Jones Lang LaSalle welcomed two new executive vice presidents specializing in industrial properties to the firm’s South Bay office in El Segundo, Calif.

Harvey Beesen and Luke Staubitz will specialize in advising landlords and tenants with their logistics, airfreight and manufacturing leasing and purchase needs in the South Bay are of Los Angeles. They are joined by Andrew Dilfer, who comes to JLL as a vice president.

Prior to joining JLL, Beesen and Staubitz were both principals at a major commercial real estate firm, where they were responsible for working with numerous investors and tenants in the worlds of industrial and office tenant and landlord representation, owner/user sales, investment sales, land sales and adaptive reuse. Dilfer previously served as vice president at the same firm.

JLL also welcomed Bo Mills and Mark Detmer to lead the firm’s West Coast industrial capital markets practice as managing directors. Mills, who will be based in Los Angeles, has more than 17 years of experience. Detmer, who will be based in Phoenix, has had an 18-year career. Each has completed more than 1,000 transactions during his career, totalling more than 25 million sq. ft. of property.

Steve Hargis was appointed to the post of executive vice president, workplace strategy. Hargis joins with more than 32 years of experience, most recently 17 years with HOK, where he was global director of consulting, serving Eli Lilly, Zurich Insurance, Shell Oil, John Deere and Rockwell Collins. He is a veteran leader in the CoreNet Global organization, a former global board member (2000–2010), past president of the Northern California chapter, a coursework curriculum developer and faculty member and a contributing author for the CoreNet 2020 Research.

Tenant representation specialists Clay Smith, as executive vice president, and Mark Newman, as senior vice president, came to the retail tenant brokerage services team in Dallas.

Smith and Newman have worked together for nearly three decades, including time at Staubach Retail Services. Smith became president of Staubach Retail and he and Newman handled national retail accounts including Wachovia’s retail branch expansion in Texas, and completed more than 120 leases throughout the U.S. and Canada on behalf of Computer City.

Industrial brokerage experts Pat Harlan and Steve Sayre are joining JLL as executive vice presidents in Phoenix. Harlan brings more than 15 years of experience to the team, representing owners and tenants in sales, leasing and master-planned developments of industrial product. Sayre has more than 17 years of experience in the industrial sector, also representing owners and tenants in sales, leasing and master-planned developments.

Also in Phoenix, JLL brought on office leasing brokers Dave Seeger, Karsten Peterson and Mark Gustin as managing directors. They annually participate in approximately 100 transactions totalling about 2 million sq. ft. of office and back office space. They move to JLL along with team member Matt Gandolfo, who will serve as an associate.

NREI talked to industrial sector professional Luke Staubitz in California about the economic impacts on the industrial sector, the continued demands from e-retailing and investors’ moods as we move into 2013. An edited transcript of that interview follows.

NREI: How will the continued slow growth of the economy affect the industrial sector?

Luke Staubitz: Slow growth nationally will keep rental rates at or near current levels. But with existing supply constraints and limited developable land opportunities in greater Los Angeles, the Inland Empire region and northern Orange County, these submarkets will remain amongst the healthiest in the country.

What it boils down to is that the lack of developable land and the continued increase in traffic coming through the port of Long Beach and Los Angeles and LAX is all going to create continued pressure on rents for class-A buildings.

NREI: What is the impact of the whole e-commerce trend? Will that continue to put pressure on rent? Is that something that is putting pressure on the industrial space?

Luke Staubitz: Yes, absolutely, no question that e-commerce and e-tailing are already making an impact on the Southern California market. We are seeing e-commerce coming from typical retailers who are setting up whole new divisions in order to handle this same-day or next-day delivery. That phenomenon is going on for several large companies and they have to set up separate facilities for that function, as opposed to their more traditional facilities. It might seem duplicative, but it’s not because the way the operations are run is different.

NREI: How about the instability in Europe—how does that impact the industrial sector?

Luke Staubitz: European instability will have a net negative impact on cargo inflows from the continent, however, investment capital seeking stable haven in the United States should continue to flow in.

We sold a building in Redondo Beach two years ago to a Swedish pension fund, there have also been large-scale German investments in industrial. I think they like the simplicity of the industrial investment model as opposed to, say, office. I’m not saying that industrial is easy—there is so much capital chasing so few opportunities, but the money is there.

NREI: How are investors feeling in general about the industrial sector as we move into 2013?

