New Team Will Focus on Valuation for a Wide Variety of Asset Types Throughout Florida and the Southeast
TAMPA, FL, November 11, 2019 – Cushman & Wakefield has expanded its Valuation & Advisory platform with the addition of a 10-person team from Beshears & Associates, a boutique valuation firm based in Tampa. Led by David Beshears, the new team brings an impressive 25-year track record and will focus on a wide variety of property types, primarily in Florida and the southeast.
This addition will allow Cushman & Wakefield to expand the capabilities and coverage of its global Valuation & Advisory Group. The new team will work closely with Cushman & Wakefield’s existing valuation professionals and with its Capital Markets and Investor Services teams to provide detailed insights on real estate value.
“Valuation & Advisory is a key component of our comprehensive platform of services, which provides incredible value to our clients,” said Scott Garlick, Managing Principal of Cushman & Wakefield’s Tampa Bay office. “The addition of this team further solidifies our reputation as a leader in the Florida market and reaffirms our commitment to our clients.”
The new team’s valuation experience ranges from individual private properties to large national portfolios, with expertise in multifamily, self-storage, hospitality, auto service, manufactured housing, industrial, office and retail properties.
For Beshears, the move marks a return to Cushman & Wakefield, as he served as an investment broker with the firm’s Capital Markets team earlier in his career.
“As we make this exciting transition, we have nothing but confidence that our team will excel with the support of Cushman & Wakefield’s global platform and depth of resources,” said Beshears. “We have an extremely high level of comfort and respect for Cushman & Wakefield and look forward to the future success we will achieve as a combined force.”
In addition to Beshears, who joins as Executive Director, the team is comprised of Senior Director Michael Green, Senior Director Chris Larkin, Senior Director John Sabatini, Director Rachel Weideman, Director Robert Tyson, Associate Director Jordan Menke, Associate Director Catherine Butler, Associate Jack Tait and Administrative Assistant Rita Martino.
“David and his team are extremely talented and make a great fit for our firm,” said Jeff Smith, Executive Managing Director and Southeast Market Leader for Cushman & Wakefield’s Valuation & Advisory Group. “The strong client relationships, additional resources and specialized expertise they bring in areas such as c-stores, limited service hotels, self-storage facilities, and manufactured home communities will elevate our Valuation & Advisory business and allow us to serve a broader field of clients in this region.”
Cushman & Wakefield’s global Valuation & Advisory Group consists of approximately 1,970 professionals who provide sophisticated advice on real estate equity and debt decisions to clients on a worldwide scale. The group’s capabilities span valuation and advisory services relating to acquisition, disposition, financing, litigation, and financial reporting. In 2018, the group completed assignments involving more than 252,900 properties valued at $3.1 trillion.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Communications Specialist, Florida