JLL lures more top Cushman brokers

Bob Knakal joined earlier this month

TRD New York /
Sep.September 20, 2018 06:40 PM

From left: Brendan Maddigan, Winfield Clifford, and Stephen Palmese (Credit: Twitter, LinkedIn, and YouTube)

JLL has lured more top-producers from Cushman & Wakefield following the departure of Bob Knakal.

Stephen Palmese, Brendan Maddigan, Winfield Clifford and others are jumping ship, Crain’s reported. Knakal, whose new title at JLL is chairman of investment sales, was let go from Cushman in June, just before his contract was set to expire.

Three years ago, Knakal and former partner Paul Massey sold their firm for $100 million to Cushman. Now, almost all the top-producing salespeople from Massey Knakal — who went over to Cushman in the acquisition — have left.

Massey left earlier this year to form a new brokerage, B6 Real estate Advisors. Earlier this month, Tom Donovan, vice chairman at Cushman’s capital markets group, joined B6 as a partner and vice chairman. Other Massey Knakal and Cushman veterans have also joined B6, including David Chase, DJ Johnston, Neil Heilberg and Michael Wlody. [Crain’s] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
A mass timber project in Cleveland is now under construction and could be the nation’s tallest when completed. Harbor Bay Real Estate Advisors’ Intro development will rise nine stories with 298 residential units (Credit: Harbor Bay Real Estate Advisors)

Mass timber project in Cleveland could be nation’s tallest

Mass timber project in Cleveland could be nation’s tallest
Joy Construction’s Eli Weiss (left), Maddd Equities’ Jorge Madruga (top), and Drew Katz (right) with 20 Bruckner Boulevard in the Bronx (Getty; Google Maps)

“Dream” comes true for long-vacant Bronx ice house

“Dream” comes true for long-vacant Bronx ice house
“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space

“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space

“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
470 Kent Avenue and Naftali Group’s Miki Naftali (Credit: Google Maps, Gonzalo Marroquin/Patrick McMullan via Getty Images)

Naftali closes on large Williamsburg development site for $100M

Naftali closes on large Williamsburg development site for $100M
Photo illustration of Sen. Brian Kavanagh (Credit: Kavanagh by Albin Lohr-Jones/Pacific Press/LightRocket, Getty Images, iStock)

Lawmakers skip #CancelRent in favor of more modest bills

Lawmakers skip #CancelRent in favor of more modest bills
The process for challenging property assessments is so antiquated, officials won’t do Zoom meetings. (iStock)

“A recipe for disaster”: Fighting property taxes in a pandemic

“A recipe for disaster”: Fighting property taxes in a pandemic
Rich Barton, Howard Lorber, Jay Hennick, Brett White

Real estate firms are raising billions in debt and equity. Here’s why

Real estate firms are raising billions in debt and equity. Here’s why
Andrew Florance, CEO of CoStar (Photo by Jeffrey MacMillan for the Washington Post)

EXCLUSIVE: CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts

EXCLUSIVE: CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts
arrow_forward_ios

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

Loading...