DENVER—One of the city's top institutional investment sales teams, led by Michael Winn and Timothy Richey, has joined CBRE.
“Mike and Tim are two of the top investment professionals in the Rocky Mountain Region,” said
Ray Pittman, CBRE's senior managing director said. “Their decision to join us significantly enhances our capabilities and leading market presence, and underscores our position as the premier capital markets firm in Denver real estate. We are thrilled that they are making their professional home at CBRE.”
Winn and Mr. Richey have been responsible for more than $13 billion of investment sales, across all property types, in a 20-year professional partnership. The duo has garnered Denver Investment Broker of the Year honors a dozen times
“Mike and Tim are a key piece in our plan to build the strongest capital markets platform in our industry worldwide. They join a team of market leading institutional sales professionals across the U.S. and in Denver that is unrivaled in our business today,” said Chris Ludeman, Global President of Capital Markets.
With the new additions to the CBRE team, Pittman announced that senior vice president Brad Lyons will partner with the Winn-Richey team and will lead the combined efforts for institutional investment sales for retail properties. In addition, Ron Urgitus will transition to a leadership role in national retail business development.
“We look forward to teaming up with our new colleagues to fuel the further growth of CBRE's market-leading investment sales business,” said Richey.
Winn and Richey, who will both hold the title of vice chairman, join CBRE from Cushman & Wakefield, where they worked since 1998. At C&W, they headed a six-person professional team.
Winn and Richey have been responsible for numerous high-profile investment sales during their careers. Most recently, they sold the Park Central office tower for $213 million on behalf of Walton St. Capital and Means Knaus; 1001 17th Street for $217 million on behalf of Miller Global Properties; and Orchard Town Center for $123 million on behalf of Forest City Enterprises.
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