CBRE has appointed Josh Caruana as the Market Leader for its operations in the Los Angeles North region, which includes key areas such as Glendale, Woodland Hills, and Oxnard. This strategic move is aimed at enhancing the company’s market presence and expanding its business footprint in these growing areas.
In his new role, Caruana will oversee a range of business lines, including leasing, sales, valuations, debt and structured finance, as well as property management across various property types. His focus will be on driving growth across the San Fernando Valley, Tri-Cities, and Ventura County, building on CBRE’s established foundation in the region.
Caruana brings extensive experience and a proven track record to CBRE. Prior to this appointment, he was with Marcus & Millichap, where he excelled in brokerage and sales management throughout Southern California. His leadership capabilities were further demonstrated when he managed the Indianapolis office, contributing significantly to the firm’s expansion into the Midwest. Eventually, Caruana took on a larger role overseeing the Central-Midwest region, which encompassed five markets.
Leadership Vision and Future Goals
Lewis Horne, President of CBRE for Greater Los Angeles, Orange County & Inland Empire, expressed confidence in Caruana’s capabilities. “Josh’s experience in brokerage and leadership, combined with a proven track record in talent development and operational strategy, makes him uniquely suited for this role,” Horne stated. He emphasized that under Caruana’s leadership, CBRE aims to enhance its business and create new opportunities for success in the region.
Caruana’s appointment reflects CBRE’s commitment to strengthening its leadership team and capitalizing on growth opportunities in one of the most dynamic real estate markets in the United States. As the company looks to the future, his expertise will be crucial in navigating the complexities of the real estate landscape and meeting the evolving needs of clients in the L.A. North region.
This strategic leadership change comes as the real estate market continues to adapt to shifting economic conditions, making the role of strong local leadership more important than ever. With Caruana at the helm, CBRE is poised to solidify its position as a leader in the competitive Los Angeles market.
