Los Angeles, CA – CBRE today announced that Robert Peddicord will head the firm’s South Bay operations, including a 130-person office in El Segundo, effective January 1. In this role, Mr. Peddicord will have oversight of CBRE’s full spectrum of service offerings —including advisory and transactions, capital markets and asset services across all property types—for one of Southern California’s most dynamic real estate markets.
He is succeeding Jodie Poirier, who will relocate to Boston to join CBRE’s New England leadership team.
Mr. Peddicord, who came to CBRE in 2012, has served as executive managing director of Institutional Services for Greater Los Angeles and Orange County and, most recently as leader of Asset Services across the Western U.S. Prior to joining CBRE, Mr. Peddicord spent 18 years on the property ownership side, serving as chief operating officer of Younan Properties and GE Capital/Arden Realty.
“Bobby’s depth of experience will be a tremendous asset for our South Bay teams as we build on the strong momentum in the market,” said Lewis C. Horne, divisional president for Southern California, Arizona and Hawaii. “Bobby has long been recognized as one of our region’s most respected commercial real estate executives. In leading this dynamic and growing market, our professionals and clients stand to benefit greatly from his expertise.”
The South Bay office market encompasses 31.7 million square feet. The area, which includes the twin ports of Los Angeles and Long Beach, is also one of the biggest industrial markets with a total of more than 220 million square feet of space.
“I have had the privilege to work in Southern California my entire career and at this fantastic company for the past eight years,” said Mr. Peddicord. “I know many of these consummate professionals in this region and at our South Bay operations and am truly looking forward to supporting them in my new role.”
Earlier in his career, Mr. Peddicord was with Julien J. Studley, where he was a corporate managing director in Los Angeles for nine years.
Mr. Peddicord received a bachelor’s degree from University of California, Los Angeles.
He is succeeding Jodie Poirier, who will relocate to Boston to join CBRE’s New England leadership team.
Mr. Peddicord, who came to CBRE in 2012, has served as executive managing director of Institutional Services for Greater Los Angeles and Orange County and, most recently as leader of Asset Services across the Western U.S. Prior to joining CBRE, Mr. Peddicord spent 18 years on the property ownership side, serving as chief operating officer of Younan Properties and GE Capital/Arden Realty.
“Bobby’s depth of experience will be a tremendous asset for our South Bay teams as we build on the strong momentum in the market,” said Lewis C. Horne, divisional president for Southern California, Arizona and Hawaii. “Bobby has long been recognized as one of our region’s most respected commercial real estate executives. In leading this dynamic and growing market, our professionals and clients stand to benefit greatly from his expertise.”
The South Bay office market encompasses 31.7 million square feet. The area, which includes the twin ports of Los Angeles and Long Beach, is also one of the biggest industrial markets with a total of more than 220 million square feet of space.
“I have had the privilege to work in Southern California my entire career and at this fantastic company for the past eight years,” said Mr. Peddicord. “I know many of these consummate professionals in this region and at our South Bay operations and am truly looking forward to supporting them in my new role.”
Earlier in his career, Mr. Peddicord was with Julien J. Studley, where he was a corporate managing director in Los Angeles for nine years.
Mr. Peddicord received a bachelor’s degree from University of California, Los Angeles.
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 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 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.
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 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 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.
