The commercial broker shakeup in Los Angeles is going strong. In the latest chapter, Todd Tydlaska has returned to CBRE after leaving for HFF just last spring, The Real Deal has learned.
Tydlaska will fill part of the hole left by powerbroker Kevin Shannon, who shocked the industry when he left in January for Newmark Grubb Knight Frank — bringing 13 team members with him. Tydlaska is not a direct replacement for the former vice chairman, however, and will fill a lower role as executive vice president.
Tydlaska will focus on institutional office investment sales throughout the West Coast with particular focus on the Los Angeles and Seattle markets, according to a statement from CBRE.
He will partner with Sean Sullivan, currently an executive vice president in CBRE’s San Francisco office. Both Tydlaska and Sullivan will work out of the real estate giant’s El Segundo office, where they will partner with Mike Longo, according to CBRE. Mike Longo is the only remaining member of Shannon’s former team.
It’s unclear whether or not CBRE is seeking a direct replacement for Shannon.
The third time may be the charm for Tydlaska. This is his second time coming back around to CBRE after jumping to another brokerage. The first time, it was a two-year stint at Eastdil Secured. Then he returned to CBRE to work under Shannon until leaving for HFF last year.
HFF and Tydlaska could not be reached for comment.