CBRE veteran to head JLL’s NYC brokerage division

Nov.November 20, 2013 12:15 PM

Jones Lang LaSalle has tapped CBRE’s Philip Palmer to oversee their brokerage operations in New York City. Palmer will manage more than 100 brokers in JLL’s expanding operation, the firm said.

Palmer was formerly managing director of CBRE’s Midtown brokerage division, and prior to that was vice president of sales at a Canadian printing company. JLL approached him about a possible move about two months ago, he said.

“I’m here for no other reason than it’s a great opportunity and a fantastic platform,” Palmer told the New York Observer.

JLL’s brokerage division has nearly doubled in size over the past three years, Palmer told the Observer, and is actively hunting for talent. “We view brokerage as the pointy end of the spear,” Palmer said. “It’s what most resonates with clients.”

Last week, Boston Properties announced that it had poached veteran CBRE broker John Powers to head its New York operations.  [NYO]Hiten Samtani

Related Articles

CBRE CEO Robert Sulentic (Credit: Getty Images, iStock)

CBRE plans cuts to NYC tech team

The Black Rock bulding at 51 West 52nd Street and Viacom CEO Bob Bakish (Credit: Google Maps, Getty Images)

The price is right? CBS asking more than $1B for Sixth Ave HQ

JLL President and CEO Christian Ulbrich & JLL Global Chief Financial Officer Stephanie Plaines (Credit: iStock, JLL)

JLL still riding revenue wave after HFF acquisition

Glenn Tolchin and Yoav Oelsner (Credit: Jll; Getty Images)

Former JLL brokers launch boutique sales firm

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

Clockwise from left: 168-170 Wythe Avenue, 115 North 6th Street and 129-133 Kent Avenue with L3 Capital's Domenic Lanni (Credit: Google Maps)

L3’s Williamsburg retail properties snag $91M refi

Warner Media CEO John Stankey, Google CEO Sundar Pichai and Facebook CEO mark zuckerberg (Credit: Getty Images, iStock)

Triple-digit office rents, once a rarity, are now a major piece of Manhattan deals

Donald Trump and the Trump Hotel in Washington D.C. (Credit: Getty Images)

Deadline is set for bids on Trump’s DC hotel