CBRE Hires Doug Petrozzini as a Senior Vice President
EAST BRUNSWICK, N.J. (July 9, 2012) -- CBREis pleased to announce that 28-year commercial real estate veteran Doug Petrozzini has joined the state’s largest real estate brokerage firm as a senior vice president. Throughout his career, Mr. Petrozzini has worked with his corporate clients in addressing all aspects of their real estate needs. Mr. Petrozzini also specializes in assisting pharmaceutical and life sciences firms in the acquisition of headquarter locations, production, and R&D facilities.
Previously employed with Grubb & Ellis, Mr. Petrozzini has completed hundreds of leases with top-name companies such as IBM, Merrill Lynch, MetLife, MedPointe Pharmaceuticals, Bristol-Myers Squibb, Galderma, Carter Wallace, DFB Pharmaceuticals, and the FDIC.
“Doug’s extensive experience in corporate office real estate, especially his knowledge of the life sciences and pharmaceutical areas, make him an excellent addition to our team," said Jeff Hipschman, senior managing director, and head of New Jersey operations for CBRE. "The experience Doug has in representing national corporate clients gives him an unparalleled level of expertise that is in great demand by clients.”
After joining Grubb & Ellis in 1983 as an Office Leasing Specialist, Mr. Petrozzini continued on to become a vice president in 1989 and a senior vice president in 1995. Previously, he was a principal at Lake Shore Development, a real estate development company, after earning a B.S. in Business and an M.B.A. in Marketing & Finance from DePaul University.
“I’m very excited to have the opportunity to bring my level of experience and knowledge to the CBRE team,” said Mr. Petrozzini. “I’m confident that I have the expertise to be a part of a great group and I am looking forward to continuing to expand my practice in working with one of the leading teams in the state.”
Mr. Petrozzini received numerous awards while at Grubb & Ellis, including being named to the Grubb & Ellis Presidents Council, where he served on the Executive Committee; Circle of Excellence honoree, and received the firm’s Top Twenty Award, an award given to the 20 top sales people in the country.
Mr. Petrozzini’s numerous affiliations include NACORE, BioNJ, the New Jersey Technology Council, and the Boy Scouts of America.
About CBRE Group, Inc.
CBRE 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 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE 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 Web site at www.cbre.com.