Luke Staubitz: Private and institutional investment appetites remain at or near all-time highs for core and value-add opportunities in Southern California, with limited inventory available. In the near term, the expectation is that the competition for investment grade product is only going to increase.

NREI: What impact does that have?

Luke Staubitz: It’s going to continue to push up valuation and bigger and bigger bets are going to be made on rent growth in the near future. Stabilized investments are going to have such a low capital rate associated with them it’s going to cause the investment community to consider B-quality product that has lease up risk or areas of functional obsolescence that can be corrected through changing the way the building works for today’s user. Maybe that means increasing the size of the existing truck court, making sure the sprinkler system is satisfactory for stacking product in the warehouse, improving the exterior of the building to make a B building look more like an A building.

O’Hea Promoted to EVP and CFO at Bixby Land Co.

Bixby Land Co. promoted Martin T. (Marty) O’Hea to executive vice president and CFO. O’Hea, who joined Bixby as CFO in 2010, oversees the firm’s strategic planning and forecasting, capital markets activities, joint venture relationships, investor relations and financial reporting.

O’Hea is a veteran at structuring real estate capital, both at the property and portfolio levels. He most recently secured $100 million in bridge loans for properties in Bixby’s portfolio and in 2011 refinanced $150 million of Bixby’s long-term debt to capitalize on historically low interest rates.

Bluerock Picks President

Bluerock Real Estate named Randy Anderson as president. Anderson has been with Bluerock since March 2012 and was a managing director and chief economist.

Prior to joining Bluerock, Anderson was a founding partner of Franklin Square Capital Partners, which became a $2.5 billion business within its first three years. Prior to Franklin Square, he was Division President at CNL Financial Group, where he built a successful business with over $700 million in assets under management in his first year.

Malley Named President of Lee in San Diego

Steven M. Malley was named president of Lee & Associates San Diego - UTC.

Malley, who joined Lee in 2008 as a partner, specializes in the sale and leasing of office, industrial and retail properties.

Prior to Lee & Associates, Malley was vice president and the regional manager for San Diego’s Sperry Van Ness. He has successfully facilitated more than 100 transactions totaling in excess of $350 million.

C&W Names NY Area President

Cushman & Wakefield named Ronald T. Lo Russo president of the Tri-state region.

Lo Russo was previously a vice president of leasing for the New York office division of Vornado Realty Trust. At C&W he will oversee brokerage operations in the nine regional offices throughout New York, New Jersey and Connecticut, and will coordinate brokerage activities.

Williams Named Partner at Millstein & Co.

Millstein & Co. named Hiram Williams as partner of the financial services firm that advises clients facing complex corporate and public finance issues. Williams has more than three decades of experience as a real estate advisor and investor. He will be based in the firm’s New York office.

Most recently, Williams served as the founding partner of Albrizzi-Williams LLC, an investment banking firm specializing in private placements of equity and debt, property sales and financing and advisory work with clients accessing the capital markets for real estate acquisition and development.

Schaal Realty Advisors Hires New JLL Team

Schaal Realty Advisors LLC rebranded the NorCal Logistics Center and hired a new team of industrial and logistics specialists from Jones Lang LaSalle to manage project leasing and sales there.

The JLL team consists of Kevin Ahaesy, senior vice president; Bill Niethammer, managing director; Bob Taylor, executive vice president; Jason Ovadia, senior vice president; and Mike Zimmerman, vice president.

Hunter Names SVP

Hunter Hotel Advisors promoted Danny Givertz to senior vice president.

Givertz joined Hunter in January 2010 as vice president and oversees the company’s Los Angeles office, with a focus on the western United States.

With nearly 15 years of hotel brokerage experience, Givertz has represented all of the major brands, including both full-service and select-services hotels in the Hilton, Marriott, Starwood and Intercontinental Hotel groups.

Scheer Partners Names New SVP

Scheer Partners promoted Matt Brady to senior vice president for the firm that provides commercial real estate services for the health science industry in the Washington, D.C. and Baltimore metropolitan areas.

Brady joined the Rockville, Md. firm a decade ago and most recently served as a vice president. At Scheer he has successfully completed transactions totaling more than 1 million sq. ft. of industrial, laboratory and office space with an aggregate value of more than $100 million.

Vanderboom Promoted to SVP

The Howard Hughes Corp. promoted Nicholas (Nick) D. Vanderboom to senior vice president of development, based in Honolulu.

