CBRE announced Aug. 16 it appointed Tommie Reilly as managing director and market leader for its Jacksonville business, effective Aug. 21.
Reilly succeeds Tripp Gulliford, who has been the executive managing director of CBRE’s Florida region and Jacksonville market leader. He joined the firm in 2013.
Reilly will oversee the business operations and growth strategy for all Advisory Services lines of business, including leasing, sales, valuations, project management and property management, according to a news release.
Reilly joined CBRE in 2017 as a sales manager of CBRE’s North and Central Florida markets, including Jacksonville, the Panhandle, Orlando and Tampa.
She was promoted to sales director in March 2020.
The release said that in addition to her experience at CBRE, Reilly brings more than 10 years of leadership experience in sales and from the mortgage banking industry to the role.
“Tommie is an outstanding leader and strategic partner to our professionals and teams across all business lines and has been integral in helping CBRE excel and maintain a market-leading position in North Florida,” said CBRE Executive Managing Director Josh Bank in the release.
“Her leadership qualities and extensive market knowledge made her the perfect person to lead our Jacksonville office.”
Reilly earned a Bachelor of Science in Business Administration and Bachelor of Arts in International Relations from the University of Missouri – Columbia, as well as a Master of Business Administration from the University of North Florida.
Gulliford's future
Gulliford, 54, said Aug. 17 that he hit his 10-year anniversary at CBRE in June and reflected on what he wanted to do next.
“I really have done what I wanted to do at CBRE and (am) certainly leaving the office in a better place than we found it and accomplished most of what I wanted to do there,” he said.
He said he approached CBRE the first of June after his anniversary and said he was ready to do something different.
“My background had been on the development and investment side and I really wanted to get back to that, so we agreed that I’d help with finding a new market leader and the transition and when we did that I would transition out,” he said.
A Jacksonville native, William “Tripp” Gulliford III said the transition will be Sept. 1.
He said he will be in a principal role with a real estate investment company in Jacksonville that he expects to announce soon.
Office move
CBRE is based on the ground floor of One Enterprise Center at 225 Water St. but will move to the 30th floor of Wells Fargo Center at 1 Independent Drive W.
The city issued a permit June 30 for Ladson Construction Co. to renovate about 10,000 square feet of space at a project cost of almost $2.12 million for the CBRE commercial real estate office.
The move is expected in the fourth quarter of 2023.
“As we considered how to improve our Jacksonville office, it was important to consider real estate options that would keep us in the heart of downtown,” Gulliford said in May.
Both buildings are on the Northbank of the St. Johns River.
“The space we found allows us to build out an innovative, flexible experience to better support the needs of our professionals and clients,” Gulliford said.
CBRE said it signed a lease for 11,687 square feet of space.
CBRE Senior Vice President Lou Nutter and Vice President Billy Kuntz are the leasing representatives for Wells Fargo Center on behalf of the landlord.