Henig's new position is effective immediately. "Basically, thebuck stops with him in Phoenix," says Steven Swerdlow, president ofCBRE's western division.

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Swerdlow says CBRE has a top-down succession plan mandate, inwhich all directors are required to select a successor. He saysHenig was the logical choice in Phoenix because of his talent andhis abilities. "He's very well liked by our people in Phoenix andour clients and has successfully run operations at Insignia andTrammell Crow," Swerdlow says. "It was a natural progression forhim to take over the operations."

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Henig joined the CBRE team in November 2006 as managing directorfollowing the acquisition of Trammell Crow Co. He says thepromotion represented a good move for him and his family and was alogical next step for his career.

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Henig tells GlobeSt.com that one of his focuses will be topromote CBRE's enterprise services, which include asset management,debt and equity financing and valuation. "This is a line ofservices that CBRE received when it merged with Trammell Crow,"Henig explains. "During the transition, it was something we wereall thinking about and thinking about how to incorporate. Now thatwe've transitioned, we're going to put more emphasis on offeringthose services."

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Henig says the current economic climate is one reason for thespecial emphasis. Although the downturn has hit hard in Phoenix, heviews the situation as an opportunity to showcase CBRE's enterpriseservices. "During times like these, our clients look to us to givethem expertise and help and in different areas," he says. "Withthese enterprise services, we can provide all of that--and underone roof."

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While at TCC, Henig was senior vice president and area director.During his 20-year career, he's worked for Insignia/ESG, Mack-CaliRealty Corp. and Cushman & Wakefield Inc.

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[IMGCAP(2)]During the past 1.5 years, Henig and Coxon haveworked closely together. Henig says Coxon will be missed. "He'sbeen a great leader and great partner and has worked in this marketfor many years," he adds. "We personally wish him the best."

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Coxon, who remains based in Phoenix, will oversee Grubb &Ellis offices west of the Mississippi. He also will have anintegral role on the transaction services' management team andexecuting a strategy to expand the brokerage footprint.

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The 28-year veteran began his career at Grubb & Ellis,spending the last two decades at CBRE where he rose to seniormanaging director of the Arizona region. "It's exciting to bereturning to the place where I began my brokerage career," he saysin a press release. "I'm looking forward to being a part of the newGrubb & Ellis and contributing to the company's long-termgrowth."

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