Newport Beach, Cali. (February 4, 2015) – CBRE Group Inc. announced today that Greg Sullivan has returned as First Vice President in the Land Services Group. Based in the CBRE Newport Beach office, Sullivan specializes in evaluating non-performing and obsolete commercial assets and underwriting the residential product that may replace them.
“Greg has a unique specialty. His knowledge of general plan amendments and zone-change processes will be a valuable asset when evaluating complicated infill opportunities,” says Kurt Strasmann, Senior Managing Director in Newport Beach. “We welcome him back and anticipate he’ll help further enhance our infill, residential land presence.”
Sullivan has more than 28 years of experience in commercial real estate and residential development. He has consummated more than one billion dollars in commercial, multifamily, and single family residential development properties. Sullivan started his career at CBRE in 1986 as Associate and was in the office group for eight years.
Sullivan spent the last five years at WD Land as a Vice President of their Infill Residential Land division and completed some of the largest residential development transactions in Southern California, including Boardwalk by Windsor, Platinum Vista & Malden Station. Prior to his tenure at WD Land, Sullivan was a co-founding member and Principal of Urban Infill Properties, a boutique brokerage company focused on residential land and development.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com