Vanderboom and his team will continue to focus on key strategic developments in Hawaii, including the recently announced luxury condominiums ONE Ala Moana, and the transformation of 60-acre Ward Centers to Ward Village. Vanderboom most recently served as vice president of development.

SVP Joins Colliers in Alabama

Colliers International in Birmingham, Ala. welcomed Kyle Collins as senior vice president and principal and will lead and manage the newly-launched Huntsville, Ala. enterprise.

Prior to joining Colliers International, Collins was senior vice president at Colonial Properties for the past eight years. In his 26-year career he has worked extensively in development, acquisitions, dispositions, asset management, operations, and leasing.

Cresa Names Addeo VP

Cresa New York named Jamie Addeo as vice president.

Addeo, who had been a senior advisor, joined Cresa as an associate in July of 2008. Her portfolio of clients includes financial institutions, tech firms and new media companies. Prior to joining Cresa New York, Addeo worked at CB Richard Ellis in Beverly Hills, Calif. as a client service coordinator.

Ryan Cos. Brings on Senior Living Pro in Midwest

Ryan Cos. US Inc. hired Eric Anderson as vice president of development in the north central region, where he will pursue senior living development and construction projects in the Upper Midwest.

Anderson will also be responsible for site selection and land acquisition, design/construction coordination, financial packaging and partnering with senior living operators. He comes to Ryan from New Perspective Senior Living, where he developed more than 400 units of integrated senior housing as vice president of development.

CBRE Names Accounting Pro

CBRE Group Inc. appointed Travis Swenson to senior managing director. He will lead the company’s real estate accounting services in the U.S., overseeing more than 700 professionals who provide client accounting for CBRE’s asset services clients. Swenson succeeds Patricia Proshek, who was recently named global leader of CBRE’s real estate accounting services group.

Swenson joins CBRE from Deloitte & Touche LLC, where he spent more than 12 years and held several key positions within that firm’s capital markets advisory practice, most recently senior manager.

CBRE Group Inc. also named Senior Vice President Tonya Brandon to a leadership role in the company’s African American network group. Brandon is based in Charlotte, N.C. and is an account operations director for the CBRE’s Bank of America account. She leads both the delivery of supply chain and vendor management services within the domestic portfolio of approximately 40 million sq. ft., and provides oversight on business intelligence solutions for performance reporting.

HFF Makes Changes in Calif., Hires in Chicago

HFF made changes to its West Coast leadership team, naming Senior Managing Director Dan Cashdan as the co-head of the firm’s global capital initiative with a specific focus on Asian capital markets. He will continue to co-lead the firm’s equity placement and HFF securities business lines. He is based in Los Angeles.

Senior Managing director Kevin MacKenzie assumed the role of co-office head alongside senior managing director Paul Brindley in HFF’s Los Angeles office. Together they will oversee the debt, equity placement and investment sales platforms in the Los Angeles office. MacKenzie will continue his role as office head of the debt and equity placement team in Orange County.

Michael Leggett will act as co-office head of HFF’s Portland office, focused on the investment sales platform. Leggett will continue his role as office head of investment sales in San Francisco. MacKenzie will also step into a leadership position in the Portland and Seattle markets, as co-head of the Portland office, managing its debt placement team.

HFF also hired John (Jack) A. Dudick as a director in its Chicago office. Dudick will be a member of HFF’s national healthcare practice and will focus on healthcare capital markets and investment sale transactions throughout the United States. Dudick has more than 15 years of industry experience and joins HFF from Lillibridge Healthcare Services Inc., where he most recently served as senior vice president of acquisitions and investments.

Colliers Promotes Senior Housing Pro in Florida

Colliers International promoted Damien Carriero from associate director to director for the firm’s Tampa Bay Clearwater offices.

Carriero will now spearhead the Southeast region for the Colliers national seniors housing group. He focuses on brokering seniors housing assets, investment sales, capital markets, and investment banking. He works with assisted living, nursing and independent living facilities and has closed more than $70 million in seniors housing assets in more than six years.

Roberts Named Director, Asset Management

Grosvenor Fund Management appointed Ryan M. Roberts director, asset management. Roberts comes to GFM from GIC Real Estate in New York City, where he managed a portfolio comprising direct investments, real estate fund investments, corporate investments and mezzanine debt. He also worked for Prudential Real Estate Investors of Parsippany, N.J. as director of asset management, and for other Prudential subsidiaries.

