Cushman & Wakefield’s James Nelson heading to Avison Young

Broker's deals included the $238M sale of a Hudson Yards development site

New York /
Jan.January 26, 2018 08:30 AM

James Nelson (Credit:Larry Ford)

Avison Young has poached broker James Nelson from Cushman & Wakefield.

Nelson is a vice chairman at Cushman’s capital markets group and handles investment sales with a team of 11 people. He has brokered deals including the $238 million sale of a Hudson Yards investment site to Tishman Speyer in 2014 and the $80 million sale of Dime Community Bancshares’ Williamsburg portfolio in 2016.

He previously worked as a partner at Massey Knakal and went to Cushman after their $100 million purchase of the company at the end of 2014. He recently received a portion of the $25 million Cushman owed the partners at Massey Knakal in the purchase.

Avison Young had long been targeting Nelson, the Commercial Observer reported. He had been seen around their office at 1166 Avenue of the Americas, and Avison Young president Mitti Liebersohn told a leasing broker team in December that the company was close to getting him.

Avison Young is headquartered in Toronto and opened in New York City in 2011, where it focuses on office leasing. The company recently brokered the $59 million sale of multiple sites along Gold Street in Dumbo and a 13-year lease for the Christine Valmy International School at Manhattan’s famed Paramount Building. [CO] – Eddie Small


Related Articles

arrow_forward_ios
Seth Weissman, John Catsimatidis, Mayor Eric Adams
They said what now? Real estate quotes of the week
They said what now? Real estate quotes of the week
From left: Robert Reffkin and Rupert Murdoch (Getty, Compass)
ChatGPT didn’t write this week’s real estate news roundup, we promise
ChatGPT didn’t write this week’s real estate news roundup, we promise
Seth Weissman, Financing
Urban Standard wants to rescue property owners from high interest rates
Urban Standard wants to rescue property owners from high interest rates
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
Salim Assa with 15 West 55th Street
Troubled Midtown rental saga headed for a foreclosure finale
Troubled Midtown rental saga headed for a foreclosure finale
Atlas Hospitality Brokerage president Alan Reay (Atlas Hospitality Brokerage)
Listen: Inside the looming distress across the hotel market
Listen: Inside the looming distress across the hotel market
Businessman arguing with buildings
The bickering bros: Jemals escalate battle over portfolio
The bickering bros: Jemals escalate battle over portfolio
Vornado Realty Trust chairman Steve Roth and 401 Seventh Avenue (Getty, LoopNet, Vornado Realty Trust)
Vornado eyeing NYC’s casino sweepstakes
Vornado eyeing NYC’s casino sweepstakes
arrow_forward_ios

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

Loading...