Villa returns to CBRE, named senior VP of retail services

Marta Person Villa, a highly regarded veteran retail broker, is returning to CBRE, where she will serve as senior vice president of one of the top retail practices in northern New Jersey.

Villa worked at CBRE for five years previously (2011-16) before taking a similar job at JLL.

Jeffrey Hipschman, senior managing director of CBRE’s New Jersey operations, was happy to welcome her back.

“It is particularly gratifying to welcome back yet another successful and seasoned professional to the CBRE team,” he said. “Marta will be an instrumental part of our retail practice as we continue to grow and serve the constantly evolving requirements of owners and retailers, especially during these challenging times brought on by the pandemic.”

Villa, who has more than 25 years of commercial real estate experience, will be tasked with expanding CBRE’s retail services throughout New Jersey.

During her career, she has been responsible for many noteworthy deals, including the sale of an 11-acre site in Wall Township to Mega Holdings LLC, which was developed into a 60,000-square-foot, grocery-anchored center on Route 35.

Villa has represented a number of high-profile shopping centers, street retail and free-standing retail and is an expert in the Newark market, where she has completed more than 50 retail leases. Villa has represented many prominent tenants, including Trek Bikes, West Marine, Fulton Bank, Sky Zone, Carvana and Tempur-Pedic, among others. Notable clients on the landlord side include Transformco and SJP Properties.

Prior to her career in retail, Villa spent nearly 20 years in urban redevelopment and downtown revitalization, working directly for municipalities and nonprofits. As an administrator for the borough of Red Bank, she was credited with contributing to the revitalization of the area, which was named “Hip Town” by New Jersey Monthly Magazine.

Villa is a graduate of the University of Richmond.