Russell Ingrum, a standout office property sales executive with a strong track record in Texas, is returning to Dallas to lead CBRE’s capital markets operations in the state. It’s a big win for CBRE, which took a hit earlier this year when Gary Carr, John Alvarado, and Robert Hill joined JLL’s Chris Murphy in moving over to Newmark Knight Frank.
In returning to Texas, where he began his career, Ingrum will be able to hit the ground running, said Michael Caffey, president of CBRE’s South-Central and Latin America divisions. “He has extensive experience and strong relationships in these markets, and he knows the investment community in Texas well, allowing him to advise our clients immediately,” Caffey said in a statement.
For the past eight years, Ingrum has been a senior leader in CBRE’s Northern California capital markets group. During his career, he has closed more than 850 sales transactions across the United States, adding up to 605 million square feet of space valued at $36 billion.
Ingrum said he’s looking forward to beginning a new chapter—and introducing some of his California connects to the Lone Star State: “It is with great excitement that I am returning to Texas where I have so many friends, clients, and memories. This team will have a differentiating quality, based on our existing connections in the region and the time I have spent on the West Coast, forging relationships and meeting new capital sources unfamiliar with the Texas markets.”
