CBRE Promotes Fiumara to Vice Chairman

PHILADELPHIA—CBRE reports that Philadelphia’s Brian Fiumara has been promoted to vice chairman, the highest title for producers within the national brokerage firm.

Fiumara’s promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey region has achieved the vice chairman status.

He has more than 20 years of experience in commercial real estate, representing institutional and private equity clients in the acquisition as well as the disposition of income-producing properties and development opportunities. He joined CBRE in 2012. Prior to CBRE, he was a SVP at The Flynn Co.

“Brian’s promotion to vice chairman is so very well deserved,” says Jack Fraker, managing director of global industrial & logistics for CBRE. “His tremendous work ethic, market knowledge, industry relationships, presentation skills and winning personality have helped position CBRE as a market leader in New Jersey, the New York boroughs and the greater Northeast region in general. He is a team player and in so many ways, he is the future for CBRE in the industrial and logistics sector.”

In 2019, Fiumara was involved in some of the largest transactions in the region. In August, Fiumara and his team arranged for the sale of a 33-property, 129-acre industrial portfolio acquired by Colony Industrial. The CBRE team represented the seller, Hampshire Real Estate Companies in the transaction.

Fiumara, who partners with Michael Hines (also vice chairman), Brad Ruppel and Lauren Dawicki, completed 42 industrial transactions in 2018 totaling 28 million square feet and representing $2.19 billion in total value.

Fiumara is also a member of CBRE National Partners, which is comprised of 25 industry leaders in a partnership model. In 2018, the team completed 248 transactions totaling 253 million square feet, with an aggregate value of $19 billion.