This week's People of Note includes the following markets: Atlanta, East Bay, Las Vegas, San Francisco, South Bay and Washington, DC.
Fern Returns: Barrueta Joins DC Office of Colliers International
By CoStar Research
J. Fernando Barrueta, a local real estate icon whose namesake brokerage firm was one of the most respected and successful in the Washington, DC, region beginning with its founding in 1986 until its acquisition in 1996 by Carey Winston (and eventually Transwestern), has returned to commercial brokerage after being out of the business for over a decade.
Barrueta has joined Colliers International's DC office where he will focus on nonprofit and educational institutions, drawing on his recent role as CEO of the Hispanic College Fund, and his service on boards of other area nonprofits, including the University of the District of Columbia, the Community Foundation of the National Capitol Region, Building Hope and the Washington DC Economic Partnership.
Barrueta’s name is linked to many well-known firms during his career, including Julien J. Studley, Smithy Braedon Cos., Barrueta & Associates, Transwestern Carey Winston and Transwestern Commercial Services. He was a founding member of the Greater Washington Commercial Association of Realtors (GWCAR) and he was named Realtor of the Year in 1991 by the Washington DC Association of Realtors.
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. Follow the news on Twitter [at] LaurieForbes and [at] TheCoStarGroup.
Wasiak Joins Jones Lang LaSalle
By Troy Friedeck
Jones Lang LaSalle hired 21-year industry veteran Xavier Wasiak to serve as the new senior vice president in the firm's Las Vegas office.
With the addition of Wasiak, JLL now employs two senior level executives at the Las Vegas office. Wasiak will specialize in the industrial property type, advising tenants, landlords and investors on all their real estate needs.
Wasiak's extensive real estate expertise includes sales and leasing brokerage, development and land acquisition and disposition. Formerly with Grubb & Ellis, he has been involved in more than 500 industrial sale and lease transactions in southern Nevada, and is an active member of SIOR and NAIOP.
EAST BAY, SOUTH BAY
Cushman Returns to Northern CA Roots as Head of C&W's Silicon Valley Office
By CoStar Research
Cushman & Wakefield has named an executive managing broker in its Manhattan office with extensive international experience to take over as managing broker of its Silicon Valley operations. Jeffrey Cushman will relocate from New York to oversee recruiting, day-to-day activities and strategic growth for C&W in Silicon Valley.
For Cushman, the promotion and transfer is a homecoming of sorts. He oversaw leasing and marketing in Northern California for Tishman Speyer Properties prior to joining Cushman & Wakefield nearly 10 years ago.
After joining C&W in 2003, Cushman directed the firm's business development efforts in Europe for four-and-a-half years before relocating to New York in 2007. He has executed a number of cross-border tenant representation assignments for multinational corporations, including Dell, Prudential, Qualcomm, Wells Fargo, Kimberly Clark, Marsh McLennan Cos. and Gilead Sciences.
Among his notable agency leasing assignments have been One World Trade Center and Rockefeller Center in New York City, Shanghai Tower in Shanghai, Heron Tower in London, and Capital 8 and Crystal Park in Paris.
Moynihan Joins Avison Young in Atlanta
By Finerve Holder
Avison Young boosted its tenant representation service line by naming Sean Moynihan as a principal. Moynihan formerly served as a senior vice president with Grubb & Ellis in Atlanta.
Prior to joining Grubb & Ellis, Moynihan was managing director of Newmark Knight Frank’s Atlanta office (now Newmark Grubb Knight Frank).
Founded in 1978, Avison Young is Canada's largest independently owned commercial real estate services company. Over the past three years, Avison Young has grown from 11 to 32 offices and from 300 to more than 950 real estate professionals across Canada and the U.S.
McGranahan To Head Office Leasing for C&W in San Francisco
By CoStar Research
Cushman & Wakefield promoted Mark McGranahan, an executive vice president in the firm’s San Francisco office, to managing broker of office leasing. He will assume management responsibilities for the firm’s entire San Francisco office leasing division in addition to continuing to provide brokerage services to clients.
McGranahan has consistently ranked among the firm’s top producing brokerage professionals while representing some of the nation’s largest corporations in the Bay area where he has been involved in the leasing of more than four million square feet of space. His accomplishments include multiple leases for Wells Fargo Bank totaling 700,000 square feet, a 300,000 square foot lease for Marsh & McLennan, and various leases totaling 250,000 square feet for O’Melveny & Meyers.
As both an attorney and an accountant, he is one of the founding members of C&W’S Law Firm Advisory Group.
Black Joins Cassidy Turley as SVP
By John Walz
David Black joined Cassidy Turley's Burlingame, CA, office as a senior vice president and partner.
Black will continue his role as a market leader and recognized expert in the San Francisco Peninsula Market he established during his 29 years at CBRE. The veteran broker has participated in more than 7.2 million square feet of transactions with an aggregate value of $900 million. Black's efforts include focusing on the leasing and sales of office, industrial and R&D/life sciences properties.
He has also developed long-term relationships with major landlord and tenant clients, which have led to both local and multi-market assignments throughout the U.S.
Follow the news on Twitter [at] LaurieForbes and [at] TheCoStarGroup. Check out last week's edition of People of Note.