Jim Sullivan Sullivan: “The scenario I worry about is rising interest rates without economic growth. That’s a tough scenario for real estate or any capital-intensive business.”

NEWPORT BEACH, CA—The public market is a bit more concerned about rising interest rates and what might be happening to fundamentals in gateway markets like New York and San Francisco than the private market is, Green Street Advisors’ president of advisory and consulting Jim Sullivan tells GlobeSt.com. Sullivan, a 22-year veteran of the firm, was one of two key members of the its executive team to be promoted recently, following his leadership and contributions as managing director of Green Street’s Advisory Group since 2014.