JLL’s Baxter, Cohen and Latham leave for Colliers

Team led JLL to $2.9B in investment sales in 2015

New York /
Dec.December 05, 2016 08:16 AM

UPDATED, Dec. 5, 12:56 p.m.: JLL’s leading investment sales brokerage team of Richard Baxter, Yoron Cohen and Scott Latham is jumping ship to Colliers International, the firm announced Monday.

The move comes two months after Eastdil Secured’s Doug Harmon and Adam Spies, the city’s top brokers by deal volume, left for Cushman & Wakefield.

Colliers TRData LogoTINY has an entrepreneurial culture, an exceptional track record of creating value for clients and a global platform that is second to none,” Latham said in a statement.

Baxter, Cohen, Latham and Jon Caplan joined JLL from Cushman in 2010. Cushman never fully recovered from the loss, and since 2014, has made moves such as the acquisition of Massey Knakal and the hiring of Doug Harmon and Adam Spies to regain market share.

Caplan is planning to leave JLL to pursue other opportunities, possibly as a real estate investor, sources told The Real Deal.

In 2016, the team had a hand in several high-profile deals, including the $1.4 billion sale of the Sony Building to Olayan Group (where Cohen represented the buyer).

In The Real Deal’s latest ranking of investment sales brokerages, JLL ranked fifth with $2.9 billion in deals closed in 2015. Colliers ranked 19th with $527 million in deals. In 2014, JLL had ranked fourth with $2.2 billion in deals.

Colliers has also been ramping up its retail leasing business, bringing on Cushman & Wakefield’s Bradley Mendelson and David A. Green. — Konrad Putzier and Mark Maurer


Related Articles

arrow_forward_ios
Building Engines CEO Tim Curran and JLL CEO Christian Ulbrich (Building Engines, Getty)
JLL buys Building Engines for $300M
JLL buys Building Engines for $300M
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
The total leasing volume was also boosted by mega renewals (Getty)
Manhattan office leasing up 60% in Q3
Manhattan office leasing up 60% in Q3
Flight to quality in office real estate leaves trophy buildings the only winners
Flight to quality in office real estate leaves trophy buildings the only winners
Flight to quality in office real estate leaves trophy buildings the only winners
200 Park Avenue and 1301 Sixth Avenue (Postdlf/Wikimedia, Paramount Group)
Midtown Manhattan doubles office leasing in August as rents slide
Midtown Manhattan doubles office leasing in August as rents slide
511 Barry Street and CenterPoint Properties CEO Bob Chapman (CBRE, GI Partners)
CenterPoint buys second warehouse in Hunts Point
CenterPoint buys second warehouse in Hunts Point
JLL CEO Christian Ulbrich and JLL Income Property Trust CEO C. Allan Swaringen (JLL, iStock)
JLL arm buys $560M stake in single-family rental portfolio
JLL arm buys $560M stake in single-family rental portfolio
JLL purchases artificial intelligence startup
JLL purchases artificial intelligence startup
JLL purchases artificial intelligence startup
arrow_forward_ios

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

Loading...