CBRE has named new chief executives for its Real Estate Investments and Trammell Crow Company business lines and appointed a new global chief operating officer for its Advisory Services segment, effective Jan. 1, 2026.
Andy Glanzman has been promoted to CEO of CBRE’s Real Estate Investments (REI) segment, where he will have executive oversight of both Trammell Crow Company, the firm’s real estate development subsidiary, and CBRE Investment Management, its global real assets investment management arm.
Glanzman will continue to serve as co-CEO of CBRE Investment Management alongside Adam Gallistel and will report to Bob Sulentic, CBRE’s chair and CEO.
Adam Nims has been promoted to CEO of Trammell Crow Company and will report to Glanzman.
Separately, Adam Saphier, currently a senior executive within Trammell Crow Company, will become global chief operating officer of CBRE’s Advisory Services segment. In that role, Saphier will oversee all Advisory operations outside the U.S. and Canada, as well as the company’s global valuations business, CBRE said.
Saphier will report to Vikram Kohli, CEO of Advisory Services, and will also support Kohli with the operational and financial management of the Advisory segment worldwide.
CBRE Chair and CEO Bob Sulentic said the leadership changes reflect the long-standing contributions of all three executives.
The three leaders have “delivered exceptional results for our company and clients over many years,” Sulentic said. “Their new roles position them to have an even greater impact while continuing to advance their careers.”
Glanzman has served as co-CEO of CBRE Investment Management since December 2024, and before that, served as the firm’s president. Nims and Saphier joined TCC in 2006 and 2005, respectively, and have held several senior executive positions over the past two decades.
With Nims’ promotion, TCC’s current CEO, Danny Queenan, will move into a new senior role as executive group president with oversight of several key initiatives and geographies for TCC and will report to Nims, CBRE said.
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