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Musical chairs mean new brokers for Grubb, Staubach.


A number of veteran commercial brokers are making waves by jumping ship.

Six prominent downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or  brokers are leaving CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  Inc. to build Staubach Co.'s L.A. operations. And seven senior brokers--six from Newmark Pacific--are joining Grubb & Ellis Co.

Whitley Collins, an 18-year CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
 veteran, is taking over as Staubach's managing partner. Collins brought along CBRE colleagues John McRoskey, Mike McRoskey, Alan Aufhammer and Gary Horwitz. The brokers grossed nearly $12 million in deals last year, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 sources.

Lewis C. Horne, CBRE's executive managing director, said he understood the Staubach opportunity was too good for his former brokers to pass up.

"We parted on good terms," he said. "There are no hard feelings."

Collins said his team would continue finishing up deals started at CBRE for the next 12 months. "There are some feelings of disappointment and sadness," he said, "but those feelings are on both sides of the table."

They will be joined by Tony Morales, the former Maguire Properties Inc. senior vice president of leasing, who will be a partner at Staubach. Rob Maguire dismissed Morales shortly after the company went public.

The six brokers will be given equity ownership in the Staubach office, where there are now 19 brokers and two partners.

Staubach has a downtown office and another on the Westside, but the locations will eventually be combined into one office, Collins said.

Meanwhile, Bart Pucci is leaving CBRE for a position as a senior vice president and regional director for industrial properties at Grubb & Ellis, where he'll work out of the downtown office. Pucci left Grubb & Ellis three years ago for CBRE.

Grubb & Ellis also lured Chris Caras, Phillip Sample, Mike Shustak, Maury Gentile and Sean O'Leary Sean O'Leary may refer to:
  • Sean O'Leary (born 1953), an English singer-songwriter, musician and writer.
  • Sean O'Leary (born 1941), former Irish senator
 from Newmark Pacific.

Gentile and O'Leary will join Grubb's South Bay office. Working in the downtown office, Sample joins as a senior vice president of office properties, Caras joins as a vice president of office properties, and Shustak joins as a senior vice president of appraisal services.

"We are thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 to have these top brokers coming to our firm," said Bill Boyd Bill Boyd is:
  • Bill Boyd (gambler) gambler
  • Bill Boyd (casino operator) CEO of Boyd Gaming Corporation
  • Bill Boyd (baseball) - Major league baseball player.
  • Bill 'Cowboy Rambler' Boyd
, a Grubb & Ellis senior vice president. "It validates what we think is important--which is to provide our brokers with what they need to succeed in this business."
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:Staubach Co., Grubb & Ellis Co. to be lead by new officials
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Date:May 30, 2005
Words:376
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