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
Nearly half of new shops in 2021 will be dollar stores. (Getty)
2021 is raining dollar stores
2021 is raining dollar stores
National chains and mom-and-pop stores are seeing increasing sales per square foot and shrinking occupancy costs (Getty)
National chains paid 93% of rent in April
National chains paid 93% of rent in April
(RIPCO, iStock)
Target, Five Below, Smashburger open in new Brooklyn shopping center
Target, Five Below, Smashburger open in new Brooklyn shopping center
Close to 80 hotels with more than 13,000 rooms plan to open in 2021. (iStock)
Big year seen for hotel openings, despite few visitors
Big year seen for hotel openings, despite few visitors
Savanna’s Christopher Schlank and Nicholas Bienstock with a rendering of 141 Willoughby Street (Savanna; SLCE Architects; Fogarty Finger Architects)
Savanna nabs $264M loan for Downtown Brooklyn office project
Savanna nabs $264M loan for Downtown Brooklyn office project
Blackstone president Jon Gray and the Blackstone headquarters at 345 Park Avenue in NYC (Getty, Google Maps)
Blackstone sets office return for some vaccinated staffers
Blackstone sets office return for some vaccinated staffers
Slate Property Group's Martin Nussbaum and a rendering of the project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Watch TRD Brand Studio’s first-ever webinar on the new office normal
Optimizing the office: TRD Brand Studio webinar on the new workplace normal
Optimizing the office: TRD Brand Studio webinar on the new workplace normal
arrow_forward_ios

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

Loading...