Commercial People in the News
CBRE Appoints Marshall to Lead Americas Investor Leasing
CBRE Group, Los Angeles, named Scott Marshall Executive Managing Director of Investor Leasing to oversee the company’s leasing work across all asset types. Adam Mullen will succeed Marshall as leader of CBRE’s Industrial & Logistics business.
In his new role, Marshall bears responsibility for the growth strategy, operating platform and client-care programs associated with CBRE’s Investor Leasing business across office, industrial and retail property types. CBRE handled 444,000 lease transactions valued at $80.3 billion on behalf of owners in the Americas region last year.
A 20-year commercial real estate veteran, Marshall joined CBRE in 2011. Prior to his most recent role leading the Industrial & Logistics business, he was a Managing Director and one of four leaders running CBRE’s Chicago operations.
Mullen, who joined CBRE in 2014, now supports roughly 800 industrial professionals in the Americas as Senior Managing Director of Industrial & Logistics. CBRE’s Industrial & Logistics business line handled more than $42 billion in industrial transactions last year.
Mullen will focus on operating platform and client-care programs for CBRE’s Industrial & Logistics Occupier business. A 12-year veteran of the industrial property and logistics industries he previously directed CBRE’s Supply Chain and Industrial & Logistics Occupier business. He is based in Atlanta.
The company also appointed Chris Zubel to assist Marshall and Mullen as the leader of its Industrial & Logistics Investor Leasing business in the Americas. Zubel will be responsible for the growth strategy, operating platform and client care programs associated with CBRE’s Industrial & Logistics Investor Leasing business.
Zubel, who joined CBRE in 2003, will also continue with his role of leading CBRE’s Industrial & Logistics practice in Chicago as Managing Director.
Avison Young Opens New Office in St. Louis
Avison Young opened a new office in St. Louis, Mo., making Tim Convy, George Convy, Steve Stradal, Kevin Farrell and Gerard Mudd Principals of St. Louis Operations.
Tim Convy also becomes Managing Director – Brokerage of the new office.
Along with George Convy and Stradal, Tim Convy will focus on overseeing the growth and development of Avison Young’s presence in the St. Louis region and servicing new and existing clients by providing commercial real estate services including landlord advisory services, tenant representation, facilities management and property management.
Mudd and Farrell will manage the day-to-day operations of the office while also focusing on marketing, tenant representation and industrial and office transactions.
Tim Convy and George Convy, who have 37 and 45 years of commercial real estate experience respectively joined Avison Young from CBRE.
Stradal, with 25 years of experience, joins Avison Young from Balke Transwestern, where he was Vice President of Sales and Leasing. Mudd and Farrell, who have 30 and 38 years of industry experience respectively join Avison Young after partnering at Farrell Mudd Development.
JLL Names Ravanas CFO Americas
JLL, Chicago, appointed Suellen Ravanas Chief Financial Officer, Americas to direct all financial and business planning functions. She will be a strategic advisor to the operating business leaders and M&A team and will be responsible for strategic planning, reporting, accounting, controls and payroll. The appointment becomes effective in late November.
Ravanas recently worked at Publicis Groupe, the third-largest global communications company, where she held the role of North American Chief Financial Officer for all creative agencies, including Leo Burnett, Saatchi & Saatchi and Publicis. She previously was North American CFO of Leo Burnett, where she drove the overall corporate strategy and led its finance and operations functions. During this time, she launched new platforms to drive productivity, implemented a new ERP system and successfully integrated acquisitions into the company.
Prior to Leo Burnett, Ravanas spent seven years at PepsiCo in finance and corporate strategy roles across the Tropicana, Gatorade and Quaker Oats brands, including pricing, commercial and sales finance, financial planning and analysis, and M&A. Prior to PepsiCo, she was a principal consultant for eight years with A.T. Kearney in the United States and Europe.