Houston, TX
CBRE Appoints Russell Hodges to Senior Managing Director & Houston Market Leader
November 24, 2025
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CBRE announced today that Russell Hodges has been appointed Senior Managing Director and Houston Market leader, including New Orleans and Baton Rouge. In this role, he will oversee the market’s business operations and drive the growth strategies for all Advisory Service lines, including leasing, sales, debt and structured finance, valuation and property management.
“Russell is a long-standing leader in Houston's commercial real estate market, possessing a deep understanding of the area’s unique culture, clientele, and community,” said Broke Armstrong, Advisory Services Group President for CBRE’s West Region. “His thoughtful leadership and decision-making style, proven ability to win business and meet client needs, and deep operational expertise make him well-suited to lead this team to continued success.”
Hodges has led the CBRE Houston Investor business for the last two years, building on a successful 19-year career in brokerage where he represented office building investors, developers and operators across Greater Houston.
“The collective strength, dedication and momentum of our CBRE teams across Houston, New Orleans, and Baton Rouge is truly inspiring,” said Hodges. “I am eager to continue collaborating with these exceptional professionals, fostering an environment where innovation thrives, expanding our leading market share and achieving new heights for our clients.”
Hodges will replace Peter Mainguy who has stepped down from the role to pursue other opportunities.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.