JLL announces new head of agency leasing in Houston

JLL announced that Tyler Garrett has joined the Houston office as executive vice president, managing director of agency leasing. With nearly two decades of experience in real estate, Garrett will lead the region’s landlord representation team with a focus on driving key initiatives to continue JLL’s growth in the market.

Last year, Garrett was named Houston HOLBA’s Broker of the Year for 2021, a top honor for agency leasing brokers. Garrett also led one of the largest office leasing deals in 2022, representing landlord Cousins Properties in leasing 328,000 square feet to Apache for their new headquarters at Briarlake Plaza.

Over the course of his career, Garrett has leased approximately four million square feet of space with a lease value of more than $1 billion. He has held positions from associate to director of leasing director of leasing at local and national commercial real estate firms.  Most recently he was senior vice president with Transwestern.

Garrett has also been recognized for his professional achievements, including being named a Houston Business Journal “Heavy Hitter” from 2017-2022 and a CoStar “Power Broker” for the last five years.

Real Estate Investments Hires Eric Schaison as Associate

Eric Schaison joins The Retail Connectoin as our new Associate in the Real Estate Investments department. Before TRC, Eric was a financial analyst at CBRE, where he handled financial forecasts, data analytics, and Power BI Point of Contact for the Real Estate Investment arm of the company (CBRE IM and Trammell Crow). He also assisted on capital allocation, the development of dashboards, and data simplification projects. Before CBRE, Eric was an intern Real Estate Analyst at AG Hill Partners, where he was responsible for the underwriting of multiple assets (multifamily, retail, hotel, and senior living), including the acquisition of a luxury retail center “Phillips Place” in Charlotte, NC where he focused his efforts in adding luxury tenants to the center and create value for sale. He was also involved in overseeing the current portfolio and sourcing potential investments. Eric went to SMU in Dallas, TX, and graduated with a Finance degree and a Concentration in Real Estate. While at SMU, he was a Phi Gamma Delta fraternity member. He’s an active member of the Real Estate Club, where he was one of the four students selected to travel to Philadelphia to participate in the Villanova Mulroy Real Estate Development Challenge featuring 30 other schools.

GREYSTEEL PROMOTES J.R. ELLIS TO MANAGING DIRECTOR OF INVESTMENT SALES

January 25, 2023, Austin, TX – Greysteel, a national commercial real estate investment services firm, announced the promotion of J.R. Ellis to Managing Director | Investment Sales. J.R. Ellis has over nine years of diverse real estate experience, with an emphasis on the multifamily industry throughout the Austin and San Antonio markets. Since joining Greysteel in 2019, Mr. Ellis has closed nearly a half billion dollars in sales transactions with a focus on multifamily assets and development sites.

‘’J.R. has been an exceptional leader since he joined Greysteel in 2019. His tireless work ethic, industry experience, and thoughtfulness make him a tremendous advocate for his clients and helped take our presence in Texas to new heights.’’ Said Vice President Mark Bittenbender.

The Greysteel Office in Austin, Texas continues to experience rapid growth. Since opening, the number of professionals in the office has increased fivefold and today Greysteel Austin’s growing team provides the full suite of capital event solutions, including Investment Sales, Capital Markets, and Structured Finance.

“Greysteel was a good move for me in 2019. We have great people, an innovative spirit, and meaningful collaboration across our national platform. We look forward to continuing to serve the central Texas multifamily market.’’ Said Managing Director J.R. Ellis.

According to Greysteel’s Market Report, Austin is the 4th most populated city in the state and 11th largest in the nation with over 1.0 million residents. The city has over 41,000 multifamily units currently under construction (as of Q4 2022) and the Multifamily rents have increased by 5.6% over the past 12 months. The city’s thriving economy affords residents an excellent quality of life for years to come through its robust education infrastructure, unique cultural events, and experiences.

Newmark Hires Office Agency Leasing Expert, David Baker, in Houston, Texas

Houston, TX (January 27, 2023) — Newmark announces the addition of perennial market leader and top producer in Houston office agency leasing, David Baker. Joining as an Executive Managing Director,Baker specializes in office landlord representation, expanding Newmark’s integrated client offerings in Houston to include agency leasing alongside existing property management and capital markets expertise. 

Throughout his three-decade-long career, Baker has been recognized as a top national and local producer and has been recognized as a Houston Business Journal (HBJ) Heavy Hitter almost annually for the past 15 years. Additionally, Baker has won Houston Office Leasing Brokers Association Deal of the Year awards several times. Through all manner of market cycles, Baker has represented over 50 million square feet of leasing in over 200 buildings in every major Houston submarket, including completing over 65 headquarters leases. Baker is credited with hiring and training many of the top office agency leasing professionals in Houston and is an expert at curating project teams to maximize the leasing performance of an asset. 

“Newmark leadership’s priority to serve clients from a brokerage perspective at the highest level and attract and retain top talent is apparent in the collaborative, high-quality brokerage and support teams and resources they have built across the platform,” said Baker. “I look forward to growing Newmark’s agency leasing practice in Houston and delivering local leasing results for Newmark’s vast institutional and entrepreneurial relationships.”

