CBRE’s Marcella Fasulo joins Harmon, Spies’ team at Cushman

She served under Darcy Stacom since 2009, most recently as senior VP

TRD New York /
Nov.November 01, 2016 02:15 PM
From left: Marcella Fasulo, Doug Harmon and Darcy Stacom

From left: Marcella Fasulo, Doug Harmon and Darcy Stacom

He may be at Cushman & Wakefield now, but Doug Harmon’s rivalry with CBRE’s Darcy Stacom is showing no signs of cooling off.

CBRE’s Marcella Fasulo has joined the new New York capital markets team at Cushman & Wakefield recently formed by Harmon and partner Adam Spies, a Cushman spokesperson confirmed. Fasulo served as senior vice president at CBRE under Stacom, who runs that brokerage’s investment sales operation with Bill Shanahan.

As the star brokers at Eastdil Secured TRData LogoTINY, Spies and Harmon for years went head-to-head with Stacom and Shanahan to claim the top spot in New York City investment sales. The gap between Eastdil and CBRE in that category has increasingly widened, with the former brokering $22.7 billion in deals in 2016 and the latter handling $8.8 billion, according to an analysis by The Real Deal.

Harmon and Spies  joined Cushman as chairmen of capital markets on Oct. 6, and subsequently brought their colleagues Adam Doneger, Kevin Donner and Joshua King along as senior managing directors. Fasulo is now a member of that six-person team, also as a senior managing director. Sources earlier this month told TRD that brokers at Cushman are being advised to bring Harmon and Spies on all investment sales deals $75 million and up, in exchange for a referral fee.

In a statement provided to TRD, Fasulo cited Cushman’s global reach as a key reason for her move.

In 2005, Fasulo joined CBRE as a business development analyst focusing on research. She left to become an associate broker at Savills in 2007, but ultimately returned to CBRE in 2009 as a broker and vice president on Stacom’s team. She specializes in sourcing foreign capital for New  York investment deals. Fasulo is married to Dan Fasulo, senior vice president of real estate product at DMG Information and formerly Real Capital Analytics’ head of research.

Earlier this year, Fasulo and Stacom brokered French billionaire Marc Ladreit de Lacharrière’s $525 million purchase of Thor Equities’ office-and-retail building at 693 Fifth Avenue in Midtown.

A representative for CBRE declined to comment.

Related Articles

The Coca-Cola building at 711 5th Avenue (Credit: Google Maps and iStock)

Flipped off: The inside story of Coca-Cola’s botched building sale

Vineyard Vines HQ sold in Stamford, Avon inks Rye deal & more Westchester and Fairfield real estate news

Real estate tech investor Fifth Wall launches $500M fund

New heights for Everest as insurer inks North Jersey’s largest lease deal of 2019

This Westchester development site just hit the market seeking nearly $30M

Somerville moves forward with 31-acre transit village, Woodcliff Lake office property sold for $36M & more North Jersey real estate news

Steel Haus at 41-32 27th Street in Long Island City

Brand new Long Island City rental tower in Opportunity Zone tower hits the market

American Dream in East Rutherford finds a sponsor, Frank Lloyd Wright-designed home lists in Glen Ridge & more North Jersey real estate news