StockNews.AI
CWK
StockNews.AI
186 days

Todd Savage Joins Cushman & Wakefield as Executive Managing Director of Office Investment Sales in Dallas

1. Todd Savage joins Cushman & Wakefield as Executive Managing Director. 2. He will focus on office investment sales in Dallas-Fort Worth. 3. Savage has over 24 years of industry experience and strong credentials. 4. Cushman & Wakefield aims to increase share in Texas office market. 5. The firm reported $9.5 billion revenue in 2023 across services.

27m saved
Insight
Article

FAQ

Why Bullish?

Savage's expertise can enhance CWK's market position and sales capabilities.

How important is it?

Savage's appointment is crucial for CWK's growth in a key market, influencing future deals.

Why Long Term?

His role will contribute to sustained growth in Texas over time.

Related Companies

Todd Savage Joins Cushman & Wakefield as Executive Managing Director of Office Investment Sales in Dallas

Savage will work across the Dallas-Fort Worth market and Texas, serving institutional investors and their office capital markets requirements

Todd Savage (Photo: Business Wire)

DALLAS--( )--Cushman & Wakefield is pleased to announce that Todd Savage, a veteran real estate professional with over two decades of experience, has joined the firm as Executive Managing Director of Office Investment Sales. Based in Dallas, Savage will represent institutional office investors in Dallas-Fort Worth and focus on expanding investment sales across Texas.

“I’m thrilled to join Cushman & Wakefield and help increase our market share of office investment sales,” Savage said. “The firm’s vision and extremely talented advisory platform align perfectly with my passion for driving strategic growth and delivering exceptional service to institutional clients here in the Dallas-Fort Worth region and across the state.”

Added Chris Hipps, Cushman & Wakefield Texas Managing Principal, “The growth in Texas that continues to fuel the office market, combined with a more stable capital markets environment, creates a timely opportunity to advise and work with investment capital targeting the state. I am confident that Todd can capitalize on this opportunity and provide invaluable advice to investors.”

Added Miles Treaster, Cushman & Wakefield President, Americas Capital Markets, “Todd’s addition demonstrates our commitment to growing our institutional capital markets platform with the right expertise. He brings to Cushman & Wakefield a proven track record of exceptional advisory services for the industry’s leading investors. What’s more, he’s integral to our broader growth plans both in the office sector and across Americas capital markets.”

Savage joins Cushman & Wakefield from JLL, where he was Senior Managing Director. He joined JLL as part of the HFF acquisition and has more than 24 years of experience in commercial real estate finance and property advisory, with involvement in more than $23 billion in commercial real estate transactions. He has worked on numerous investment sales, sale/leasebacks and joint venture arrangements representing institutional and corporate clients in the southwestern United States. He is a graduate of the University of Texas and earned a MBA from Southern Methodist University. Additionally, he is a NAIOP Board Member and serves on ULI’s North Texas Industrial/Office Product Council and The Real Estate Council.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

Contacts

Bailey Webb
bailey.webb@cushwake.com

Related News