|The investment sales team of Mary Sullivan and John Jugl have moved to HFF.|
In a major coup for its Colorado operation, HFF has recruited a seven-person capital markets team led by veteran investment sales brokers Mary Sullivan and John Jugl to its Denver office. The team was formerly with Jones Lang LaSalle.
"Sullivan and Jugl are one of the most highly respected and successful teams in the Denver market," said Jody Thornton, executive managing director in HFF’s Dallas office and member of the firm’s executive committee in a statement announcing the new hires.
Eric Tupler, senior managing director and office head of HFF’s Denver office, said the addition of the team provides the firm with local specialists for all investment sales product types -- multifamily, office, retail, and industrial -- to work alongside its debt placement, equity placement and loan sales specialists.
"We continue to seek additional production specialists in all disciplines," he added.
Sullivan joins HFF as a senior managing director. Over the course of her 30+ year career, she has worked for nearly all the major firms in Denver, including stints at CBRE, Cushman & Wakefield and Trammell Crow Co., in addition to JLL, where she first teamed with Jugl two years ago.
Sullivan has been involved in the sale of nearly 40 million square feet valued at more than $7.5 billion throughout the United States. She is on the board of directors of BBVA Compass Bank, and serves as a board member of the University of Colorado Real Estate Foundation.
Jugl was named a senior managing director at HFF. He brings a varied real estate and investment banking background to HFF, having worked previously at Liberty-Greenfield, LLLP and George K. Baum & Co. prior to joining Jones Lang LaSalle.
In addition, other team members joining Sullivan and Jugl are two real estate analysts, a junior producer, a graphic designer and an administrative assistant.
The move is the latest salvo in the heated competition for investment sales talent among national brokerage firms.
HFF has been especially aggressive lately in adding staff and promoting personnel into key positions. So far in January HFF announced appointed senior managing director Jim Meisel as co-head of its Washington, D.C. investment sales team working alongside senior managing director Susan Carras, who oversees the debt and structured finance teams. Meisel assumed the role formerly held by Stephen Conley, who will continue in his leadership role of HFF's national office platform from D.C.
In Chicago, HFF hired Christopher Carroll as managing director to focus on debt placement transactions in the Midwestern United States. Most recently Carroll was at Cohen Financial where he led a team of six capital markets professionals.
And in Florida, HFF added former CBRE senior sales associate Marty Busekrus as a director in its Miami office and Zach Nolan as a real estate analyst in its Tampa office.