CBRE has appointed Patrick McGrath as the executive managing director of its South Bay office, tasked with leading market strategy, operations, and growth initiatives in the region. This announcement marks a significant move for the commercial real estate firm as it seeks to enhance its presence in a vital market.
With over 20 years of experience in the commercial real estate sector, McGrath has a proven track record of building and overseeing high-performing platforms across major markets in the United States. His approach combines deep market insights with a technology-driven, data-focused strategy that facilitates effective navigation through the intricate landscape of commercial real estate analysis, transactions, and management.
Vision for Growth in South Bay
Lew Horne, president of advisory services for the Americas at CBRE, expressed confidence in McGrath’s capabilities, stating, “Patrick brings a rare combination of market leadership, operating discipline and innovation mindset. He has a proven track record of scaling businesses, attracting top talent and leveraging technology to improve client outcomes.” Horne emphasized that McGrath’s leadership will substantially strengthen CBRE’s South Bay platform and accelerate its long-term growth trajectory in the area.
Prior to his role at CBRE, McGrath served as the chief information officer and president of the West Region at Savills North America. He played a pivotal role in modernizing the firm’s advisory model through data-driven decision-making and fostering collaboration across functions. His previous positions included senior leadership roles in various major U.S. markets, where he advised prominent occupiers and institutional investors on complex portfolio and transaction strategies.
A Personal Connection to the Region
Reflecting on his new role, McGrath shared a personal connection to the South Bay, stating, “The South Bay is home to my family. It’s where our son was born and a global hub of innovation.” He highlighted the region’s diverse economic landscape, which spans aerospace, defense, logistics, and next-generation technology—industries that are driving significant advancements and shaping the future.
CBRE’s strategic move to appoint McGrath signifies its commitment to enhancing its operational capabilities in a region known for its dynamic economic environment. As McGrath steps into this influential position, all eyes will be on how his extensive experience and innovative mindset will help steer CBRE’s growth and adaptation within the evolving commercial real estate market.
