NEW YORK CITY—Another broker has jumped ship from Cushman & Wakefield; this time from the retail practice.
Robert Gibson, most recently a vice chairman with Cushman, has joined JLL as vice chairman of New York retail brokerage. He has been charged with leading the expansion of the firm’s retail platform in Manhattan. That task will involve growing retail tenant and agency leasing here, as well as staffing up to grow JLL’s retail practice.
“It’s a blank slate and JLL has given me the opportuntiy to grow and build this business,” Gibson tells GlobeSt.com in this UPDATE. “There’s untapped potential here.” In his day and a half on the job, Gibson already has begun interviewing brokerage candidates to bring onboard and notes that, “the phones are ringing.” However, he has no plans to poach staff from his previous employer. “I wouldn’t do that to Cushman.”
Gibson has more than 26 years of retail leasing experience in New York and nationally. In 2012, he was named Cushman & Wakefield’s Top Overall Producer Award, a distinction that recognizes performance across all service lines.
“Bob is a highly successful retail leasing expert with deep experience in New York City and throughout the United States,” says Peter Riguardi, president of JLL’s New York tri-state operations. “His knowledge of New York’s retail market and established relationships within the retail community will enable us to significantly enhance our existing retail service platform.”
Adds Stephen Schlegel, market director of JLL’s New York tri-state region, “The addition of Gibson to our existing retail practice creates a robust platform for new and existing JLL clients, and it rounds out the expansion of JLL’s New York office to provide complete services across all business lines.”
The New York Post is reporting that Gibson left after being offered an extremely healthy signing bonus by JLL. He declined to comment to GlobeSt.com.
The move comes after a series of recent defections from Cushman. Just last month, long time C&W broker Joseph Cabrera left to join Colliers International, taking a team of four brokers with him. That followed the departure last fall of a team of brokers—including Andrew Peretz, Andrew Sachs and Timothy Gibson—who went to Newmark Grubb Knight Frank.
Despite the moves, Cushman officials say there’s no sentiment of discontent among the rank and file and that the firm is moving full steam ahead.
“There is no concern that the talent here is anything but loyal, and we’re driving the platform forward,” C&W tri-state president Ron Lo Russo tells GlobeSt.com. “If you look at the brokers and clients of our retail practice, any shop would want to trade with us. We have the strongest retail platform in the country.”