Cushman & Wakefield

MSC GROUP TO EXPAND PRESENCE IN MIAMI WITH NEW NORTH AMERICAN HEADQUARTERS FOR CRUISE DIVISION

Retrieved on: 
Wednesday, January 17, 2024

MSC Cargo has been based in Miami-Dade for more than 25 years and now MSC Cruises is moving to establish the Cruise Division's North American headquarters as part of the Group's commitment to Miami.

Key Points: 
  • MSC Cargo has been based in Miami-Dade for more than 25 years and now MSC Cruises is moving to establish the Cruise Division's North American headquarters as part of the Group's commitment to Miami.
  • The 130,000-square-foot office space will support the continued growth of MSC Cruises and the newly launched Explora Journeys in the North American market, allowing them to expand alongside MSC Cargo.
  • Miami-Dade's strong labor pool and attractive business environment played significant factors in MSC Group's decision to invest in Downtown Miami.
  • With our diverse and skilled workforce, coupled with a top-tier cruise port, Miami warmly embraces MSC Cruises.

Alvarez & Marsal Property Solutions Bolsters Retail Leasing Team with the Addition of Christian Stanton, Lucas Kooyman and Libby Miller

Retrieved on: 
Wednesday, January 10, 2024

The new additions include Christian Stanton as Senior Vice President, Lucas Kooyman as Vice President, and Libby Miller as Senior Analyst.

Key Points: 
  • The new additions include Christian Stanton as Senior Vice President, Lucas Kooyman as Vice President, and Libby Miller as Senior Analyst.
  • Christian Stanton joins AM-PS as Senior Vice President with nearly twenty years of experience in the commercial real estate sector.
  • His primary focus will center on strategic planning and the development of executable leasing strategies for international retailers and institutional landlords.
  • For landlords, the experienced team offers site and project analysis, short-and long-term leasing, property management, marketing strategy and vision.

Walker & Dunlop Investment Sales Team Grows North and South Carolina Platform With New Managing Director

Retrieved on: 
Thursday, January 11, 2024

Walker & Dunlop, Inc. announced today that it has expanded its Carolinas Investment Sales team with the addition of Managing Director Michael Saclarides .

Key Points: 
  • Walker & Dunlop, Inc. announced today that it has expanded its Carolinas Investment Sales team with the addition of Managing Director Michael Saclarides .
  • He will be focused on Walker & Dunlop's multifamily institutional brokerage activities in Charlotte and the rest of the Carolinas.
  • Devin Bryan, who also joins Walker & Dunlop from Cushman & Wakefield, will work as a director on the team.
  • Walker & Dunlop is a leader in multifamily property sales, having completed nearly $6 billion in property sales volume through September 30, 2023.

Nation's Top Military Spouse Friendly® Employers Announced

Retrieved on: 
Wednesday, January 10, 2024

This year's Military Spouse Friendly® Employers list can be found at www.militaryfriendly.com/MSFE2024 and will be published in the 2024 Winter issue of Military Spouse® Magazine.

Key Points: 
  • This year's Military Spouse Friendly® Employers list can be found at www.militaryfriendly.com/MSFE2024 and will be published in the 2024 Winter issue of Military Spouse® Magazine.
  • "We celebrate and honor employers who proudly bear the badge of Military Spouse Friendly® Employer.
  • Being designated as Military Spouse Friendly® is not just an award,  it's a commitment to fostering a workplace culture that appreciates resilience, adaptability, and unwavering dedication," said Kayla Lopez, Director of Military Partnerships, Military Friendly®.
  • For further information on the Military Spouse Friendly® Employers list, visit https://www.militaryfriendly.com/msfe2024/

Vornado Realty Trust Names Cushman & Wakefield to Launch Leasing Program at Reinvented PENN 2 Office Tower in the Heart of Vornado’s PENN DISTRICT Campus

Retrieved on: 
Monday, January 8, 2024

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today named Cushman & Wakefield as the exclusive leasing agent of PENN 2, its 1.8 million square-foot PENN DISTRICT office tower.
  • PENN 2 has been completely transformed into a world-class office environment geared toward today’s leading companies.
  • “We are excited to partner on PENN 2 with Cushman & Wakefield to continue our momentum in the PENN DISTRICT.
  • The PENN DISTRICT campus is situated directly above North America’s most accessible and active mass transit hub.

Armada Hoffler Finalizes Lease with KPMG LLP at Town Center of Virginia Beach

Retrieved on: 
Thursday, January 4, 2024

VIRGINIA BEACH, Va., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announces a new office tenant at Town Center of Virginia Beach, its longtime corporate headquarters.

