CA RE License #01240548
Bret Hardy joined 星空体育app下载 in 2017 at the firm鈥檚 Downtown Los Angeles office, where he serves as an Executive Managing Director and member of the U.S. Capital Markets team, led by Kevin Shannon. Hardy focuses exclusively on managing institutional industrial investment sales in the firm鈥檚 Western Region. A 27-year industry veteran, Hardy has served as the lead broker on eight multistate/nationwide single-tenant portfolio dispositions and has completed transactions with a combined value of $4.6 billion. He brings to his position a deep understanding of structured finance vehicles such as synthetic leases, sale/leasebacks, UPREITs, joint ventures and alternative tax-oriented leased investments. He also has extensive knowledge and expertise in the field of single-tenant new lease properties.
Hardy joined 星空体育app下载 after more than 16 years in the Los Angeles office of Colliers International. He began his tenure there as an executive managing director and leader of the firm鈥檚 corporate finance practice. In this role, he provided transaction and consulting services to private and institutional clients, specializing in asset disposition, cash flow optimization, tax mitigation and GAAP/financial statement enhancement. After 2008, he concentrated on institutional industrial investment sales. Prior to Colliers, Hardy served as Director of Cushman & Wakefield鈥檚 West Coast consulting practice and as controller for the Irvine Company鈥檚 industrial and office divisions. He began his corporate real estate career in the Newport Beach office of Price Waterhouse (now PricewaterhouseCoopers).
Partial List of Significant Sales Transactions
| Represented | Property | Location | Size | Buyer | Price |
| AIC Portfolio Sales(1) | 82 industrial properties | National | 13.4 million SF | Multiple | $709.8 million |
| Department of the Navy | MCAS Toro (Heritage Fields) | Irvine, CA | 3,719 acres | Lennar Development | $649.5 million |
| DST Systems | DST Portfolio | Portland, OR | 1.4 million SF | Oak Street Capital | $135 million |
| Washington Holdings | Commerce Parks & I-84 Portfolio | Portland, OR | 1.4 million SF | Lincoln Property Advisors | $112.3 million |
| Krausz Companies | RCDC — 14-building industrial park | Ranch Cucamonga, CA | 1.4 million SF | LBA/Morgan Stanley | $83.6 million |
| Bechler Corp. | Bechler Southern California Industrial Portfolio | Cerritos and Rancho Dominguez, CA | 1.0 million SF | Multiple | $81.2 million |
| Chevron (2) | La Mirada Logistics Center | Mid-Counties | 22.7 acres | Duke Realty | $37 million |
| WDC Properties (3) | Overton Building | Portland, OR | 61,953 SF | Empire Square | $30.9 million |
| Prologis/IAC (4) | 755 North Nash Street | El Segundo, CA | 74,696 SF | Cohen Asset Management | $22.6 million |
(1) Multiple national industrial single-tenant net leased portfolios
(2) The $42.90 per net developable land area of 19.8 acres was the highest price paid for Mid-Counties industrial land in the post-recession era
(3) Highest price per square foot achieved within the Portland office market at the time of sale
(4) Highest price per square foot achieved for an industrial investment within the South Bay market at the time of sale
Partial Client List
- AIC Ventures
- American Realty Advisors
- AEW Capital Management
- Barings (Cornerstone)
- Cigna
- DB/RREEF
- Department of the Navy
- First Industrial
- International Airport Centers
- Invesco
- JP Morgan
- Metzler
- Overton Moore Properties (OMP)
- Principal
- Prologis
- Prudential
- TA Associates
- Washington Capital Management
- Washington Holdings
Professional Achievements
- Top Producer, Colliers Western Region in 14 of the past 16 years
Professional Affiliations
- Certified public accountant, state of California (inactive)
- Licensed real estate salesperson, the states of Nevada and California
Personal Achievements
- Rock drummer in several classic rock bands for the past 30 years
Personal Affiliations
- Member of the board of regents, LaSalle High School, Pasadena, CA
- Patron, Pasadena Conservatory
Education
Hardy earned a Bachelor of Science degree in accounting from the University of Southern California’s Leventhal School of Accounting.