Named Managing Director for Asset Services in New York City
NEW YORK, NY (May 20, 2014) – CBRE Group, Inc. announced today that Theresa Morzello, a highly experienced New York City commercial real estate management professional, has joined the company as Managing Director for Asset Services in New York City.
Ms. Morzello will direct services ranging from property management to project management, due diligence and accounting activities, as well as providing hands-on leadership for more than 50 properties, said Paul Allegretti, senior managing director of Investor Services, New York Tri-State Region, CBRE.
“CBRE is proud to welcome Theresa, a top property management talent who brings high-level experience in delivering best-in-class asset services to New York City commercial property owners,” said Mr. Allegretti. Previously with, Cushman & Wakefield, Ms. Morzello gained exceptional industry expertise in a number of positions, beginning in 2006. In addition to serving as a portfolio manager, she was a general manager for a dual-campus portfolio for New York–Presbyterian Hospital/Royal Charter Properties.
Beyond Ms. Morzello’s experience with real estate firms, she has also held management positions in corporations, including taking on multiple roles at MetLife, and providing facilities expertise as a property manager for Emigrant Savings Bank. She began her career as an engineer at the New York Power Authority.
A resident of Putnam County, Ms. Morzello holds a Bachelor of Science in Engineering from Loyola College.
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.