Oxford Properties Group and CBRE will make key leadership changes this fall.
Eric Plesman will become president and CEO of Oxford on November 3. He will succeed Daniel Fournier, who will step aside from the role but continue providing strategic counsel into 2026 to ensure a smooth transition.
Meanwhile, Paul Morassutti, who chairs CBRE’s Canadian business, has announced his upcoming retirement on LinkedIn.
Plesman’s appointment marks a homecoming to Oxford, where he previously held senior leadership roles.
“I’m honoured to return to Oxford, an organization whose people, culture and purpose I know firsthand and have a deep personal admiration for,” said Plesman. “Oxford has a world-class platform that is unique in the marketplace, a clear strategy and strong momentum. I look forward to partnering with the teams across Oxford and OMERS to deliver for our customers, capital partners and members, and to build on the company’s global strength and reputation.”
He most recently served as head of global real estate at the Healthcare of Ontario Pension Plan (HOOPP.) His career also includes more than a decade at Morgan Stanley, along with board and industry leadership positions, including serving as chair of the Institutional Investor Council at the Pension Real Estate Association.
Oxford’s parent company, OMERS, highlighted Plesman’s investment expertise and leadership skills as key to building on Oxford’s 65-year legacy.
Meanwhile, Morassutti, will retire at year-end 2025. Morassutti has been a prominent industry executive for three decades, including 13 years in senior roles at CBRE. He was appointed chairman in November 2022 after serving as vice-chair and leading the firm’s valuation and advisory practice.
Morassutti has also held senior positions at Altus Group, served on industry boards, and been a frequent contributor to conferences. He plans to support a smooth transition before stepping back from his professional duties.
“Almost 100 years ago, my grandfather laid bricks in buildings that still stand today,” he wrote. “Hopefully, I have continued that legacy (albeit figuratively not literally.)”
CBRE has yet to name his successor.
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
Learn more
The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
Learn more
Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California