JLL's capital markets group has launched a new industrial investment sales and advisory team in Denver led by senior managing director Peter Merrion and director Robert Key.

The new team will focus exclusively on industrial investment sales and equity placement, the brokerage said.

“This strategic move comes as a response to a noticeable gap in client service we have seen in the Denver market for the industrial asset class,” Merrion said in a statement. “Unlike other major firms that have sales professionals splitting their time as leasing brokers, we recognized an opportunity to provide enhanced client service with a purely capital markets focused team."

A 20-year commercial real estate veteran, Merrion will continue to co-head the Denver capital markets office with Leon McBroom, JLL said.

The new Denver industrial investment sales and advisory "is poised to create a significant impact in the industrial sector within the Denver market,” said John Huguenard, industrial group co-leader and senior managing director in a statement.

CBRE has named senior managing director Audrey Frey, who most recently headed the firm's East region, as the market leader for South Carolina. In her new role, Frey will oversee advisory service lines that include leasing, sales, debt and structured finance, valuation and property management in its Charleston, Columbia and Greenville offices in the Palmetto State.

For her new job, she has relocated to Greenville from Atlanta. "Same great company, new great city!" Frey said in a LinkedIn post. "Super excited for this opportunity!"

Frey joined CBRE in 2015 as a senior director in sales management. Within two years, the brokerage promoted her to managing director-occupier leader for the Atlanta market. During the past three years when she led the East region broker platform, she developed and grew resources to help CBRE brokers operate more efficiently and win more business, said Josh Bank, executive managing director for CBRE.

Cottonwood Group, a private equity real estate investment firm based in Los Angeles, has expanded its East Coast team with the hiring of two executives in its Boston office.

Michael Barosky, who previously served as a consultant for Cottonwood, joined the firm as a senior vice president and head of development. In his new role, Barosky, a 20-year industry veteran, will oversee the firm’s development portfolio and identify and manage partnership opportunities, Cottonwood said.

In the second new hire, Angelica Nouhi joined Cottonwood as vice president of asset management from Fundrise. Cottonwood said Nouhi and Barosky will support the growth of Cottonwood's Boston office with Scott Russell and Maxwell Rittner, who were both promoted to senior vice president of investments, and Peter Miller, who was elevated to vice president of investments.

"Our expanded leadership team will be instrumental in helping us achieve our portfolio goals in the Boston market and greater East Coast region for years to come," Cottonwood founder and CEO Alexander Shing said in a statement.

Colliers U.S. has added Greg Capps, a 16-year industry veteran, to its Raleigh, North Carolina, office where he will focus on the life science and biotechnology sectors. As an executive vice president on Colliers' occupier services team, Capps will work with Ryan Toland and focus primarily on the life science sector in North Carolina and across the region, the firm said.

Before joining Colliers, Capps served as managing director at Longfellow Real Estate Partners, a large investor and developer of life science buildings in the United States. At Longfellow, he worked with the company's partners to set and execute a strategy for the firm's continued growth in North Carolina.

He also has worked at Newmark Knight Frank and TriProperties.

Calloway Capital, a commercial mortgage firm based in Lakewood, New Jersey, has merged into Northmarq as part of the brokerage's expansion in the Northeast.

As part of the deal, David Singer, the principal of Calloway who joined Northmarq as managing director, will establish and lead its debt and equity team in Lakewood, Northmarq said. Singer specializes in originating and structuring debt and equity for multifamily acquisitions and recapitalizations across the country.

Singer founded Calloway in 2018 after serving as head of lender relationships at Eastern Union. Singer, who has 12 years of experience and has worked with clients from family offices to publicly traded real estate companies, has completed more than $4 billion in transactions.

He reports to Ernest DesRochers, a managing director based in Northmarq’s New York City office.