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

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Illustration by Oivind Hovland)

Why HFF has been muscling out some of JLL’s top producers

JLL CEO Christian Ulbrich (Credit: iStock)

JLL revenue skyrockets after HFF merger

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

WeWork co-CEOs Artie Minson, Sebastian Gunningham and Jones CEO Omri Stern (Credit: LinkedIn)

WeWork is investing again with fundraise for proptech

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