NEW YORK CITY—Cushman & Wakefield has confirmed reports stating that investment sales brokers Doug Harmon and Adam Spies have joined the firm, with both being named chairman, capital markets. The duo—who, according to The Real Deal, represent the top investment sales team in the city—join the firm from Eastdil Secured, where they were senior managing directors.
Joining Harmon and Spies at C&W, also from Eastdil, is Kevin Donner. Formerly a managing director, he has been named an executive managing director at his new firm. Combined, Cushman reports, the three brokers have more than 50 years of high-profile real estate experience, including more than 500 major transactions covering all major asset types, with a combined transaction value of more than $200 billion dollars.
More specifically, The Deal reports, Harmon—who has been with Eastdil for more than two decades, led Eastdil to an industry-dominating $22.7 billion in revenue across 56 sales last year. That's a per-deal average of $405 million—three times more than the firm's closest rival.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
