This week's People of Note includes the following markets: Baltimore, Dallas/Fort Worth, Detroit, Hampton Roads, Los Angeles, New York City, Northern New Jersey, South Florida and Washington, DC.
Stearns Joins Jones Lang LaSalle as SVP
By Kyle Sellers
Deborah Stearns, a respected CRE leader who has been active in Virginia commercial real estate
for 30 years, recently joined the Jones Lang LaSalle team in Hampton Roads as senior vice president. She had been a senior vice president at Harvey Lindsay Commercial Real Estate.
Her experience as a broker and executive includes office property sales and leasing, development, mergers and acquisitions and operational management.
Stearns served as the president of Virginia and Washington, DC, at Advantis Real Estate Services Co. She has been vice chairwoman and a member of the board of commissioners at the Virginia Port Authority since March 2009 and since July 2002 respectively.
Stearns joined Harvey Lindsay in August 2009 after the closing of GVA Advantis, where she served as executive director of GVA’s Norfolk office. In that role, she was in charge of management and business development for the Hampton Roads region. Her involvement with the firm dates back to its heyday as Goodman Segar Hogan, a Norfolk-based brokerage firm.
The move to JLL will reunite Stearns with several former colleagues from GVA Advantis who departed GVA after it closed in 2009 and opened the JLL office, including Charlie Polk, who heads the firm's Richmond/Hampton Roads operations.
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.
NGKF Adds Elliott as Senior Managing Director
By Miles Reliford
The Detroit office of Newmark Grubb Knight Frank hired Scott Elliott as a senior managing director.
Elliott brings more than 30 years of commercial real estate industry experience ranging from corporate real estate portfolio management services, property build-out, leasing, investment sales and site selection.
His most recent position was senior vice president of office brokerage at CBRE. He also served seven years at Trammell Crow Co.
Weitzman Group Appoints New Senior VP
By Shavon Shockley
The Weitzman Group named Marc Marrocco as its new senior vice president of the commercial retail division in the Dallas office. Marrocco's new responsibilities will include general brokerage, leasing and sales.
Prior to joining Weitzman, he was president of Marrocco Enterprises Texas LP, a pad site developer for car washes, convenience stores and small retail centers from 1998 to 2006.
Marrocco received a B.A from the University of Texas at Austin. He is a member of the International Council of Shopping Centers and the North Texas Association of Realtors.
Adler Names New EVP, Senior Director
By Heather Sellers
Adler Realty Services promoted Daniel Heisler, CCIM, CPM (left) to executive vice president and Matthew Bittel (right) to senior director in its Miami office.
Heisler's new responsibilities will include responsibility for sales, leasing and brokerage operations for Adler Realty Services’ Florida market. Bittel will oversee marketing and leasing of the firm's South Florida office, retail, flex and industrial property portfolio totaling more than 1 million square feet.
Since Heisler joined Adler Realty Services, he has closed more than 1,000 real estate transactions and administered several million square feet of tenant construction totaling more than $15 million. To date, Bittel has successfully closed more than 500 transactions with an aggregate leave value in excess of $100 million.
NEW YORK CITY
Brickman Appoints New CIO
By Caitlin Wilson
Steve Klein, former co-founder of JOSS Realty Partners, has been appointed as the chief investment officer of Brickman, a leading private equity firm in New York City.
Klein will be responsible for locating and evaluating investment opportunities in New York City as well as several other major cities across the country. He will work closely with the senior executive team, as well as with the principals of the company, Bruce Brickman and Kathy Corton.
Prior to being co-founder and managing partner at JOSS, Klein spent three years as CIO at Broadway Partners. Before that he served as executive vice president and director of acquisitions at SL Green Realty Corp., closing 11 million square feet of commercial office acquisitions in 30 transactions across New York City.
Corvias Promotes Steiner to Managing Director
By Kathleen McGuire
Corvias Group appointed Michael Steiner managing director of Picerne Military Housing, the firm's military housing division. He will manage the construction, property management and staffing operations of 24,000 units on seven bases.
Steiner joined Corvias Group in 2006 as a program director handling operational activities for 3,000 homes at Fort Meade near Baltimore, MD.
He has more than 25 years of experience in real estate development and property management, six of which were in privatized military housing.
Drummond Joins Cushman as Executive Director
By Ashley McClain
Bart Drummond joined Cushman & Wakefield as an executive director and member of the firm's tenant advisory group. Drummond will support clients throughout the Washington, DC, metropolitan area while based in the company's Tysons Corner, VA, office.
He was previously a managing director with Jones Lang LaSalle and has assisted such firms as Catalyst Health Solutions, Verisign, VMware, United Health Group, KPMG, The Washington Post, MicroTech, Morgan and Lewis & Block, GlaxoSmithKline and Microlink.
Charles Dunn Taps Rogers as Managing Director
By Elizabeth Gosselin
Charles Dunn Co. promoted Blake Rogers to managing director in its West Los Angeles office.
Rogers joined the firm in 2009 and specializes in the sale of multifamily properties and land for development.
He has handled closings of more than 1,500 units and represented an excess of $175 million in apartment communities and development land.
Wood Partners Promotes Siegel to Regional Director
By Jason Weber
Wood Partners promoted Carter Siegel (pictured, left) to the position of regional director of the company's mid-Atlantic region, which currently includes Maryland, Virginia, Pennsylvania, Delaware and Washington, DC.
Siegel, who spent the last seven years as director in the Charlotte office of Wood Partners, will succeed the regional director role from Leonard Wood Jr. who will resign at the end of this month.
Since joining the firm in 2006, Siegel has overseen development and finance responsibilities for new projects in North and South Carolina, Virginia, Tennessee and the Midwest. He has financed more than 2,000 multifamily units with a total capitalization in excess of $300 million.
Scott Zimmerly (right), a director for the Mid-Atlantic region, was also promoted to supervise the entire region and will report to Siegel.
NORTHERN NEW JERSEY
Glickman, Riback, Adinolfi Join Newmark Associates
By Zahra Ghadyali
Adam Glickman, Jody Riback, and Marcelo Adinolfi are joining Newmark Associates’ Cedar Knolls office.
Glickman, now a senior vice president at Newmark, specializes in industrial real estate. During his career as a broker and property owner, he has completed transactions totaling over five million square feet.
Riback, a sales associate, will enhance office and industrial marketing in Morris County and Essex County. She was previously a broker for Breslin Realty in Long Island.
Adinolfi, also a sales associate, brings his vast experiences in the real estate business, medical field, and food and entertainment industries.
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.