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Cushman & Wakefield Reloads in Boston, Brings in Team from Eastdil Secured to Revamp Capital Markets Platform

Peter Joseph, Brian Barnett and Steffen Panzone Join Investment Sales Practice Depleted by Last Year's Mass Departure to NGKF
March 29, 2016
Peter Joseph, who founded Eastdil Secured Boston, is one of three to transition to Cushman  & Wakefield's capital markets group.
Peter Joseph, who founded Eastdil Secured Boston, is one of three to transition to Cushman & Wakefield's capital markets group.
Cushman & Wakefield has recruited a team from Eastdil Secured to revamp a capital markets platform hit hard by the departure last September of several key members to rival Newmark Grubb Knight Frank following the firm's $2 billion merger with DTZ.

Peter Joseph, a 30-year industry veteran who founded Eastdil Secured Boston in 2007 and served as its co-manager, will oversee Cushman & Wakefield's national capital markets platform of office, multifamily, retail and industrial real estate as vice chairman.

Also joining C&W from Eastdil are new managing directors Brian Barnett and Steffen Panzone. Last November, the trio was behind The Blackstone Group's $1.3 billion disposition of 500 Boylston St. and 222 Berkeley St. in the Back Bay, the largest office sale in the Boston market last year.

"This is a great team that continues to build our platform in the Northeast and nationally, with an exceptional track record of successful transactions and satisfied clients," said Noble Carpenter, President Capital Markets, Americas for Cushman & Wakefield. "This adds to our work of building a capital solutions platform, while providing local market expertise and product specialties to better serve our clients."

The hiring of Joseph, Barnett and Panzone at Cushman & Wakefield follows the departure of Rob Griffin and his top investment sales team in New England to NGKF late last year.



Trio joins Cushman & Wakefield from Eastdil Secured (from left to right) Steffen Panzone, Brian Barnett and Peter Joseph.
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