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Rusty Kennedy

Senior Vice President

Rusty Kennedy

Senior Vice President
Advisory & Transaction Services, Industrial & Logistics
Meet the Team
+1 602 735 1712
+1 602 696 8616
+1 602 735 5374

Phoenix

2575 East Camelback Road
Suite 500
Phoenix, AZ 85016
+1 602 735 5555
+1 602 735 5655

Professional Experience

 

Rusty Kennedy is a Senior Vice President with CBRE’s Phoenix office. Rusty focuses his attention on industrial landlord and tenant representation across the metropolitan Phoenix market. His experience in optimizing real estate portfolios and reducing occupancy operating costs allows him to help his clients reach their real estate business goals. Rusty’s ability to engineer and implement integrated real estate solutions to solve the unique needs of real estate owner’s, businesses and corporations has established him as one of Arizona’s most respected industrial brokers.

Joining CBRE in 2007, Rusty began his career at CBRE with Joe Porter, Pat Feeney and Dan Calihan in industrial services, becoming a partner after two years. Considered market-leaders in industrial services in Arizona, the team has been among the top producing brokerage professionals for CBRE’s Phoenix office on a yearly basis.

A native of Phoenix, Rusty came to CBRE after two years competing as a professional golfer on the Gateway and Canadian Tours. Rusty and his wife, Alyson, live in Phoenix with their two daughters.

 

Professional Affiliations / Accreditations

 

  • CBRE America’s Producer Advisory Board 2018 –Present
  • NAIOP AZ Executive Committee 2018 –Present
  • NAIOP AZ Board of Directors 2014 –Present
  • NAIOP Developing Leaders Steering Committee, Chairman 2013
  • Council of Supply Chain Management Professionals, Member
  • Urban Land Institute, Member
  • AZ Disabled Sports Board of Directors 2017
  • Southwest Region Leader of CBRE’s Industrial “Young Guns” Network
  • NAIOP Member

 

Achievements

 

  • NAIOP AZ “Emerging Broker of the Year” Award Recipient: 2014
  • NAIOP AZ “Developing Leader of the Year” Award Recipient: 2012, 2011
  • NAIOP National “Developing Leader of the Year” Award: 2012
  • NAIOP AZ “Brokers of the Year”: 2016, 2015, 2012, 2011, 2010
  • RED Awards “Industrial Sales Team of the Year”: 2015
  • Finalist NAIOP AZ “Rookie of the Year”: 2010
  • Finalist NAIOP AZ “Brokers of the Year”: 2017, 2014, 2013, 2009

 

Education

 

  • The University of Texas, Bachelor of Science; Economics, 2005, Austin, Texas
  • University of Virginia; 2000 - 2001, Charlottesville, Virginia
  • Arizona Department of Real Estate Licensed Agent

 

Significant Assignments

Tenant

  • Target
    1,500,000 SF
  • REI
    400,000 SF
  • Quaker Sales & Distribution (Pepsico)
    580,000 SF
  • SanMar
    480,000 SF
  • Home Depot
    400,000 SF
  • QVC/ Cornerston
    350,000 SF
  • Fairlife
    53 Acres
  • Vitamin Shoppe
    187,000 SF
  • Packaging Corporation
    183,095
  • Medline Industries, Inc.
    135,472 SF
  • Propak
    120,000 SF
  • Ulta
    108,194 SF
  • Staples Contracts & Commercial
    100,723 SF
  • Big-O-Tires, LLC
    99,296 SF
  • Ceva
    97,600 SF
  • Cornerstone Services, Inc.
    337,897 SF
  • Home Meridian International
    327,790 SF
  • Staples Contract & Commercial
    296,763 SF
  • Conn’s Appliances, Inc.
    277,649 SF
  • American Building Supply
    253,400 SF
  • Silent Aire
    243,000 SF
  • Kuehne + Nagel, Inc.
    201,666 SF
  • Ford Motor Company
    165,699 SF
  • Greentree Financial
    162,000 SF
  • Woodstuff Manufacturing, Inc.
    161,875 SF
  • Home Depot
    135,472 SF
  • TruLite Glass & Aluminum Solutions
    89,670 SF
  • SubZero
    86,400 SF
  • Frito Lay
    81,126 SF

 

Sale

  • Amazon/Home Depot
    1,600,000 SF, $125,000,000
  • 4502 West Monterosa
    26.8 Acres, $8,400,000
  • First Industrial
    614,000 SF, $54,000,000
  • NEC Hwy 85 & Cotton Lane
    293 Acres, $36,000,000
  • Rubbermain Facility
    758,000 SF, $43,500,000
  • Coldwater Depot Phase I & II
    $39,650,000
  • NWC University Drive & State Fwy 43
    213,000 SF, $19,100,000
  • University Drive Portfolio
    174,664 SF, $18,325,000
  • 2851 W. Kathleen Drive
    102,996 SF, $16,250,000
  • Tolleson Business Center
    153,927 SF, $14,500,000
  • 14647 S. 50th Street
    133,600 SF, $14,408,000
  • EJM Goodyear Industrial
    230 AC, $13,250,000
  • 5310 W. Camelback Road
    152,523 SF, $12,860,000
  • 1 N. 59th Avenue
    182,000 SF, $12,450,000
  • SubZero/ Goodyear
    440,000 SF, $12,300,000
  • MountainView Commerce Center
    134,713 SF, $11,560,000
  • Riverside Distribution Center
    503,239 SF, $33,705,000
  • Tempe Commerce Park III & IV
    160,313 SF, $27,550,000
  • 2300 South 51st Avenue
    335,459 SF, $26,800,000
  • NEC Highway 85 & Cotton Lane
    293 Acres, $24,000,000
  • Van Buren Distribution Center/ 135 East Watkins
    359,031 SF, $22,874,000
  • Roth Family Trust Portfolio II
    437,000 SF, $22,000,000
  • Baseline Foothills
    147,454 SF, $17,500,000
  • Foothills Vista Tech Center
    98,000 SF, $16,350,000
  • Van Buren Distribution Center/ 135 East Watkins
    434,234 SF, $15,500,000
  • EJM/ YSM, 275 AC
    $15,400,000
  • Roth Family Trust Portfolio
    370,405 SF, $13,965,000
  • 109 S. 37th Avenue
    208,835 SF, $13,783,110
  • 8521 E. Princess Drive
    74,110 SF, $13,500,000
  • Foothills Vista Tech Center
    98,000 SF, $11,850,000
  • Maricopa Business Park|
    212,746 SF, $11,675,000

 

Clients

 

  • Clarion Partners
  • Colony Capital
  • Cohen Asset Management
  • Crow Holdings Industrial Trust
  • Deutsche Asset and Wealth Management
  • EastGroup Properties
  • EJM Development
  • First Industrial Realty Trust
  • Greenstreet Real Estate
  • Lake Washington Partners
  • Liberty Property Trust
  • Lincoln Property Company
  • Mack Company
  • Merit Partners
  • Mountain West Properties
  • New York Life
  • Principal Financial Group
  • Prologis
  • Ryan Companies
  • Trammell Crow Company
  • Tratt Properties
  • USAA
  • Wentworth Property Company

Rusty Kennedy

Senior Vice President
Advisory & Transaction Services, Industrial & Logistics
Meet the Team
+1 602 735 1712
+1 602 696 8616
+1 602 735 5374

Phoenix

2575 East Camelback Road
Suite 500
Phoenix, AZ 85016
+1 602 735 5555
+1 602 735 5655

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