Cushman won’t poach other Eastdil brokers — at least for now

Wells Fargo warned brokerage against any further recruiting, citing signed agreements: report

From the Los Angeles website: After Cushman & Wakefield poached New York power brokers Douglas Harmon and Adam Spies from Eastdil Secured last month, there were rumors Cushman would use Eastdil’s offices around the country as its hiring ground. But, according to REAlert, warnings from Eastdil’s parent company Wells Fargo may have halted those plans.

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After Wells approached him, Cushman CEO Brett White agreed to avoid recruiting from Eastdil for a year-long period, sources told REAlert. The sources said Wells’ warning was connected to agreements that Spies and Donner signed at Eastdil, limiting their ability to recruit other Wells employees or solicit Wells clients for a period of one year. [more]