SADDLE BROOK, NJ—CBRE says Thomas Monahan, executive vice president, transaction and advisory services, was the firm's top industrial professional in the Americas for 2017, a first for New Jersey.
Completing more than 50 transactions for an aggregate value of more than half a billion dollars, Monahan, a 30-year veteran of the commercial real estate industry, set a national pace for value creation on behalf of CBRE clients, including a 923,000 square-foot lease in Edison, New Jersey on behalf of Seagis Property Group, and a 718,200 square-foot lease in Perth Amboy, New Jersey on behalf of Bridge Development. Monahan also earned overall top performance honors in New Jersey for the third consecutive year.
“Tom continues to deliver remarkable results for his clients through a combination of deep market expertise, strong strategic leadership, comprehensive financial acumen and a unique ability to identify opportunities ahead of the market,” says Jeff Hipschman, senior managing director, CBRE. “He provides our clients with profound market perspective and strategic counsel. We congratulate Tom on earning the top industrial professional recognition in the Americas for 2017.”
Monahan and his team, which includes Stephen D'Amato, first vice president, Larry Schiffenhaus, vice president, Gerard Monahan, real estate analyst and Anastasia Lazarides, client services specialist, are already off to a strong start in 2018.
Since January, he has represented Murray Construction in its recent 404,000 square-foot lease with Bergen Logistics, and Duke Realty in its 354,250 square-foot lease with 4PX Express USA. On the tenant side of business, Tom and his team represented CEVA Freight in a new long-term 95,640 square-foot lease at an industrial facility in Piscataway, NJ.
Monahan has been recognized year after year by the Society of Industrial and Office Realtors—the industry's leading consortium of industrial and office real estate professionals—as the region's top industrial sales producer.
Monahan holds a BS in Business Management from Seton Hall University and completed the Commercial Investment Management (CCIM) certification from New York University.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
