GlobeSt. Real Estate Forum is profiling the best andbrightest professionals of the next generation on the followingpages. With a record number of submissions this year, the following50 people under 40 years of age are making strides in thecommercial real estate industry. You may well know them already:they are the superstars who have stood out from the pack and willlikely be at the helm of the organizations of the future. Thefollowing individuals have a solid track record in the business,not just including transaction volume but also for theircontribution to their company's overall success. Here are thisyear's 50 under 40.

BARBARAARMENDARIZ  SHARPLINE COMMERCIAL PARTNERSAs founder and president of Sharpline Commercial Partners, BarbaraArmendariz is one of very few minority women in the industry havelaunched her own brokerage firm. She began her 15-year careerwithout mentors or connections, relentlessly networking at industryevents, before starting at Colliers and then eventually serving asVP at CBRE. Desiring more opportunity, Armendariz launched her LosAngeles firm in 2015, which continues to grow in one of the mostcompetitive markets in the industry. She oversees all transactions,manages brokers, provides comprehensive research all the whilesteadily growing her client roster. She recently launched aproperty management division and aspires to incorporate office andmultifamily business lines to create a full-service firm.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.