{"id":1004268011,"date":"2018-09-28T00:27:00","date_gmt":"2018-09-28T08:27:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004268011"},"modified":"2022-12-07T19:36:00","modified_gmt":"2022-12-08T03:36:00","slug":"cbre-hires-real-estate-expert","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-hires-real-estate-expert\/","title":{"rendered":"CBRE Hires Industry Veteran in Cleveland"},"content":{"rendered":"
\"Ken<\/a>

Ken Stern, first vice president, CBRE<\/p><\/div>\n

After recently announcing that the company will be undergoing a transformative reorganization<\/a> at the beginning of 2019, CBRE has appointed Ken Stern as first vice president to the company\u2019s Cleveland office. Stern is a retail real estate veteran specialized in leasing and selling outparcels to food and beverage users. At CBRE, he will be working nationally to enhance the company\u2019s representation of retail landlords who are seeking to place restaurants, bars and other uses around their centers.<\/p>\n

Stern has been in the industry for 31 years, and prior to joining CBRE he was with DDR Corp. for 22 years. His last position there was senior vice president of peripheral development. He was responsible for managing, supervising, and strategically planning DDR\u2019s national platform of peripheral land opportunities, with a primary focus on leasing, land sales and development to national and regional restaurants.<\/p>\n

\u201cThe food-and-beverage category probably is the hottest sector for retail-center investors these days, as nearly every property is adding restaurants to define and support the experience it offers shoppers,\u201d<\/em> Todd Caruso, senior managing director leading CBRE\u2019s representation of retail investors in the Americas said, in a prepared statement.  <\/p>\n

Stern holds a BS in business administration and management, real estate and insurance from Penn State University. He is an active member of the International Council of Shopping Centers (ICSC), where he currently sits on the Executive Board for the Food for Thought Committee.<\/p>\n

Image courtesy of CBRE<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ken Stern brings more than 30 years of experience to his new position as first vice president. He will represent retail center owners in negotiations with restaurants. <\/p>\n","protected":false},"author":1274,"featured_media":1004268014,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1584,13,21742,21744,21749],"tags":[32789,33190,33018,42233],"class_list":["post-1004268011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleveland","category-midwest","category-latest","category-people","category-retail","tag-cbre","tag-ddr-corporation","tag-icsc","tag-penn-state-university"],"acf":[],"yoast_head":"\nCBRE Hires Industry Veteran in Cleveland - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbre-hires-real-estate-expert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Hires Industry Veteran in Cleveland\" \/>\n<meta property=\"og:description\" content=\"Ken Stern brings more than 30 years of experience to his new position as first vice president. 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