The international real estate services firm CBRE is strengthening its New York retail division with a notable returnee. As reported by Commercial Observer, Matt Ogle is returning to CBRE after more than twenty years at other brokerage firms. Most recently, Ogle spent eleven years with direct competitor JLL.
In his new role at CBRE, Ogle assumes the position of Executive Vice President of Retail Leasing based in New York. In this role, he is responsible for advising and representing landlords and tenants on the letting of retail premises across the metropolitan region.
Long-standing experience in regional expansions
Ogle brings more than two decades of experience in commercial real estate brokerage. During this period, he represented major occupiers and guided their strategic expansion across the regional market. Among the prominent clients he has supported in location searches and lease negotiations is operator Chelsea Piers Fitness.
The focus of his work to date covers key core areas of retail leasing advisory:
- —Strategic representation of well-known retail chains and tenants on new openings
- —Guiding regional expansion programmes, such as for Chelsea Piers Fitness
- —Negotiating complex commercial leases in the New York market
- —Advising institutional and private property owners on space positioning
Personnel changes in the New York retail sector
Ogle's appointment highlights CBRE's efforts to further expand its presence in the demanding New York retail market. Having previously worked for the company more than two decades ago, CBRE has once again secured the expertise of the seasoned broker, who has tracked the dynamics of the local market for many years.
The move from JLL to CBRE continues the rotation of experienced senior professionals among the major global real estate service providers in New York. For CBRE, Ogle's return represents a targeted expansion of advisory capabilities for large-scale leasing instructions.
