Phoenix Ariz. – CBRE announced today that Steve Julius and Jesse Goldsmith, who together specialize exclusively in the sale and purchase of retail investment properties in Arizona, have been promoted to First Vice President with CBRE Capital Markets, Retail. The team will continue to focus on advising a diverse mix of private and institutional investors on their long-term real estate and investment strategies.
Over of the course of their distinguished careers, the team has completed over 153 transactions with an aggregated consideration of $594 million. In June, the team completed the sale of Westgate Entertainment District to Bob Parsons, founder of Go Daddy and owner of Scottsdale-based YAM Properties, for $133 million, the largest retail transaction of 2018.
“We congratulate Steve and Jesse, two well-deserving sales professionals who embody CBRE’s values of excellence and professionalism, on their promotion to First Vice President,” said Cathy Teeter, Managing Director, Arizona. “This team has consistently demonstrated market-leading expertise, built long-standing industry relationships and cultivated a strong commitment to client service.”
Partners for more than 18 years, Mr. Julius and Mr. Goldsmith began their commercial real estate careers at the Phoenix office of Marcus & Millichap, where they first teamed up on the sale of multi-tenant investment properties. They both joined CBRE in 2012 as Vice Presidents.
In December, Chase Dorsett joined the team as sales associate. Mr. Dorsett, who began his career at CBRE in 2016 as a retail researcher, is responsible for conducting market analyses, providing financial underwriting and pitching for new business.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the orld’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.