Global commercial real estate firm Cushman & Wakefield has selected former CBRE executive Chris Hipps as its Texas managing principal in Dallas.

“Chris’s leadership and experience position Cushman & Wakefield to flourish in Texas, and we’re excited he’s joining our team,” Victoria Malkin, regional president (Central Region) for Cushman & Wakefield, said in a news release.

“His addition is a further example of our commitment to Texas and its importance as a global commercial real estate and economic powerhouse. What’s more, Chris is dedicated to strategic growth both organically and through attracting elite talent. Cushman & Wakefield has a long and storied history in Texas, and Chris is the ideal person to lead us into the next chapter,” Malkin added.

Hipps was senior managing director of advisory, transaction, and investor services in Dallas-Fort Worth for CBRE, a Dallas-based commercial real estate services and investment juggernaut.

He spent more than two decades with Cadillac Fairview successors Prentiss Properties Trust and Brandywine Realty Trust after beginning his career with the former.

“As the state continues its historical growth trajectory, we have a real opportunity to expand Cushman & Wakefield’s impact across Texas,” Hipps said in the release. “Each market across the state is unique and offers us the chance to differentiate ourselves. With the industry-leading talent that we’ve long been known for in Texas — and with those who we will add — we’re well positioned to grow market share and redefine client engagement in the Lone Star State.”

Cushman & Wakefield has 400 offices in 60 countries. It reported more than $10.1 billion in revenue in 2022 in project management, leasing, capital markets, property and facilities management, valuation, and other services, according to the release.