CBRE Promotes Restaurant and Retail Specialist Ken Stern in Cleveland

CBRE announced today that Ken Stern has been promoted to Senior Vice President within the firm’s Cleveland office.

Mr. Stern is a 36-year commercial real estate veteran and joined CBRE in 2018. He is a member of CBRE’s National Retail Leasing Services group and specializes in leasing and occupier representation for national and regional users of real estate throughout the greater Northeast Ohio region. He is also the leader of the firm’s Restaurant Practice Group and represents both corporate and franchise-oriented firms throughout Ohio, Indiana, Kentucky, West Virginia, Western Pennsylvania and at a national level. Over his career, Mr. Stern has completed more than 200 million square feet of retail transactions totaling nearly $1 billion. He also has assisted several national restaurant chains in developing and implementing their national investment strategies and currently oversees the strategic planning for the food and beverage component for seven major malls throughout the U.S.

“Ken’s insight and leadership have made him a prominent figure at CBRE and within the restaurant retail landscape,” said CBRE’s Andrew Coleman, Managing Director in Cleveland. “During his time in the retail and restaurant real estate business, Ken has managed to create and maintain a number of key relationships with both local and national restaurant and entertainment clients. These companies have come to rely on Ken’s unique experience within the industry and as a result, he has become a vital component in their restaurant business strategies. This title truly reflects Ken’s commitment to the business, his clients and fellow colleagues at CBRE.”

Prior to his current role at CBRE, Mr. Stern served as Senior Vice President of Peripheral Development at DDR Corp., where he managed over 700 retail properties comprising nearly 200 million square feet, resulting in more than 500 transactions totaling $750 million. Mr. Stern holds a bachelor’s degree in business administration and management from The Pennsylvania State University.