LOS ANGELES, CA-Stephen Walbridge has rejoined Studley as an executive vice president. The 29-year industry veteran, who most recently was an EVP with Cushman & Wakefield, will continue representing office space users in Southern California and will work in conjunction with the firm’s Corporate Services Group.
Walbridge, who will be based in the firm’s Downtown and West Los Angeles offices, will also serve as co-regional manager for Southern California and sit on Studley’s board of directors, helping to establish the firm’s long-term strategic goals and direction.
During his career, Walbridge has completed transactions throughout the US totaling more than 14.5 million square feet while developing a client roster of prominent names in corporate America. Transactions he has recently completed include a 250,000-square-foot build-to-suit in San Bernardino, CA, on behalf of Wells Fargo Home Mortgage; an 80,000-square-foot headquarters lease restructure in Downtown Los Angeles on behalf of TelePacific; a 430,000-square-foot lease restructure in Los Angeles on behalf of Harman International; and a variety of requirements on behalf of long time clients Fox and Sony. He is currently representing Wells Fargo on a number of projects, including its 300,000-square-foot Downtown Los Angeles headquarters assignment.
Mitchell S. Steir, chairman and CEO of Studley, commented on Walbridge’s return: “The commitment of an established professional like Steve underscores the strength of Studley’s platform, and his return bolsters an already formidable West Coast team. We’re very happy he has chosen to come home.” At Cushman & Wakefield, in addition to his duties as an EVP, Walbridge was also a founding member of the firm’s tenant representation group. Before that, he ran Lincoln Property Co.-Southern California with responsibility for all investment, operational, leasing and development activities.
Walbridge began his real estate career at Studley in 1980 serving as an intern while studying at UCLA. Upon graduation in 1982, he joined the firm as a broker and remained with Studley for the next 20 years.
Cushman & Wakefield declined to comment on Walbridge’s move.
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