Preston Fetrow
Senior Vice President
Lic. CA 00923282 | NV S.0176586
Professional Experience
Associated Office
Preston Fetrow is a Senior Vice President of Investment Properties focusing 100% on the sale of neighborhood community and power retail shopping centers for CBRE. Preston comes from a 46-year career in the real estate industry, 41 years of which have been with CBRE.
He has sold shopping centers exceeding 9.5 billion in aggregate consideration for various pension fund advisers, life insurance companies, lending institutions, R.E.I.T.’s, Syndications, Tic’s, other institutional clients as well as numerous high net worth private clients. In total, the Retail IP–West team has sold more than 1,068 retail properties totaling approximately $78.7 billion in value (2Q2025).
Since 2012, this team has been responsible for the disposition of the following retail transactions:
- 655 retail transactions (2Q2025)
- Over 43 million square feet of GLA (2Q2025)
- An aggregate value in excess of $9.7 billion (2Q2025)
Education
- California State University, Long Beach
Pro Affiliations / Accreditations
- International Council of Shopping Centers, Member
- Member Appraisal Institute (MAI), Inactive Status
- American Institute Real Estate Appraisers, Chapter 5, Los Angeles
- Licensed Real Estate Broker in California
- Licensed Real Estate Agent in Nevada
Industry Participation
- American Appraisal Institute -Speaker / Panelist
Clients Represented
- Clarion Partners
- MetLife
- Pacific Castle
- Shea Properties
- The Copulos Group
- Westwood Financial
Team Overview – Retail Investment Properties - West
Retail IP-West Available Properties
Available 24hrs a day, our listings page offers a comprehensive list of our active investment properties.
Click to View All ListingsSpecializing in Retail Investment Services throughout the West
The Retail Investment Properties – West (Retail IP‑West) team focuses exclusively on retail investment properties throughout the Western United States, including California, Oregon, Washington, Nevada, and Arizona. Leveraging CBRE’s multidisciplinary, market‑leading platform, the team delivers strategic advisory services for the disposition and acquisition of retail assets—consistently achieving superior outcomes for institutional and private clients. The team is also known for successfully exporting “California capital” to retail projects across the Western U.S.
Recognized as long‑standing leaders in retail investment sales, Retail IP-West concentrates solely on retail assets within the Western region. The team represents portfolios, anchored shopping centers, strip centers, single‑tenant net‑lease (STNL) assets, specialty retail projects, and distressed/REO or Receivership assignments, and was an early pioneer of the parcelized disposition strategy.
Based in Orange County, California, the team is composed of seasoned professionals with deep institutional and private‑capital relationships. Their combination of institutional‑quality execution and unmatched access to private‑capital investors—both domestically and internationally—creates a powerful and highly effective brokerage platform.
Experience
The Retail IP‑West team has completed 1,101 retail transactions, totaling more than 80.7 million square feet and valued at over $16.1 billion. The team has represented many of the largest, most high‑profile retail assets in the Western U.S. and is honored to serve some of the most sophisticated institutional owners and private investors in the industry.
Broker Cooperation
Retail Investment Properties – West (Retail IP - West) team is committed to complete and unrestricted broker cooperation. Historically, more than 75% of assets sold on behalf of private investors have been acquired by buyers represented by cooperating brokers. For institutionally owned assets, the cooperation rate is approximately 35%. Our approach is built on transparency, openness, and maximizing market exposure:
- No Buyer Registration Requirements: the team does not utilize buyer registration agreements—which can discourage cooperation and impede free information sharing—unless specifically required by the client or property owner.
- Full Public Availability of Listings: all team listings are posted on this website and accessible 24/7. NRP West does not maintain “pocket” listings or “off market” inventory.
- Consistent Cooperating Broker Fees: the team always offers a cooperating brokerage fee on its listings, except in cases where the client or owner instructs otherwise.
