CorporateRestructures
A byproduct of the great recession is the restructuring of howcompanies think about, plan for, and deal with their often massivereal estate positions in the form of leases, owned real estate, anda broad range of facilities services (food, mail, procurement,etc). Historically, corporate real estate was a third-rung costcenter, but that’s all changing, big time. Corporations have becomesharply focused on the extraordinary impact real estate has on thebalance sheet and bottom-line results. Across all industries, CEO’sare getting aggressive about change management and new approachesto what is now recognized as a core element of their business. Atthe same time, M&A activity, such as the Pfizer/Merck merger ,and corporate failures such as Lehman, jettisoned an incrediblearray of talent into the market. This mix of cutbacks andrestructuring, realignment, new directions, excess human capital,and for many of the largest corporations, challenging expansionsthroughout AsiaPac, is creating one of the most dynamic real estatestories in history, and with it, the repositioning and retooling ofcorporate real estate talent, both inside the company and with itsservice providers.

Tony LoPinto is a senior client partner and head ofKorn//Ferry International’s Real Estate Practice and founder ofSelectLeaders. The views expressed in this article are the author’sown.

Job OpportunitiesLOCATE A JOB

CO STARGROUP
Director of BuildingRating Systems
(WASHINGTON, DC) With an in-depth understanding of commercial realestate market property quality and features that differentiate thevalue of property, short term and long term, to renters and owners,the director of building rating systems will become the manager andpoint person in charge of the new CoStar 5 star building ratingsystem. The building rating system will cover all property typesbut focus first on office, then industrial, retail andmultifamily.

WILLIAMS & WILLIAMS
Vice President of AssetManagement
(DALLAS) The firm is seeking a vice president of asset managementthat can re-engineer a scalable customer support and operationsdivision and spearhead business innovation and process improvementthroughout our operational divisions. Candidate must have 10 yearsof operations with an emphasis in process development/processreengineering in an asset management setting.

THE PALMER TEAM
Capital MarketsPartner
(SACRAMENTO) The Palmer Team, an industry leading privatecommercial real estate firm, is seeking a real estate professionalto join its capital markets team. A successful candidate will beresponsible for underwriting, marketing, structuring debt andequity, and the management of client relationships.

SELECTLEADERS
SalesManager
(NEW YORK CITY) SelectLeaders, the leader in online professionaland executive hiring for the commercial real estate industry, hasan immediate need for an e-commerce business to business sales andonline marketing manager. (end of sponsored)

JENSEN & COOPER
Senior Director of Capital Projects
(KIRKLAND, WA) Initial responsibilities for the position willinvolve management of a large international capital constructionproject from inception through completion including landacquisition, facility design, entitlements, and construction.

VOIT REAL ESTATE SERVICES
Director of Property Management/AssetManagement
(NEWPORT BEACH, CA) This position will provide oversight for assetand property management in the company’s five regional offices,responsible for coordinating consistency in processes andreporting. The firm currently has approximately five million squarefeet under management.

GRUBB & ELLIS
Vice President of Internal Audit
(SANTA ANA, CA) The vice president, internal audit, is responsiblefor assessing and monitoring internal controls over the company,including accounting and financial reporting systems, to ensuretheir effective design and operation, and for recommending changesand improvements to internal controls that mitigate risk, improveoperational efficiency, safeguard assets and ensure compliance withlaws, regulations and company policies and procedures.

AMB PROPERTY CORP.
Director, Lease Administration andStatistics
(SAN FRANCISCO) The candidate is responsible and accountable forthe management, operations, training, and growth of the leaseadministration function for a global public real estate company,including managing the activities of a 15-20 member outsourcedlease administration team in India, plus two to three AMB leaseadministrators in the US.

PromotionsSUBMIT A PROMOTION

No more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.

CUSHMAN & WAKEFIELD
(WASHINGTON, DC) Cushman & Wakefield announced that James M.Underhill has been named chief executive officer of the Americas.Underhill, who has been with Cushman & Wakefield for fiveyears, replaces John Santora who was appointed CEO of Cushman &Wakefield’s Client Solutions group in June 2010. Prior to becomingCEO of the Americas, Underhill served as executive vice presidentand area leader for Cushman & Wakefield in the Mid-Atlantic andNew England regions.

CRESAPARTNERS
(MIAMI) Stephen E. Gaunt, executive vice president ofCresaPartners, was recently reappointed to two Florida commercialreal estate boards. At the Realtors Commercial Alliance of theMiami Association of Realtors he is on the Commercial Board ofGovernor for a two-year term. He was also named on the FloridaAssociation of Realtors as a board member representing the MiamiAssociation of Realtors for a one-year term.

New HiresPOST A NEW HIRE

No more than one submission per company will be considered perweek.
Submissions with multiple names will be capped at three forcoverage in Executive Watch.

BRADFORD ALLEN
(CHICAGO) Mustafa Basit has joined the firm as managing director.Basit specializes in tenant advisory services throughout Chicagoand has advised clients in the non-profit, education, engineering,information technology, finance and insurance sectors. Basit mostrecently held the position of managing director with ProTen RealtyGroup.

CASSIDY TURLEY
(NEW YORK CITY) Cassidy Turley, a leading commercial real estateservices provider in the US, announced today that Lisa Huls-Fry hasjoined the company as executive managing director of facilityManagement. She has 25 years of real estate experience, includingher most recent experience of 13 years at Trammell Crow Company andthen CB Richard Ellis when the firms merged.

MERIDIAN DESIGN BUILD
(DEEFIELD, IL) Joe Grimes has joined Meridian Design Build as vicepresident. He worked in the construction department at Opus NorthCorporation in Rosemont for almost 19 years, and has extensiveexperience managing design-build projects from the due diligenceand proposal stage through to facility turnover.

CB RICHARD ELLIS INVESTORS
(LOS ANGELES) CB Richard Ellis Investors, the global real estateinvestment management firm, announced today the appointment of JeanLamothe as President of CB Richard Ellis Investors Europe. Heserved for 16 years with the Caisse de d

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