Cushman & Wakefield Promotes Robert Donnelly, Jr. to Director

Middle-Market Focus Contributes to Leading Investment Sales Team’s Success

EAST RUTHERFORD, NJ (PRWEB) September 27, 2006 -- Cushman & Wakefield, Inc. has promoted Robert Donnelly, Jr., CCIM, to the position of director in its Metropolitan Area Capital Markets Group, announced Gualberto “Gil” Medina, executive managing director of Cushman & Wakefield’s New Jersey operations. Based in the firm’s East Rutherford, N.J., office, the group specializes exclusively in real estate sales, joint ventures and financing.

After working as a leasing and sales broker in Cushman & Wakefield’s Parsippany office for two years, Donnelly, of Allamuchy, N.J., joined the Metropolitan Area Capital Markets Group in early 2004 and immediately carved a niche that has expanded the team’s activity notably. He established and continues to head the team’s middle-market activity involving deals under $15 million. To date, his leadership has been instrumental in closing nine such transactions valued at nearly $75 million, and he currently is marketing four additional properties.

In addition to his middle-market involvement, Donnelly has been instrumental in some of the state’s largest recent investment sales transactions. He was a member of the brokerage team that orchestrated Pfizer’s sale of the 1.3 million-square-foot former AT&T World Headquarters facility in Basking Ridge, N.J., to Verizon in 2005. That transaction earned the prestigious NJ-NAIOP “Economic Impact Deal of the Year Award.” This year, he also was involved in the sale of BASF’s former corporate headquarters at 3000 Continental Drive North in Mount Olive, N.J., to BPG Properties.

During the past decade, the Metropolitan Area Capital Markets Group has completed more than $11 billion worth of transactions concentrated in northern New Jersey; Fairfield County, Conn.; and Long Island and Westchester County, N.Y. For the past three years, this included more than $1.5 billion in transactions annually, reaching $2.5 billion in 2005.

“Our Metropolitan Area Capital Markets Group is one of the largest and most successful real estate investment sales teams in the tri-state area,” Medina said. “Within that context, Rob deeply understands his clients’ real estate needs and has a great track record of building strong relationships and accomplishing goals. This quickly has established him as one of the industry’s up-and-coming leaders, and I congratulate him on this well-earned promotion."

Prior to joining Cushman & Wakefield, Donnelly was involved in finance and financial services in many capacities, including brokerage and trading, software, and research. He earned a bachelor’s degree in Business Administration – Marketing, with a minor in Computer Science, from Appalachian State University in North Carolina. He is a certified member of the CCIM Institute and is involved in a number of industry organizations, including the Young Professionals group of the National Association of Office and Industrial Properties, Urban Land Institute and CORENET.

Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 195 offices in 55 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.

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