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2023 Top Broker Awards
California
Tres Reid
Sales Total
4.2 million square feet
Closed 46 transactions totaling 4.2 million square feet
Highlights included sale of nine-property, 1.4-million-square-foot portfolio
Tres Reid is Vice Chairman of CBRE. During 2022, he closed 46 industrial transactions totaling 4.2 million square feet.
Notable deals during the past year included the sale of a nine-property industrial portfolio in the South Bay area of Los Angeles County. Spanning an entire city block at 1.4 million square feet, the lease consideration totaled more than $225 million. Other notable leases included 176,656 square feet at the Prologis South Bay Industrial Center 48 in Compton, CA ($62.5 million consideration) and a 953,336-square-foot lease at JW Industrial Park Building 1 in Lehigh, PA ($58.4 million consideration).
During his more than 30-year career with CBRE, Reid has completed more than 1,500 sale and lease transactions representing over $4.2 billion and 75 million square feet of space. He is one of only 25 CBRE Vice Chairs in the country with an industrial focus.