Office

Stearns will oversee CBRE's global finance and accounting organization, including tax, treasury, balance sheet management, financial planning and analytics and investor relations.

The travel and co-working company that has 22,000 beds across 13 countries has an $850 million valuation.

Hanerfeld, who leased more than 4 million square feet of office space since 2008 when he joined Cushman & Wakefield, will report to Mike DiBlasi, the newly appointed managing director of CBRE's Tampa office, who left Feldman Equities and joined CBRE in February.

With this promotion, DeMartino will oversee all development operations for the Greater Boston region, including land acquisitions, development, design, construction management, leasing and divestment.

The Phoenix office market recorded 1.05 million square feet of net office absorption in the first quarter with new leases accounting for 900,000 square feet.

Listen to our exclusive audio interview with Kevin Havens of design and delivery firm Wight & Company about how Joliet, IL, is anchoring its downtown revitalization plans to a new courthouse and court administration complex.