REAL ESTATE

CBRE promotes Ferguson to president, southeast region

BY Michael Fickes

Lost Angeles — CBRE Group has announced that John Ferguson has been promoted to president, southeast region.

Ferguson has led CBRE’s southeast region since January 2011. His elevation to the title of president reflects outstanding performance across a broad range of leadership activities including new business development, business and sales management, market and industry leadership, client relationships and people management, said CBRE in a statement.

As the leader of the southeast region, Ferguson oversees operations in seven market areas — Atlanta, Birmingham, Charlotte, Charleston, Greenville, Nashville and Savannah — and is the primary relationship manager for CBRE’s affiliate offices in Alabama, North Carolina, South Carolina and Tennessee. Among his accomplishments is the acquisition and integration of three firms in the past 15 months.

He previously served as market leader for CBRE’s Atlanta office, where he managed 500 professionals across the full spectrum of the company’s business lines. Three CBRE President’s Awards have recognized his outstanding performance as Atlanta market leader.

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REAL ESTATE

Paul Morelli to open jewelry store on Madison Avenue

BY Michael Fickes

New YorkFaith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group are bringing Philadelphia-based, international Society jeweler, Paul Morelli, to 895 Madison Avenue, at the intersection of 72nd Street.

The jeweler has been a presence at Bergdorf Goodman since 1981. The multi-level first New York store will offer 40 feet of double frontage and face two Ralph Lauren mansions.

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REAL ESTATE

CBRE promotes Horne to president, Los Angeles region

BY Michael Fickes

Los Angeles — CBRE Group has promoted Lewis Horne to president, greater Los Angeles-Orange County region. Horne has led the CBRE region since 2007. His elevation to the President title reflects outstanding performance across a broad range of leadership attributes, including new business development, business and sales management, market and industry leadership, client relationships and people management, said CBRE in a prepared statement.

As leader of CBRE’s Great Los Angeles-Orange County Region, Horne manages eight offices and more than 1,200 employees in the firm’s 15 primary business lines and specialty practice groups. CBRE professionals in the region annually complete more than 12,000 property sale and lease transactions and CBRE manages approximately 87 million sq. ft. of commercial property in the region.

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