CBRE announced April 23 that Russell Ingrum will lead office institutional investment sales for CBRE Capital Markets in Texas.
Ingrum, an accomplished office investment sales professional with a long and successful track record in Texas, is returning to the region from the San Francisco Bay area where he was a senior leader in the firm’s Northern California Capital Markets team for the past eight years. Ingrum, a vice chairman, will be based in CBRE’s Dallas office.
“We are thrilled to have Russell return to Texas where he started his career. He has extensive experience and strong relationships in these markets and he knows the investment community in Texas well, allowing him to advise our clients immediately,” said Michael Caffey, president, South-Central Division & Latin America for CBRE.
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“Russell has deep national and international investor relationships developed from his role as the national office practice leader and as a leading producer on the West Coast. We believe Russell will have real success assisting investors in deploying capital across markets from the West Coast into Texas markets,” said Chris Hipps, senior managing director, Investor Services for CBRE.
Ingrum has closed more than 850 equity sales transactions in the U.S., consisting of 605 million square feet for a total consideration of $36 billion. He has consistently been a top national producer for CBRE in investment sales, representing some of the country’s largest equity/opportunity funds, life insurance companies and REITs. “It is with great excitement that I am returning to Texas where I have so many friends, clients and memories. This team will have a differentiating quality based on our existing connections in the region and the time I have spent on the West Coast, forging relationships and meeting new capital sources unfamiliar with the Texas markets. We will continue to leverage our relationships throughout the country and world, combined with best