X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SADDLE BROOK, NJ-Ray Sohmer has been appointed senior managing director for New Jersey for CB Richard Ellis, which has its main Garden State office here. He will report directly to Patrick Murphy, executive managing director of Tri-State Suburban offices for the firm, who announced the promotion.

Sohmer will replace Stacy Wallach as senior managing director. Wallach is retiring from the firm, effective January 1, 2007. Wallach will continue in his existing role until that time.

Until now, Sohmer has been managing director of CBRE’s Central New Jersey office in East Brunswick. As part of the leadership transition in New Jersey, he will be replaced in the latter position by Tom Krieger, a 10-year vet in the commercial brokerage field who has most recently been managing CBRE’s Long Island region in New York. Krieger is credited with expanding the firm’s Long Island operations during his tenure.

Before joining CBRE in 2001, Sohmer was a senior vice president at Grubb & Ellis, where he achieved that firm’s Circle of Excellence designation from 1996 to 2001. Over the years his client list for major transactions has included such names as Merrill Lynch, MetLife, IBM, Morgan Stanley, Tyco Electronics, Verizon Wireless, Thomas & Betts and L’Oreal.

“Ray Sohmer is an outstanding professional and leader, and this promotion reflects his track record and market expertise,” says Murphy, who heads CBRE’s Tri-State Suburban operations from the Saddle Brook office. “His experience as both a broker and a manager provide him with the insights to help our 140 professionals advise their clients. Under his leadership, CBRE is positioned to continue to grow.

“We would also like to extend our sincere thanks to Stacy Wallach for his efforts, professionalism and leadership,” Murphy says. “Stacy is a consummate professional and he made a significant contribution to CBRE.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.