Retail property investment sales ace Jim Batjer just joined CBRE’s capital markets division as executive vice president.
Batjer comes to CBRE by way of HFF–JLL’s newly acquired capital markets arm–where he was managing director. CBRE South-Central President Michael Caffey expressed excitement at getting the 30-year industry veteran to bring his talents to CBRE. Batjer’s score sheet totals more than $8.5 billion in real estate asset sales for major corporate, institutional, and entrepreneurial owners. He is joining the CBRE’s National Retail Partners-Southwest, which has closed roughly $1.5 billion in sales in the Southwest.
“The addition of Jim to our already leading institutional retail properties team is a game changer for the market and our clients,” said Michael Caffey, CBRE President, South-Central Division. “His knowledge of the retail landscape throughout the Southwest and his relationships with key institutional clients will further CBRE’s momentum in the retail investment sales sector, and provide investors with the best team in the industry, supported by the best services platform, to drive enhanced value for their assets.”
At CBRE, Batjer will focus on the acquisition and disposition of large-scale retail and mixed-use developments in the Southwest. He will be teaming up with Chris Cozby in the DFW office and Mark Witcher in Houston, both members of the firm’s National Retail Partners.
Batjer’s hiring is third major capital markets hiring announced by DFW firms this week.