WASHINGTON, DC-Recognizing the continued strong interest of investors in the Washington, DC area market, Parsippany, NJ-based real estate brokerage firm Coldwell Banker Commercial’s new local affiliate, Coldwell Banker Commercial Capitol Realty Services, has taken a crucial step in advancing its presence in the area with the addition of industry heavy-hitter Michael Paukstitus to its team. He brings with him a quarter-century of experience in the business, having previously operated his own consulting practice, and having held leadership roles at the Prudential Realty Group–where he oversaw a $2.3 billion debt and equity portfolio–and First Winthrop Corp. In his new role as principal and senior vice president at CBC Capitol, Paukstitus will advise domestic and international real estate investors on acquisitions and dispositions.

“The Washington, DC Metropolitan commercial office market is one of the most vibrant markets in the world,” Paukstitus tells GlobeSt.com. “However, many buyers are having extreme difficulty in finding opportunities, and some sellers are overlooking the opportunity for maximum value from their assets.”

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