Cushman & Wakefield team brokers $1.3 billion in deals so far this year

New York /
Aug.August 15, 2011 09:28 AM

Despite the limitations of the current market, the Cushman & Wakefield brokerage team that represented Nomura Holdings in a 900,000-square-foot lease deal at Worldwide Plaza this summer is on somewhat of a winning streak, the Wall Street Journal reported. The seven-member team — led by John Cefaly, Robert Lowe and Gus Field — has done five deals already this year totaling $1.3 billion, each for more than 50,000 square feet.

“We do a lot of big deals,” Cefaly told the Journal, but “this has been an unusual year.”

Cefaly declined to comment on the amount in commissions the team received but it may have been as much as $40 million, according to a formula cited by the Journal.

The U.S. subsidiary of Japan’s Nomura Holdings announced that it would be leaving the World Financial Center for Worldwide Plaza, George Comfort & Sons and RCG Longviews’ 1.8-million-square foot office tower on Eighth Avenue and 50th Street, back in June. The move is expected in 2013.

As previously reported, Worldwide Plaza is now 95 percent leased. [WSJ]


Related Articles

arrow_forward_ios
Cushman predicts widespread return-to-office in early 2022
Cushman predicts widespread return-to-office in early 2022
Cushman predicts widespread return-to-office in early 2022
WeWork CEO Sandeep Mathrani and Cushman CEO Brett White (WeWork, White by Louise-Haywood Schiefer)
WeWork, Cushman negotiating $150M partnership
WeWork, Cushman negotiating $150M partnership
Cushman & Wakefield's Doug Harmon and Adam Spies (Cushman, Getty)
Cushman’s top sales brokers negotiating new contract
Cushman’s top sales brokers negotiating new contract
Cushman & Wakefield's Brett White and John Forrester
Cushman & Wakefield announces new CEO, revenue back to pre-pandemic levels
Cushman & Wakefield announces new CEO, revenue back to pre-pandemic levels
Related Companies chairman Stephen Ross and Harris Blitzer Sports CEO Scott O'Neil with Central Park’s Wollman Rink (Getty)
City replaces Trump as Central Park rink operator — with Trump pals
City replaces Trump as Central Park rink operator — with Trump pals
Stephen Preuss
Top sales broker out at Cushman & Wakefield
Top sales broker out at Cushman & Wakefield
President & CEO of Northwood Investors with 520 and 524 Broadway. (Getty, Google Maps)
Northwood buys two Soho buildings for $325M
Northwood buys two Soho buildings for $325M
Cushman & Wakefield CEO Brett White (Cushman)
Cushman eyeing M&A opportunities post-pandemic
Cushman eyeing M&A opportunities post-pandemic
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...