[IMGCAP(1)]LOS ANGELES-Robert Zerbst has announced his retirement as chairman of CB Richard Ellis Investors, which has also named Shaun O’Connor as its new CFO, and Brookfield Properties has tapped Bert Dezzutti as a new SVP to oversee its Southern California operations. Zerbst, who plans to retire on Dec. 31, joined CB Richard Ellis Investors in 1997 as president and served as its CEO from 1998 until 2007, when he was named chairman.

During his tenure, Zerbst led CBRE Investors through strategic changes that brought rapid growth and globalization of its investment management business. In a little more than 10 years, CBRE Investors grew from a domestic pension fund adviser with $3.7 billion of assets under management into a global investment organization with approximately $44 billion of assets under management as of June 30, 2008.

Following his retirement, Zerbst will remain active in the real estate industry, serving as a special adviser to CB Richard Ellis Investors CEO Vance Maddocks. Zerbst also is the incoming chairman of the National Association of Real Estate Investment Managers,the principal trade organization representing the real estate investment management industry.

O’Connor, who stepped into his new role at the beginning of October, has more than 20 years of financial operations experience and joins CBRE Investors from GE Real Estate. At GE, he served in various financial planning and analysis roles before being named CFO of Europe in 2006 and then CFO of the US Equity business in 2008. Before GE, O’Connor held finance positions at AIG and IBM.

[IMGCAP(2)]Dezzutti,who most recently was the chief operating officer at Los Angeles-based Bentley Forbes. At Brookfield he has responsibility for setting the strategic direction and overseeing the day-to-day operations and activities of the company’s Southern California portfolio, with an emphasis on the company’s 4.6 million sf of assets in Downtown Los Angeles.

Dezzutti, who has more than 22 years of experience in various executive-level positions in commercial real estate, was responsible for overall operations at Bentley Forbes. Before Bentley Forbes, he was a senior vice president at Equity Office Properties from 2001 to 2006, where he oversaw 17 million sf of assets in Southern California.

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



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

Copyright © 2023 ALM Global, LLC. All Rights Reserved.