IRVINE, CA—Colliers International has named veteran commercial real estate broker and senior management executive Robert Caudill as regional director for Orange County, a newly created post. Caudill will remain based at the firm’s Irvine-based regional headquarters.
Caudill has 25 years of experience in both commercial real estate brokerage and consulting. His new responsibilities will extend across all disciplines, including office, industrial, retail and investment operations. He will also be responsible for recruitment, team building and business development within the firm’s expanding Orange County operations.
Caudill says one of his highest priorities will be to “aggressively expand our presence in Orange County through the recruitment of experienced commercial real estate brokers, as well as other professionals who may be seeking a career change. Our recruitment efforts will also extend to recent college graduates who may be looking to start their careers in the industry.”
While Caudill will be assuming broader, more strategic management responsibilities for Colliers in Orange County he also will remain actively involved on the brokerage side of the business, representing tenants and landlords with colleagues SVP Matthew Didier and senior associate Ryan Ward. The team serves office-property clients throughout Southern California with a particular emphasis on Orange County and the Inland Empire.
Caudill joined Colliers in 2010 from Grubb & Ellis, where he had served as a SVP for office leasing throughout Southern California. Prior to that, he was an EVP with the Koll Cos., where he was responsible for the Newport Beach-based development firm’s Los Angeles office-properties division.
As GlobeSt.com reported earlier this week, Orange County is still among the most sought-after real estate markets in the country, and Bob Davis, SVP of NAI Capital, said that Orange County office has seen a broad-based recovery. “We have seen positive factors such as employment growth and increased leasing activity, but one area that is still problematic is time on the market, which is averaging 14 months for office space.”