Lee Ann Korst
First Vice President, Southeast Regional Manager, CBRE
Jacksonville, FL 32202
First Vice President, Southeast Regional Manager
Phone (850) 251-9319
First Vice President, Southeast Regional Manager
Property Types
Land, Office, Retail, Multi-Family
Markets
Jacksonville (Florida), Orlando, South Florida, Pensacola
Languages
English
Bio
Lee Ann Korst serves as Senior Vice President within the Public Institutions Group and is responsible for the Southeast region government practice. She currently manages contracts for the States of Florida and South Carolina, and Cities of Pensacola, Miami, Ft. Lauderdale, and Orlando.
Ms. Korst has managed the State of Florida account since 2011 by providing public institution consulting services, along with representing the State as both tenant and occupier. Lee Ann led the CBRE team responsible for publishing the State’s Real Estate Optimization Plan that identified between $70-100M in annual savings. Most recently, Lee Ann managed the disposition of six State-owned correctional facilities, averaging 30.4% above minimum price for the properties.
Since 2014, Ms. Korst has co-lead CBRE’s strategic planning and consulting services for to the State of South Carolina’s 8.1 MSF portfolio. In this role, CBRE is collecting, validating, and analyzing data related to the State’s 360 owned and leased properties to create a comprehensive strategic plan.
Ms. Korst has extensive government experience serving in high level positions at two Departments with the State of Florida. She served as the Director of Real Estate and Deputy Secretary at the Department of Management Services which included oversight and management of 7.9 MSF in the Florida Facilities Pool as well as 10 MSF of private sector leasing. Ms. Korst then served as the Deputy Executive Director, Department of Highway Safety and Motor Vehicles for the State of Florida, with responsibility for direct management and oversight of the Division of Driver Licensing, Division of Motor Vehicles, Customer Service Center and Cabinet Affairs. She also served the Department of Highway Safety and Motor Vehicles as the Chief of Staff, a role that included oversight of the administrative functions of that 4,500-employee state agency and $280M budget.
Prior to her public service, Ms. Korst worked for Equity Office Properties for more than 10 years, leasing and managing a variety of property types and ultimately serving as General Manager for One Ninety One Peachtree Tower in Atlanta, Georgia, where her responsibilities include the successful financial and operational performance of the 1.2 MSF Class A office tower in Atlanta.
Education
