Retail Veteran Has Experience Operating Stores, Advising On Expansions
CBRE today announced that Michael Seigel, a veteran of more than 45 years in retail and retail real estate, has joined the company as Vice President of Retail Advisory & Transaction Services in Palo Alto, Calif.
Mr. Seigel brings to CBRE a long history of working with retailers on their debuts and expansions in Northern California and beyond. He has worked on multistore expansions with retailers such as Panda Express, Chipotle, Coldstone Creamery, Rubio’s Coastal Grill, GameStop and The Habit Burger Grill.
Mr. Seigel’s extensive experience includes operating his own stores, negotiating leases, selecting store sites and supervising store planning and construction. He comes to CBRE after working for 28 years at Cushman & Wakefield/Terranomics and its predecessors, departing as Vice President. Prior to that, he served as President and Chief Executive Officer of Lockett Shoe Co. for 18 years.
Mr. Seigel reports to Matt Kircher, CBRE Managing Director and Executive Vice President of Retail Advisory & Transaction Services in San Francisco. The two worked together for more than 20 years at Terranomics.
“Michael brings tremendous value to CBRE with his legacy of helping retailers in their rollouts in the greater Bay Area and in advising retail investors,” Mr. Kircher said. “Michael’s retail expertise, tremendous work ethic and tireless client service fit perfectly with CBRE’s strategy for advising clients in the changing retail marketplace.”
Mr. Seigel earned his Bachelor of Science degree in Business from Indiana University. He is a member of the International Council of Shopping Centers.
CBRE’s Retail professionals use research, location analytics, customized training and in-depth market knowledge – collectively called Retail Science – to serve retail clients as trusted advisors who understand all aspects of retail. As a company, CBRE caters to the evolving needs of retailers and retail investors by combining these tools with its vast scope of more than 1,000 Retail professionals across the globe and the industry’s broadest suite of real-estate service offerings.
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 approximately 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.
