CBRE has promoted Michael O’Neill to lead its Pacific industrial and logistics – advisory and transaction services team amid continued growth in the sector.
O’Neill succeeds Cameron Grier in the role and will combine this with his existing position as the managing director of CBRE’s Western Sydney office.
Grier will now focus on the increased industrial and logistics (I&L) activity in Sydney’s north and outer west regions. He has held a series of leadership positions at CBRE across two decades, serving as the managing director of both the Victorian and NSW businesses ahead of his five-year Pacific I&L leadership role
“Cameron is opting to spend more market-facing time with our clients while continuing to play a key role in our broader Pacific leadership team,” CBRE’s Pacific head of advisory and transaction services Mark Curtain said.
O’Neill joined CBRE 18 years ago ahead of taking on the leadership of CBRE’s Western Sydney office in late 2019.
“Michael’s deep market experience working with a wide range of clients marked him as the ideal candidate to lead the more than 100 professionals in our Pacific I&L – Advisory & Transaction Services team. I’m excited that Michael is taking the baton from Cameron as the I&L sector continues to grow and evolve,” Curtain said.
The appointment is the latest in a raft or promotions and position changes at the major real estate firm. Last week it announced that in the sunshine state, Bruce Baker will take on a new role as executive managing director Queensland and capital markets, with Chris Butters assuming the role as senior managing director Queensland alongside his Brisbane managing director responsibilities, and Coen Riddle taking over as Queensland state director of CBRE’s office leasing – investor business. In a changing of the guard in Western Australia, James Phelan will succeed Andrew Denny as the new leader of CBRE’s state office leasing team.
