Trammell Crow's Boston-Based Investment Team Jumps Ship

BOSTON-In a move that has shaken up the commercial real estate industry here, an entire team at Trammell Crow has resigned and signed on with rival Cushman & Wakefield. The move is especially significant because the team, the Investment Services Group, is among the top investment teams in this city, selling over $1 billion in assets in each of the last three years.

The team leader, Robert E. Griffin Jr., along with Marci Griffith, Ed Maher Jr. and Christopher Griffin, left along with mid-level brokers and support staff, totaling 14 people. Thomas Collins confirms for GlobeSt.com that Cushman & Wakefield has hired Griffin and his team and adds that it’s a “homecoming” for the brokers. Griffin, Griffith and Maher all worked for Cushman & Wakefield in the early 1990s before moving, as a team, to Fallon Hines O’Connor, which was acquired by Trammell Crow three years ago for $35 million.

According to Collins, “Rob, who leads the team, was thinking about what to do as a group. He approached us.” Griffin will serve as president of Cushman & Wakefield’s New England office. Griffith and Maher will serve as executive directors and Christopher Griffin will be a senior director.