CBRE announced today that Russell Ingrum will lead office institutional investment sales for CBRE Capital Markets in Texas.
Mr. Ingrum, an accomplished office investment sales professional with a long and successful track record in Texas, is returning to the region from the San Francisco Bay area where he was a senior leader in the firm's Northern California Capital Markets team for the past eight years. Mr. Ingrum, a vice chairman, will be based in CBRE’s Dallas office.
“Russell is skilled at creating great outcomes for our clients and is a proven builder of talented teams of professionals. We are delighted Russell is returning home to Texas,” said Chris Ludeman, Global President of Capital Markets for CBRE.
“We are thrilled to have Russell return to Texas where he started his career. He has extensive experience and strong relationships in these markets and he knows the investment community in Texas well, allowing him to advise our clients immediately,” said Michael Caffey, President, South-Central Division & Latin America for CBRE.
Mr. Ingrum has closed more than 850 equity sales transactions in the U.S., consisting of 605 million square feet for a total consideration of $36 billion. He has consistently been a top national producer for CBRE in investment sales, representing some of the country’s largest equity/opportunity funds, life insurance companies and REITs.
“It is with great excitement that I am returning to Texas where I have so many friends, clients and memories. This team will have a differentiating quality based on our existing connections in the region and the time I have spent on the West Coast, forging relationships and meeting new capital sources unfamiliar with the Texas markets. We will continue to leverage our relationships throughout the country and world, combined with best in class execution at the asset level. I look forward to beginning this new chapter,” said Mr. Ingrum.
Mr. Ingrum’s transition from Northern California is possible because of the strong and cohesive team of equity and debt professionals, including Michael Taquino and Kyle Kovac (San Francisco & Oakland); Brad Zampa and Mike Walker (DSF); and Joe Moriarty, Scott Prosser and Jack DePuy (San Jose) who will continue to lead the market for CBRE.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
