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CB Richard Ellis Announces Promotion of Grayson Gill to Chief Operating Officer of Asset Services

Los Angeles – September 12, 2011 – CB Richard Ellis Group, Inc. (CBRE) today announced the promotion of Grayson Gill to Chief Operating Officer of the company’s Asset Services business line. Mr. Gill previously held the title of Senior Managing Director.

Grayson has played an integral role in managing the delivery of ‘best in class’ service and advice for our clients while at the same time developing new opportunities for our business,” said Tony Long, President, CBRE Global Asset Services. “In his new role, Grayson’s leadership will ensure that our business continues to grow in a financially strong and efficient manner while enabling me to focus on the continuing globalization of our Asset Services platform and the enhancement of our strategic client relationships and business development efforts.”

In his new role, Mr. Gill, a 24-year industry veteran, will be responsible for the operations of Asset Services in the U.S., overseeing all of the business line’s operational departments, including Legal, Employee Relations, Finance, Technology, Procurement, Human Resources, Technical Services, and Client Accounting. Previously, Mr. Gill oversaw the service delivery for Asset Services in the company’s Central region—a 156 million-sq.-ft. management portfolio including office, retail and industrial properties located throughout Texas, Florida, the Carolinas, Kansas, Georgia and Missouri.

Mr. Gill will also continue to serve as Program Manager for the company’s U.S. Affiliate Office program, where he coordinates program communications, develops and applies consistent business practices, client contact and communication and acts as point of contact for any issues resulting from these operations. CBRE’s Affiliate operations cover 45 markets totaling 138 million sq. ft. and generate over $90 million in gross revenue. Additionally, Mr. Gill oversees CBRE’s Technical Services integration and delivery, which consists of over 1,800 engineering employees.

Past assignments for Mr. Gill include serving as Principal and Director of Institutional Property Management for Trammell Crow Company in the Central Region, managing a portfolio of more than 73 million sq. ft. Mr. Gill joined Trammell Crow Company in 1999, and was promoted to Principal in 2002, where he directed the Dallas/Fort Worth property management business unit, a 34 million-sq.-ft. portfolio.

 

About CB Richard Ellis
CB Richard Ellis 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 firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis 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.

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