October 5, 2017 Comments Off on CBRE’s Ted Snell Passes Away Views: 3089 California News, Top California

CBRE’s Ted Snell Passes Away

C. Theodore (Ted) Snell, a commercial real estate industry icon who spent the past 40 years at CBRE, has passed away. During a career that started in 1979, Snell completed more than 1,000 transactions totaling in excess of 100 million square feet.

Along the way, Snell represented some of the region’s largest companies, handling significant office and industrial lease assignments, as well as land and investment transactions. He earned a reputable track record for extensive local development and built a large financial-community network.

One of Snell’s notable legacy development and leasing assignments involves Parker Properties’ The Summit, a 1.7-million-square foot office project in Aliso Viejo, CA. His forward-thinking and creative marketing campaign contributed significantly to the success of the project since its inception in 1996.

He was also involved in Tustin Legacy, a 1,000-acre redevelopment of the former Marine Corps Air Station Tustin, and completed nearly 200 ground leases at the Irvine Ranch for The Irvine Company.

Snell’s numerous professional accomplishments included earning distinction companywide as the Top First-Year Sales Professional, winning the CBRE McCarthy Award, admission into the Colbert Coldwell Circle, honored as the Top Sales Professional in Southern California, and recognition in 1999 as one of the Top 1% Sales Brokers in Southern California. Snell was a board member of UCI’s Graduate School of Real Estate.

Snell is survived by his wife, Nancy, a daughter, Nicole and her husband Adam,  a son Eric, who was his partner at CBRE, youngest daughter Lauren, as well as two granddaughters.

Church services and a funeral mass are planned for October 7th at 10 a.m. at Our Lady Queen of Angels Catholic Church located at 2046 Mar Visa Dr., in Newport Beach, CA.

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