This week's People of Note includes the following markets: Austin, Chicago, Dallas/Fort Worth, Denver, Houston, Indianapolis, New York City, Salt Lake City, San Antonio and San Francisco.
NEW YORK CITY
C&W Taps Lo Russo to Lead New York Brokerage Operations
By CoStar Research
Cushman & Wakefield has brought in Ronald T. Lo Russo to serve as president of its high profile New York Tri-State regional operation. He previously was a vice president of leasing for the New York office division of Vornado Realty Trust.
At just 38 years of age, Lo Russo becomes a member of the firm’s executive management team in the U.S., reporting directly to Cushman's president and CEO for the Americas, Jim Underhill. Lo Russo's primary responsibility will be to oversee brokerage operations in the firm's nine regional offices throughout New York, New Jersey and Connecticut.
Cushman & Wakefield's former Tri-State president Suzy Reingold was recently promoted to chief operating officer of the New York region. Lo Russo's hiring and Reingold's promotion helps address the departure last year of Joseph Harbert, Cushman & Wakefield's former New York COO, who resigned to move over to the New York office of Colliers International.
Editor's Note: CoStar's People of Note is published each Friday covering the latest commercial real estate executive level promotions and new hires. Click on the headline of each article to jump to full coverage. Send your new executive hires and promotions news to firstname.lastname@example.org. Follow the news on Twitter [at] LaurieForbes and [at] TheCoStarGroup.
AUSTIN, SAN ANTONIO, HOUSTON, DENVER, SALT LAKE CITY
Transwestern Promotes Gaston to SVP, Central Texas
By Laurie Forbes
Transwestern Southwest named Robert Gaston executive vice president of the Central Texas region. He will oversee more than 150 professionals and a 16 million-square-foot commercial real estate portfolio.
The firm recently reorganized its southwest territory, which includes offices in Austin, San Antonio and Corpus Christi, Houston, Denver, New Orleans and Salt Lake City. Gaston will support Kevin Roberts who was promoted last month to president of the seven territories.
Gaston spent the last six years as senior vice president and city leader for Transwestern’s Austin branch. Under his leadership the office grew to more than 8 million square feet of third party commercial property management and leasing.
Gaston is a 24-year industry veteran. Before Transwestern, he worked at Equity Office Properties Trust and Trammell Crow Co.
Nicholson Joins Cassidy Turley as Senior Managing Director
By Laurie Forbes
Cassidy Turley hired John Nicholson as head of its Houston industrial team. Nicholson will serve as a senior managing director.
The senior executive started his commercial real estate career at Grubb & Ellis where he was consistently recognized as a top 100 producer. Nicholson most recently served as a senior vice president at Transwestern.
He is a licensed Texas Real Estate Broker and a member of the Texas Association of Realtors. Nicholson also is a member of SIOR, CoreNet Global and the Council of Supply Chain Management Professionals.
NNNet Advisors Hires New Partner
By Stephanie Ageno
NNNet Advisors named Connie Bradley as a partner in its San Francisco office. She specializes in triple-net leased investments nationwide and has more than 20 years of experience in commercial real estate.
Bradley is a commercial lending specialist. She previously served at Cornish & Carey.
Bradley focuses on single tenant, sale-leasebacks and multi-tenant net lease properties.
Askins Joins Summit Realty Group
By Brandon Dornish
Brian Askins joined Summit Realty Group/Cushman & Wakefield as a senior vice president.
In his new role he will work within the office advisory services group with a focus on tenant representation.
Askins was previously vice president at DTZ, a UGL Co., where he was awarded the national Spencer Sullivan award for excellence in customer service and real estate knowledge.
Mid-America Promotes Graham to Principal
By Bryce Meyers
Mid-America Asset Management Inc. promoted Marget Graham from vice president to principal.
Graham had been with the leasing group since 2000 during which she worked with various institutionally owned properties within greater Chicago.
Cresa Taps Saunders as Managing Principal
By John Walz
Jamie Saunders was appointed a managing principal in Cresa's San Francisco office. He will focus on business development and staff recruitment for the Bay Area team.
The 11-year commercial real estate veteran previously served as a vice president at Jones Lang LaSalle. Saunders started as a sales associate in 2006 for The Staubach Co. prior its acquisition by JLL. He was also a sales associate for NAI BT Commercial.
Marks Joins Trammell Crow as SVP
By Thomas Vayda
Trammell Crow Co. hired Jake Marks as senior vice president within its Dallas-Fort Worth business unit.
Marks will focus on industrial development in the Dallas-Fort Worth area.
Prior to joining Trammell Crow, he worked in the industrial leasing group at CBRE as a first vice president.
Send your new executive hires and promotions announcements to email@example.com. Follow us on Twitter [at] LaurieForbes and [at] TheCoStarGroup. Check out last week's edition of People of Note.