Holzer Joins Greystone

Greystone added Dale Holzer to the firm’s multifamily lending group as a director. He will work out of the firm’s soon-to-be-opened Newport Beach, Calif. office.

Prior to joining Greystone, a national provider of multifamily and health care mortgage loans, Holzer served as a vice president of originations at Alliant Capital LLC, where he closed in excess of $50 million in new loan production in 2012.

Urstadt Biddle Brings on Acquisitions Manager

The self-administered REIT Urstadt Biddle Properties Inc. in New York hired Zach Fox as acquisitions manager.

Fox was previously the director of retail and economic development for the Downtown Alliance, where he held a seat on REBNY’s store broker’s committee and the ICSC alliance planning committee.

Miami BOMA Grants Two Awards to New Boston Fund

New Boston Fund captured two prizes from the Miami chapter of BOMA. Property manager Flavia Eternod has received the Property Manager of the Year award and One Park Square was given the Property of the Year award.

When New Boston acquired One Park Square in September 2010, the building was newly constructed and only at 10 percent occupancy. The occupancy rapidly increased to 50 percent with the addition of an anchor tenant, adding another 600 people to the building.

Bradford Allen Hires Consulting Services Group Director

Bradford Allen Realty Services welcomed Steven Lerner as a director in the consulting services group.

Lerner will be responsible for all aspects of corporate and national project management from strategic planning to on-site execution. His areas of expertise include facilities planning, estimating, cost management, project management and coordination. Previously, Lerner oversaw the North American commercial real estate decisions for Hudson, a professional staffing and solution firm.

Pircher Names 3 New Partners

Pircher, Nichols & Meeks promoted Robert J. Cooper, Daniel B. Guggenheim and Michael D. Soejoto to partner. All three practice within the firm’s Los Angeles office.

In 2004 Cooper joined the firm as an associate in the real estate practice and Soejoto joined as an associate in the firm’s tax department. Guggenheim joined the firm in 2007 as an associate in the real estate department.

Six Lawyers Join Seyfarth Shaw

Seyfarth Shaw welcomed six new attorneys to its real estate department in New York.

Adrian Zuckerman, Linda Bielik, Cynthia Mitchell, Mitchel Hill and Juan Reyes join as partners. Ralph Berman comes on as counsel.

Zuckerman focuses on development, acquisitions and dispositions, commercial leasing and lending, co-op and condominium conversions and healthcare real estate.

Hill counsels clients on acquisition, disposition, development and leasing of various types of real property as well as joint ventures, with particular experience in the acquisition, disposition and enforcement of distressed debt and debt restructuring.

Reyes concentrates on land use, development and permitting with particular experience in zoning, planning, landmark and building code matters and governmental approvals.

Bielik has extensive experience in a wide range of real estate transactions, including the acquisition, disposition, development, and financing of commercial, multifamily residential and industrial real estate.

Mitchell focuses her practice on all aspects of commercial real estate with significant experience representing healthcare clients in real estate transactions.

Berman specializes in commercial litigation involving real estate, corporate and partnership disputes, bankruptcy and securities, commodities and derivative products.

RILA Names Press Director

The Retail Industry Leaders Association named Allie Brandenburger director of communications. Prior to joining RILA, Brandenburger served as regional press secretary for Romney for President 2012, overseeing press operations for 16 states.

Pennant Named Fund Development Director for Carrfour

Carrfour Supportive Housing, Florida’s largest nonprofit affordable housing developer, named Anthea M. Pennant as director of fund development and external affairs.

Pennant brings additional fundraising and advocacy talent to the organization with more than 20 years of combined public and private sector leadership experience, having previously served top roles in organizations such as Feeding South Florida and Penzaac Corp. of America.

Weichert Commercial Names Broker of the Year

Weichert Commercial Brokerage Inc. named Senior Vice President Mario Chiarella as the firm’s “Broker of the Year” based on highest dollar volume in sales and leases for 2012.

Chiarella also received the honor for 2011. He specializes in tenant and landlord representation of office, flex and industrial space in addition to investment sales, leasing and lease analysis. He is also the manager of Weichert’s Central New Jersey office in Edison, N.J.

SIOR Picks Chicago President

David Liebman, a senior vice president at Op2mize LLC, has been elected as the 2013 president of the Chicago chapter of SIOR.

Liebman has been an SIOR member since 1999. He is active with the group’s global entity and is currently serving as a member of its standards council.