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Alex Somerville

First Vice President

Alex Somerville

First Vice President
Global Workplace Solutions
Lic. 01754913
+1 415 7720373
+1 415 7720459

San Francisco Downtown

415 Mission Street
Suite 4600
San Francisco, CA 94105
+1 415 7720123

Professional Experience

Alex Somerville is a First Vice President in the San Francisco office of CBRE and is a member of the firm's Global Corporate Services Group. Somerville joined CBRE after an eight year career in investment banking where he worked with a private equity client base to execute strategic M&A advisory assignments, senior and subordinated debt financings and public and private equity offerings. Areas of expertise include: corporate finance, accounting and tax issues; portfolio analysis and research; as well as development, acquisitions / dispositions and general leasing assignments.

Mr. Somerville is partners with Jay Sholl in providing transaction and advisory services for corporate clients based on the West Coast with national and international operations

The team has a combined 35 years of real estate leasing, development, and capital markets experience and provides advisory and execution capabilities for real estate portfolio decisions including property acquisition / disposition alternatives, sale-leaseback and lease vs. own decisions from an ownership / corporate finance perspective. Over the past 18 months, they have completed 4.84 million square feet of leasing transactions, in excess of 800,000 square feet of development including four build-to suit-transactions as well as multiple corporate dispositions of surplus properties.​​




Education

  • Stern School of Business , Master of Business Administration with Distinction, New York University
  • Auckland University, Bachelor of Engineering, New Zealand


Partial Transaction List


  • McKesson Corporation – ±258,900 SF headquarters lease in co-owned multi-tenanted building. Also valued ownership position in property and evaluated sale to, or buyout of, co-owner; evaluated impact of sale-leaseback accounting treatment and consolidation of co-ownership interest.
  • McKesson Corporation – disposed of approximately ±500,000 SF of surplus properties; multiple locations, mix off office and industrial.
  • McMorgan & Company – sold ±1.8 million SF industrial property in Monterey County, CA.

Clients


  • McKesson Corp.
  • UnitedHealth Group
  • The Clorox Company
  • Covad Communications
  • McMorgan & Company
  • Apollo Advisors
  • Warburg Pincus
  • Cornerstone Equity

Alex Somerville

First Vice President
Global Workplace Solutions
Lic. 01754913
+1 415 7720373
+1 415 7720459

San Francisco Downtown

415 Mission Street
Suite 4600
San Francisco, CA 94105
+1 415 7720123