The Decade - 11.09.2010
It has been 10 years since the launch of GlobeSt.com, and what a decade it has been. GlobeSt.com emerged during the first technology boom and bust, and endured through the horror of 9/11, followed-by even more setbacks to the real estate industry. However, after those tumultuous first few years, GlobeSt.com reported on the greatest run-up in real estate history, only to see it end six years later with the greatest economic calamity of our time: the "Great Recession", a period that is still redefining the landscape of real estate industry. The decade also witnessed the near demise of news in print, and introduced the iPad which is going to redefine how we report and gather information. Finally, the decade ends with the real estate industry in consolidation. There are fewer, smaller companies, with the need for less people, and systemic changes in how we invest and operate. It's been quite a ride.

Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

Job Opportunities LOCATE A JOB

SPONSORED
SELECTLEADERS
Vice President Client Relations & Business Development – Industrial
(NEW YORK CITY) The vice president will develop, establish, and maintain customer relationships among targeted groups; research and attend appropriate industry conferences, breakfast meetings, national and regional industry groups, promoting company brand at all times; and call on principals among targeted clients to establish and enhance value-added relationships and source new business; among other duties.

COLLIERS INTERNATIONAL
Research Analyst
(PORTLAND, OR) The analyst will track market activity using internal and external resources; provide company and industry research using Internet, on-line, and in-house resources; and collect , maintain and prepare data required for writing quarterly statistical reports; among other duties.

PRUDENTIAL
Investment Analyst
(NEW YORK CITY) The analyst will participate in the preliminary and final underwriting analysis for a variety of commercial real estate debt investments; and assist in the origination, negotiation and structuring of debt investments, including first mortgages, B-notes, mezzanine loans and preferred equity; among other duties.

BP
Property Manager
(NEW YORK CITY) The property manager will be accountable for all retail asset related property matters for BP's portfolio of retail assets in the NY/NJ; managing ground leases; provide real estate support when dealer supply agreements are being; and manage condemnations, notices of violations, property liens, requests for easement, miscellaneous receivables, etc. for the NY/NJ portfolio; among other duties.

IRVINE CO.
Regional Manager
(IRVINE, CA) The regional manager will be responsible for oversight of assets within assigned portfolio; providing motivational leadership to site teams by providing accountability and team building; and conducting market analysis, leasing strategy and leasing oversight; among other duties.

BRECKENRIDGE PROPERTIES
Vice President of Accounting
(AUSTIN, TX) The VP of accounting will direct responsibility for the development and oversight of all accounting functions including the processing and payments of company expenses, and the processing and receipt of all company income; maintain a documented system of accounting policies and procedures; maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures; and take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system; among other duties.

GRUBB & ELLIS
Director of Marketing
(SANTA ANA, CA) The director of marketing will develop, implement and direct strategic marketing programs that support the business unit and company’s planned REIT sales objectives; establish responsible marketing budget(s) to meet the approved objectives; and oversee the development and distribution of effective marketing collateral that is consistent with the strategic communication goals of the company; among other duties.

HERMAN MILLER, INC.
Vice President, Government Sales
(ZEELAND, MI) The VP will provide management and leadership to sales and operational groups responsible for achieving and exceeding revenue, profit and market share growth targets; and effectively create and implement strategic plans to provide sustained competitive advantage and differentiation; among other duties.

Promotions SUBMIT A PROMOTION

No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.

MARCUS & MILLICHAP
(PHOENIX) Marcus & Millichap is promoting Alon Shnitzer to vice president investments. Most recently, Shnitzer was an associate vice presidents investments.

New Hires POST A NEW HIRE

No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.

JONES LANG LASALLE
(CHICAGO) Jones Lang LaSalle is hiring Marc Campbell as senior vice president. Campbell joins Jones Lang LaSalle from Chiquita Brands International, where he served as global director for procurement.

GRUBB & ELLIS CO.
(WASHINGTON, DC) Grubb & Ellis Company is hiring Michael Schwartzman as vice president, office group. Schwartzman joins Grubb & Ellis from Ross Development & Investment, where he was vice president and director of development.

FRANKLIN STREET
(JACKSONVILLE, FL) Franklin Street is hiring Carrie Smith as a senior director in the real estate services division in its recently opened Jacksonville office. She was previously a senior retail specialist with Murphy Land and Retail Services, Inc. in Jacksonville.

COLLIERS INTERNATIONAL
(PHOENIX) Colliers International is hiring Pete O'Neil as senior research analyst.

PRO TEK VALUATION SERVICES
(WALTHAM, MA) Pro Teck is hiring Julia Davey as senior national sales director. Prior to joining Pro Teck, Julia was a national sales executive at LPS, LSI and Hansen Quality.

UGL SERVICES
(NEW YORK CITY) UGL Services is hiring Peter DeCheser as a SVP for global capital markets within the New York City brokerage operation. DeCheser was most recently a managing director of Jones Lang LaSalle’s capital markets group.

INTERSTATE HOTELS & RESORTS
(ARLINGTON, VA) Interstate Hotels & Resorts is hiring Martin A. Reid as executive vice president, development & acquisitions. He joins Interstate from Cheswold Real Estate Investment Management, where he was a founding partner in charge of acquisitions and responsible for investment strategy and management of the firm.

CAMPANELLI COS.
(BRAINTREE, MA) Campanelli Cos. is hiring Mark Carroll as senior director of asset management. Carroll comes to Campanelli from Slate Island Capital, a company which he founded.

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