During the pandemic in 2020, Baker led teams that produced three of the year’s largest new lease transactions in Houston. In 2022, Baker executed over 40 leases, totaling more than one million square feet, including Houston’s largest new lease—Apache Corp.’s 327,000-square-foot headquarters—and almost 100,000 square feet of new leasing in Houston Center. Baker has over 425,000 square feet of new leasing in the pipeline for the first half of 2023. 

“As our Texas presence and growth have continued to compound, bringing on a top-tier agency leasing talent like David in Houston is an important step in our integrated client offerings. Having the opportunity to bring in a hall-of-fame leasing professional like David is a rare opportunity and one we were not going to miss,” said Ran Holman, Executive Vice President and Texas Market Leader. “With a highly decorated career, and institutional client relationships with numerous client recommendations to show for it, David will further elevate the synergy between our North Texas office agency and Texas Capital Markets teams.”

“We are delighted to welcome David to the firm and know that his addition will be an immediate value-add for our clients as we advise them through a dynamic leasing and capital markets environment. David’s deep knowledge and relationships in the Houston market will prove crucial in navigating the current climate,” said Newmark Vice Chairman Chris Murphy, who specializes in office investment sales across Texas. “David’s experience and fundamental understanding of leasing market dynamics is something we are eager to leverage for the benefit of our clients.”

Cushman & Wakefield Rounds Out Texas Multifamily Expansion with Addition of Experienced Trio in Houston

HOUSTON, January 30, 2023 – Cushman & Wakefield announced that the commercial real estate services firm has hired Jennifer Campbell, Joshua Hoffman, and Avery Klatt to join the firm’s Sunbelt Multifamily Advisory Group. 

Led by Campbell, the team will be responsible for Class A and B multifamily investment sales throughout the Houston metro area. Campbell, Hoffman, and Klatt will be based in the firm’s Houston office serving as Executive Managing Director, Senior Director, and Director, respectively.

“Jennifer’s team plays a pivotal role in building out our Texas platform in conjunction with the Sunbelt Multifamily Advisory Group. Their market expertise and enthusiasm for client success is an incredible complement to our already outstanding Cushman & Wakefield culture,” said John Carr, a Managing Director with Cushman & Wakefield’s Sunbelt Multifamily Advisory Group. 

“We are thrilled to join a team deeply entrenched in the Sunbelt region and expand the Cushman & Wakefield Texas presence alongside our Central Texas and Dallas-Fort Worth colleagues. Houston continues to see strong fundamentals and interesting investment opportunities to clients locally as well as nationally,” added Campbell. 

Campbell comes from Institutional Property Advisors (IPA) where she led the company’s multifamily efforts for the Houston market and during her career has closed more than $5 billion in sales, representing over 30,000 units in multifamily transactions across the state of Texas. Prior to that, Campbell worked for a Houston boutique firm specializing in multifamily transactions. She currently is active with Urban Land Institute and is pursuing herCertified Commercial Investment Member (CCIM) designation. 

Colleagues Hoffman and Klatt also come from IPA and have prior experience with the Houston multifamily market. In his prior role Hoffman oversaw the execution of $1.5 billion in multifamily sales totaling 5,000 units. He entered the commercial real estate industry in 2020 after a 15-year career in hospitality where he ran programs for notable companies such as MGM Resorts International, Morimoto Group, and most recently opened the Greystone Hotel in South Beach Miami.Meanwhile, Klatt represented $750 million in sales for various multifamily investment opportunities. She also recently received a certificate in Real Estate Investment and Development from Rice Business’ Jones Graduate School of Business.

Clint Bawcom, Managing Principal for Cushman & Wakefield’s Houston operations, noted, “This is significant news for Cushman & Wakefield’s Sunbelt Multifamily Advisory Group and the Houston office. The Texas triangle is officially complete in adding such an incredible team who can collaborate with our existing advisors across Austin, Dallas, and San Antonio.” 

“We are excited to welcome Jennifer and the team to Cushman & Wakefield. Houston is an important growth market for our multifamily business; this strategic addition bolsters our platform to ensure excellent client service throughout the region,” concluded John O’Neill, President, U.S. Multifamily Capital Markets at Cushman & Wakefield.

Larson Moye Joins HVS Brokerage & Advisory

HOUSTON, TX, January 31, 2023: HVS is pleased to announce that Larson Moye has joined the fast-growing Brokerage & Advisory division of HVS, the only global consulting firm focused exclusively on the hospitality industry.

Eric Guerrero, Senior Managing Director and Partner of HVS Brokerage & Advisory, commented, “I am delighted to welcome Larson to our rapidly expanding team. He is a great cultural fit and will help expand our services and deepen our relationships with clients in the Rocky Mountain region. As the size of our team has doubled going into the new year, this growth presents us with the opportunity and resources to effectively help our clients achieve their goals.” 

Larson Moye is joining as a Senior Associate for the HVS Americas Brokerage & Advisory division and specializes in the acquisition and disposition of hotels across Colorado. Larson’s knowledge of current market conditions, his broad network of hotel owners, and his expertise in transaction management create positive results for his clients. He is committed to working with clients in a collaborative and transparent manner to assist them in achieving their investment goals. Larson is a graduate of Loyola University in New Orleans and is a licensed real estate sales agent in Texas.