Cushman & Wakefield Tops in New Jersey Real Estate
Three from Cushman & Wakefield - Donnelly, Merin and Medina - Named to NJ Biz "Top 50" List and Among Most Powerful in N.J. Real Estate.
- Newark, NJ (1888PressRelease) October 15, 2010 - Three Cushman & Wakefield executives made the "NJBiz" inaugural ranking of the 50 most powerful people in New Jersey real estate, published in September as part of the business publication's "2010 Real Estate Report." The commercial real estate services firm had more executives named to the list than any other firm.
The Cushman & Wakefield honorees include leasing specialist Robert Donnelly Sr., vice chairman, of Flanders, N.J.; investment sales broker Andrew J. Merin, vice chairman, of Fort Lee, N.J.; and Gualberto "Gil" Medina, New Jersey executive managing director, of Little Falls, N.J. According to NJBiz, "the [Top 50] list outlines the leaders with greatest influence in the industry - the people with the cash, connections and chutzpah to be moving forward in a slow economy."
Robert J. Donnelly, Sr.:
• Throughout his 30 years with Cushman & Wakefield, Donnelly consistently has performed among the firm's top office brokers globally, and he has ranked as its leading New Jersey office leasing professional for more than a decade. He serves as account executive for AT&T, Alcatel-Lucent Technologies and General Electric, among other Fortune 500 organizations. To date in 2010, Donnelly's team has completed over 4 million square feet in office transactions. This includes advising AT&T in the renewal of its 1.8 million-square-foot national research facility lease in Middletown, N.J. He also was instrumental in BASF Corporation's 325,000-square-foot, build-to-suit North American headquarters lease in Florham Park.
Andrew J. Merin:
• Merin heads Cushman & Wakefield's Metropolitan Area Capital Markets Group, which he co-founded in 1987. This investment sales team has closed more than 306 transactions amounting to $13.7 billion - including nearly 55 million square feet of office space; 7 million square feet of retail space; 21 million square feet of industrial space; and 35 multi-family properties. Merin consistently performs among the top 2 percent of all Cushman & Wakefield brokers nationwide. While the general economy has continued to struggle, his team has persevered as a major dealmaking presence. Merin currently has in the market (or under contract) seven multifamily complexes totaling more than 1,800 units. To date in 2010, he has closed 11 sales valued at nearly $200 million.
Gualberto "Gil" Medina:
• Medina maintains responsibility for operations at Cushman & Wakefield's three New Jersey offices. His experience, relationships and vision have led the company forward as a team of professionals who understand both the business world and the business of real estate. Medina is well known for his extensive government experience with the state of New Jersey. Medina believes that he and his firm have an obligation to serve as catalysts for enhancing the state's business and economic environments. To that end, he has fostered the Cushman & Wakefield's involvement in dozens of key organizations and initiatives statewide.
"Bob, Andy and Gil comprise a powerful triumvirate - as a leasing broker behind New Jersey's most significant transactions, a sales broker behind the region's largest property trades and a manager with political background at the state level," said Joseph Harbert, Cushman & Wakefield's chief operating officer. "They position Cushman & Wakefield unlike any other firm in New Jersey and are among the keys to our continued dominance in that market. As leaders, they continue to push our company forward as an organization known for benchmarking the highest quality service, loyalty to our clients and business advocacy."
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