russell Ingrum, a capital markets professional and the practice leader for CBRE’s office institutional group nationally, will relocate to San Francisco from Houston, where he serves a stable of institutional investors in meeting their needs in markets across the country. Following his relocation to San Francisco, Ingrum will continue to serve as the national office practice leader for CBRE’s institutional group, and Kevin Shannon will maintain his position leading the company’s office investment practice in the West. Ingrum will continue to be active in Texas markets, collaborating with Bernard Branca and Jared Chua in Houston and Gary Carr in Dallas to meet institutional investor needs in those markets. He has been a key team leader in the successful disposition of more than 605 million square feet of property in 60 different markets with a total value exceeding $36 billion.

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