Sunday, October 17, 2010

Trammell Crow executives join Cushman & Wakefield - Atlanta Business Chronicle:

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Mann and Zivalich joined Trammell Crow in 2005 aftert successful careers at The partners have worked witha cross-section of large Atlanta businessese including Georgia Tech, of Georgia, Siemens AG, , and . Mann said the pair talkefd seriously with four firms beforew choosingCushman & Wakefield. He cited the brokerage's reputation, professionalism and service platformn as key drivers ofthe decision. Abovse all, he said, he and Zivalicy perform a "strategic advisory" role for clients, and "Cushman Wakefield has tremendous support for that kindof "I couldn't be more said Mike Elting, head of the Southeast region for Cushmab & Wakefield.
"In all my conversations with [Mann and Zivalich] ... it was alway s about serving the clients and the comprehensive Just months after purchasing the has sold a majority interestr in to Norwegian investors in a deal that valuedsthe 558,000-square-foot building at abourt $400 per square foot. The deal comes as the New York-basec real estate giant is gettinyg ready to beginthe 485,000-square-foot . The building is scheduledr to deliver inearly 2009. Tishmanm Speyer had no comment. The New York-based firm enteres the Atlanta market in Octobet with its purchaseof Trizec's 3.5 million-square-foot Atlanta portfolio.
Tishman Speyer is said to have paidaboutt $675 million, or a little less than $200 a squar foot, for the entire portfolio. Lara Hodgson has resignede as chief operating officer of Hodgson joined Dewberryt Capitalin 2001. Firm namesake John Dewberry recently handedover day-to-day operations of the real estate development naming Satish Lathi president. Dewberry remains chairmanj and CEO. In Dewberry Capital broke grounds ona 20,000-square-foot retail building at its Uptowh site, in front of One Peachtree Insurance giant Travelers (NYSE: TRV) is evaluating whether to consolidate its four Atlantaa offices into a single location with 180,000 to 200,000 square feet. The St. Minn.
-based Travelers has about 800 employees in Atlantq and maintains its two largest offices in Alpharetta and saidMike Walling, regional vice president with Travelers. 's Bob Ageloff out of New York and Duncahn Gibbs of Atlanta are advising Travelers in itsspacre evaluation.

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