"Commercial real estate increasingly requires a global network and we have found an opportune way to expand our reach," says Peter Sabesan, cofounder of Hunter Realty, in a release. Phoenix Asset president Barry Pincus says the alliance with Hunter will enable his company "to provide additional services to our clients."
The alliance between Hunter and Phoenix will operate as the flagship Manhattan office of Coldwell Commercial. Founded in 1997 by Sabesan and Richard Selig, Hunter has worked on office and retail leasing assignments for both tenants, including Allianz Global and American Express, and landlords, including SL Green Realty Corp. Phoenix Asset Management is responsible for more than seven million square feet of commercial real estate nationwide, including the landmark Woolworth Building at 233 Broadway.
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
