CBRE has appointed property professional, Jarrad Grierson, to lead its Perth Industrial & Logistics division.
Mr Grierson, who joins CBRE as Head of Industrial & Logistics, Perth, brings more than 20 years of property industry experience, including his most recent role as Senior Director of Industrial with Knight Frank Perth.
With demonstrated expertise in industrial investment sales and leasing, Mr Grierson has completed more than $120 million wosrth of transactions in Perth’s industrial & logistics market over the past 12 months. He has worked closely with high net worth investors, domestic syndicates, unlisted REITs and institutional groups to attract investment into Perth.
CBRE’s National Director of Industrial & Logistics Services, Cam Grier, said Mr Grierson’s appointment coincided with a growth phase for the Perth market.
“The re-emergence of WA’s resources sector presents significant opportunity for Perth’s industrial & logistics market, with growing investor interest in the sector from both domestic and offshore groups,” Mr Grier said.
“Drawing on his client connectivity, extensive investment experience and market intel, Jarrad will ensure we are delivering a leading-edge service offering, which is client-centric and at the forefront of regional and global trends in the sector.”
Mr Grierson will work closely with Warick Irving, Senior Director of CBRE’s Perth Industrial & Logistics divisions, as well as the broader national team - leveraging both the firm’s geographical reach and fully integrated end-to-end service platform.
Mr Grierson said he was looking forward to harnessing CBRE’s extensive geographic reach to attract more investment in Perth’s industrial & logistics market.
“Perth’s industrial & logistics market is positioned extremely favourably from an investment perspective, with opportunistic buyers – both domestic and international – looking to take advantage of the attractive investment fundamentals,” Mr Grierson said.
“2019 will be year of heightened activity as eastern seaboard groups increasingly look to markets such as Perth and Brisbane for countercyclical investment opportunities.”
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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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 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.