Jonathan A. Schein President & CEO Real Estate Media GlobeSt.com

1/9/03: The big news last week was Jones Lang LaSalle’s cutting of 4% of its workforce (300 people). Things are not easy on the corporate advisory/services business these days. Deal flow has certainly slowed, and defining so-called non-essential human assets has become easier. In addition, the rumor mill has been rampant regarding which of the publicly owned services firms will merge. However, instead of looking for the story behind the story, we should look at the story beyond the story. In other words, what will the landscape look like three, five, seven years down the road? As we see more consolidation and additional employee frustration under new corporate structures, the entrepreneur is poised for a comeback. The small shop with four or five top dealmakers will most likely return, building newer brands over time. Think about it: Barnes & Noble was once just a small bookstore in New York and Starbucks was just a coffee shop in Seattle. It’s exciting to think who the new players will be. As we speak, the seeds are being sown.

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Rapp

CB RICHARD ELLIS (NEW YORK CITY) Kenneth D. Rapp and John G. Nugent have been named executive vice presidents of the firm. Rapp, who joined CBRE in 1988, has since closed over 150 lease transactions for over 3.5 million sf, while Nugent has completed 250 lease transactions totaling more than 4.5 million sf since joining in 1985.

 

BBG-BBGM (NEW YORK CITY) The New York office of Brennan Beer Gorman/Architects LLP has named Marie-Paule Petitjean partner, Christian Joiris senior associate and Stephen Luk associate. Brennan Beer Gorman Monk/Interiors promotes Paul Greenwood to senior associate, while Nadia Biski and Richard Tuck have been named associates.

Wilcox

ROCKWOOD REALTY ASSOCIATES INC. (NEW YORK CITY) R. John Wilcox II has been named vice president, Advisory Services Group. Prior to joining Rockwood, Wilcox served as vice president at Ahern & Partners. Alex Luce joins as vice president of Rockwood and serves as an asset manager in Rockwood’s Asset Management Group. Prior to joining the company Luce was an asset manager with ING Real Partners.

Copeland

MITHUN (SEATTLE) Lee Copeland has joined Mithun as a consulting principal, and will aid the firm in expanding education and urban planning projects. The announcement marks Copeland’s departure from Weinstein Copeland Architects, a firm he co-founded in 1993. Copeland and Mithun have collaborated on several projects over the past decade, including London’s proposed new Pacific Northwest Aquarium.

Podos

CRESA PARTNERS (NEW YORK CITY) Richard Podos joins the firm as senior vice president. He most recently served on the management teams of two commercial real estate technology ventures: NetStruxr, an online platform for corporate real estate transactions, and RealtyIQ.com, a national online commercial real estate listings platform.

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