Firm Intelligence·institutional

Cushman & Wakefield

Executives9

Quotes24

ActivityMar 5 – Apr 8

Investment Philosophy

Limited supply is leading to a lot of demand, which is parlaying into new retail development projects being built. We are continuing to see capital attracted to vintaged value-add communities where yields have been outsized and acquisition basis is compelling. Quality industrial space with strong loading and immediate highway access continues to be highly sought after for tenants that need to be close to JFK.

Strategic Direction

Cushman & Wakefield is actively facilitating large-scale multifamily transactions and refinancings in high-demand urban markets like New York City and Jersey City.

The firm emphasizes opportunities in supply-constrained sectors such as retail and industrial, leveraging local market knowledge for deals in mixed-use and development projects.

International presence is highlighted through leadership in Greater China and Hong Kong brokerage rankings.

Contrarian View

Bullish on CRE fundamentals and rate easing despite fragile inflation expectations and geopolitical risks.

Sector Positioning

Multifamily

bullish

Arranged $136M loan for Modera Lofts refinancing; capital attracted to value-add communities; $2.7B NYC sale at 5.8% cap.

Retail

bullish

Limited supply driving demand and new development projects.

Industrial

bullish

Quality space with highway access highly sought after near JFK; efficient servicing for airport and distribution needs.

Key Executives

Michelle MacKay

CEO

First female CEO of Cushman & Wakefield. Leading the firm's strategic transformation amid CRE market dislocation.

Helen Paul

Broker

Kevin Thorpe

Chief Economist

Cushman's chief economist providing research on global office markets, hybrid work impacts, and CRE capital flows.

Ali Greenwood

Executive Director

Jason Price

Americas head of logistics & industrial research

Sarah Pettigrew

Analyst

Nick Meoli

Vice Chair

John Alascio

Cushman & Wakefield

Notable Quotes

Sarah Pettigrew

Cushman & Wakefield

“Nashville's office market has shown remarkable resilience, with nearly 90% of new office space expected to be absorbed by the end of 2026.”

office market resiliencespace absorption

Ali Greenwood

Cushman & Wakefield

“We build them, we operate them and run them, these very mission-critical facilities.”

Tier 2

Helen Paul

Cushman & Wakefield

“Paulson believes inflation remains above target at 2.8%, and while long-term expectations align with 2%, these may be fragile due to risks like Middle East conflicts.”

inflationeconomic risks

Helen Paul

Cushman & Wakefield

“Weakening fundamentals may soon force the Federal Reserve to ease monetary policy by lowering interest rates.”

monetary policyinterest ratesCRE fundamentals

Key Themes

Multifamily Refinancing
Retail Development
Industrial Logistics
Mixed-Use Transactions
Waterfront Development

Market Views

New York City

bullish

$2.7B multifamily sale at 5.8% cap; wealthy individuals moving from dense cities like NYC; close to JFK for industrial.

Jersey City

bullish

$136M loan for Modera Lofts in supply-constrained Powerhouse Arts District; premier institutional-quality asset.

Topics Discussed

Transactions(4)Investment Returns(2)Leasing & Occupancy(2)Development(2)office market resiliencespace absorptioninflationeconomic risksmonetary policyinterest rates

Deal Network

Network building — connections appear as more deals are tracked

Sentiment Trajectory

Mar 15

Mar 22

Mar 29

Bullish Bearish Cautious Neutral

Activity Snapshots

Mar 1

deals

Apr 1

deals

End of Firm Intelligence · 24 Quotes · 9 Executives