EL PASO, TX-CBRE has opened a new branch office here to providefirm’s full range of services to both El Paso and Ciudad Juarez,Mexico. The firm has tapped industry veteran Christian Perez Gieseto head the office.

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The new office will focus on serving local and multinationalcompanies doing business in the border region with the acquisition,disposition, and lease of industrial property. In addition to PerezGiese, it will staffed by six additional commercial real estateprofessionals: Rex Maingot, Anthony Mash, Chad McCleskey, RebeccaRojas, Ivan Holguin Fernandez and Luz Moreno.

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All seven professionals were formerly with Team NAFTA, a localreal estate service firm. Together, the group arranged transactionsof more than 40 million square feet, valued at $700 million.

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Scott Senese, the managing director of CBRE’s Austin office willserve as managing director of the new El Paso office. “We’ve beenlooking and analyzing this opportunity for the last two-and-a-halfyears,” he tells GlobeSt.com. “When you couple the availability ofthe professionals and where the market is going, we felt the timingwas right.”

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The new office is positioned to take advantage of El Paso’sstrong economic growth, as well as CBRE’s expanded servicesplatform in Mexico. “With BRAC [base closure and realignment], FortBliss is expanding,” Senese notes. “El Paso has tremendouspopulation growth, plus strong employment numbers, which is acatalyst for commercial real estate activity.”

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Senese also expects global multinational companies to be focusedon expanding their operations along the Mexican border. “What we’retrying to do that is unique – something that others have struggledwith in the past – is to take CBRE’s international platform ofservices and to have a group focused on providing the rightresources to our clients. There will be more connectivity withinCBRE to provide solutions through border areas in Texas, Arizonaand California.”

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Eventually, Senese expects the El Paso office to add office andretail expertise to its platform.

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