Restructure leads to senior CBRE Industrial promotions

​Sydney, 10 February 2014 – CBRE has announced several senior promotions as part of a restructure of its Pacific Industrial & Logistics Services division.

CBRE’s Regional Director - Pacific, Industrial & Logistics Services, Matt Haddon said the business line had been more clearly delineated to recognise the specialised capabilities and skill sets of agents in the fields of Brokerage and Investments.

Jason Edge, based in CBRE’s Western Sydney office, has been promoted as National Director, Brokerage while Chris O’Brien has been appointed as National Director, Investments, based out of CBRE’s Melbourne office.

Mr Haddon said CBRE had a market leading position in the Industrial & Logistics Services sector and the restructure would help drive the firm’s planned growth in the delivery of exceptional client results.

The Brokerage team will focus on generating occupier related transactions, including leasing, vacant possession building sales, development consultancy and land sales, while the Investments team will focus on capital markets transactions, providing industrial property Investors with acquisition and divestment services, in addition to packaging the sale & leaseback of industrial property assets for corporate clients.

The move follows a very successful 2013, during which CBRE was involved in many of the region’s most significant industrial investment transactions, such as the $220+ million sale of the Australand Wholesale Property Fund No. 6, the $70.5 million sale of a K-Mart logistics facility at Canningvale in Perth, the circa $70 million PMP National Sale & Leaseback Portfolio and the $63.4 million portfolio sale of refrigerated distribution Centres in Victoria and Queensland to Sydney-based investment group Propertylink.