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Executive Watch
Jonathan A. Schein - President & CEO - Real Estate Media - GlobeSt.com4/04/06: After looking at the Fortune 1000 list for 2006, I believe President Bush was really onto something in his State of the Union address this year. As he explained, the USA has a large addiction to oil. This is evident in the magazine’s ranking of ExxonMobil over Wal-Mart as this year’s largest corporation, and its listing of “Pipelines” as the fasting growing industry by revenue. Of course, not all pipelines are built for crude oil, but the idea that energy and energy-related companies top these categories shows that we are certainly not moving fast enough toward alternative fuels. Obviously, no one is running out to snatch up a car that runs on recycled fast-food oil like the car driven by Daryl Hannah. We are in need of a responsible energy policy, but we are trending in the wrong direction. Until we demand from our legislators and corporations–and ourselves–a change in direction, we will be moving in reverse.

The views expressed in this article are the author’s own.

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NORTHMARQ CAPITAL (HOUSTON) After five years with the firm, Lori Sowa is named vice president and associate producer. She will be involved in originating commercial real estate loans and equities.

CB RICHARD ELLIS (NASHVILLE) Paul Gaither is named first vice president and Harrison Johnson moves up to senior associate. Gaither, previously a vice president, joined CBRE in 1997 as a specialist in investment advisory services for private and institutional shopping center owners. Johnson, marking his fifth year with CBRE, assisted the Global Corporate Services division.

New Hires

NPV LLC (LINTHICUM, MD) Curt Morris comes aboard as an asset manager to oversee management of Direct Invest’s and Opportunity Invest’s existing portfolios and all future acquisitions for the groups. He has spent the past six years as vice president for LaSalle Investment Management in Baltimore.

PINE TREE COMMERCIAL REALTY (LAKE BLUFF, IL) Bruce Boruszak is named vice president and general counsel, ending a run as partner and co-chair for the real estate practice group of Wildman, Harrold, Allen & Dixon LLP in Chicago.

RYAN COS. US (NAPERVILLE, IL) Daniel Walsh joins as vice president of development . Walsh, most recently a managing director for Mesirow Stein Real Estate, will be responsible for Ryan’s mixed-use, land and retail development.

GRUBB & ELLIS (DETROIT) Randall I. Book fills a senior vice president’s slot for the office group. He most recently was director of office brokerage services for Cushman & Wakefield of Michigan Inc.’s Detroit office.

CUSHMAN & WAKEFIELD OF ARIZONA (PHOENIX) Lori Peck comes on board as senior property manager in the asset services division. She previously was property manager for Wessex Commercial Management.

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