CBRE Pittsburgh Market Leader Jack Norris (pictured far left) said he will retire from the firm by the end of next March and his successor, Jeffrey Ackerman (left), will take over as managing director and market leader on April 1, 2013. Executive Vice President Gerry Dudley will move into Ackerman’s former role as head of the investment property group on the same date.
Norri has overseen the Pittsburgh office for more than 15 years.
“I have been planning my retirement for some time, but wanted to be sure the time was right,” Norris said. “This company has been my passion and I wanted to be sure that it is strong and well positioned before acting on my plans. We are fortunate to operate in one of the healthiest markets in the country-with a well-recognized brand, robust platform and deep talent pool-and to have an accomplished leader like Jeffrey, who is ready to step into the market leader role. Under his leadership I am confident CBRE’s market position will continue to strengthen and grow, and I look forward to working with Jeffrey on a smooth transition.”
Ackerman has been a mainstay of the Pittsburgh real estate market since the mid-1990s. He has closed more than $4 billion of investment property sales in the region. Ackerman has also been a co-leader of CBRE’s Private Capital Group since 2010, along with Jennifer Pierson.
Dudley’s
commercial real estate career spans more than three decades. He has completed more than $5 billion in aggregate lease volume during his tenure and serves as an executive vice president in the firm’s office occupier service business.
Ackerman, Norris and Dudley founded a local real estate services company 14 years ago that was purchased by CBRE and today comprises the backbone of the company’s Pittsburgh area operations.