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C&W Loses Another Leading Executive

DALLAS-Steve Everbach has departed Cushman and Wakefield of Texas as asset director, heading to Lazarus Property as COO. It's a chance, says Everbach, to be a principal. C&W executives focus on the upside.

By Connie Gore | Updated on March 16, 2001

DALLAS-Another main player has jumped ship from Cushman & Wakefield of Texas Inc. This time, it’s Steve Everbach who’s been hired as COO for Sam Ware’s Lazarus Property Corp.

For the past four years, Everbach has been C&W’s managing director of asset services, leading a 100-employee division. Everbach’s start with Lazarus, an owner-investor in the market, is coupled with plans for an overhaul of 1505 Elm St., a 16-story, 171,000-sf office property into a high-end condo project in the CBD’s heart. Lazarus has just bought the property and an abutting five-story parking garage from the Greater Dallas Chamber of Commerce. C&W holds the leasing and management pact for the building and will continue to do so, according to corporate statements.

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