Key Points: 
  • VIRGINIA BEACH, Va., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announces a new office tenant at Town Center of Virginia Beach, its longtime corporate headquarters.
  • The Company completed a new lease with KPMG LLP, the U.S. audit, tax and advisory firm.
  • Beginning January 2024, KPMG will occupy 13,044 square feet, bringing the mixed-use property’s office space to 98% leased.
  • We are thrilled to bring another global office tenant to our flagship mixed use development, Town Center of Virginia Beach,” said Louis Haddad, President and CEO of Armada Hoffler.

Big Sky Medical Acquires First Asset in Phoenix

Retrieved on: 
Wednesday, January 3, 2024

DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center.

Key Points: 
  • DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center.
  • "The acquisition of the Blackhawk Medical Center in Phoenix marks a momentous stride in Big Sky's mission to expand our portfolio’s footprint.
  • We are excited about the opportunities this acquisition brings to provide quality medical facilities to the expanding Phoenix community."
  • – Chris Morgan, Senior Manager – Acquisitions for Big Sky Medical.

SL Green Signs 77,000 Square Foot Lease with Stonepeak Partners at 245 Park Avenue

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Stonepeak Partners, L.P., a leading international alternative investment firm, has signed a new 76,716 square foot, 15-year lease covering the entire 31st and 32nd floors at 245 Park Avenue.

Key Points: 
  • NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Stonepeak Partners, L.P., a leading international alternative investment firm, has signed a new 76,716 square foot, 15-year lease covering the entire 31st and 32nd floors at 245 Park Avenue.
  • To date in 2023, SL Green has signed leases totaling 199,872 square feet in the building.
  • “We’re delighted to welcome Stonepeak Partners to 245 Park Avenue as we commence a transformative redevelopment of the building,” said Steven Durels, SL Green’s Executive Vice President, Director of Leasing and Real Property.
  • “Park Avenue continues to be the premier Manhattan submarket as world class companies increasingly focus on midtown as their preferred office location.”
    245 Park Avenue is a 1.8 million-square-foot, Class A office building located directly across from JP Morgan Chase’s new world headquarters.

Cushman & Wakefield Names Rob Rubano Head of Equity Debt Structured Financing for the Americas

Retrieved on: 
Tuesday, December 19, 2023

Cushman & Wakefield (NYSE: CWK) announced the firm has appointed Executive Vice Chair Rob Rubano as the firm’s Head of Equity, Debt & Structured Finance (EDSF) for the Americas.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) announced the firm has appointed Executive Vice Chair Rob Rubano as the firm’s Head of Equity, Debt & Structured Finance (EDSF) for the Americas.
  • Rubano is based in Los Angeles and reports to Dan Broderick, Cushman & Wakefield’s President, Americas Advisory and Matt Chatham, Cushman & Wakefield’s Regional President for the West Region.
  • “Cushman & Wakefield offers top talent in equity and debt financing across the Americas, and worldwide, and I consider it a privilege to step into this leadership role,” expressed Rob Rubano.
  • He is an influencer and thought leader in the real estate industry, and an active member of a variety of community organizations.

Cushman & Wakefield Unveils Asset Optimization Group for Underperforming and Distressed Assets

Retrieved on: 
Monday, December 18, 2023

"These solutions for assets under duress are just one of the responses we’re providing clients as they explore longer-term solutions such as comprehensive property repositioning and even repurposing,” said Marla Maloney, President of Americas Services at Cushman & Wakefield. “Our relationships with investors, lenders and servicers -- and our focus on understanding the uniqueness of each asset -- contributes to a smooth receivership, stabilization and maximum return on their investments.”

Key Points: 
  • Cushman & Wakefield (NYSE: CWK), today announced its Asset Optimization Group, renewing the company's commitment to supporting lenders, investors and servicers of underperforming assets.
  • “The Asset Optimization Group provides integrated, tailored solutions to maximize recovery for office, industrial, retail, and multifamily properties that are underperforming or distressed in this new environment.”
    Cushman & Wakefield will leverage its comprehensive suite of services, including receivership, property management, leasing, market research, asset and note sales, asset finance, valuation, and advisory.
  • The goal is to optimize asset recovery, mitigate deterioration, and swiftly pursue the best resolution.
  • "Our clients need strategic solutions to maximize the recovery of underperforming assets," said Andrew McDonald, Global President, Cushman & Wakefield.