Around the Industry: Hirings and Promotions
By Nicholas Ziegler, News Editor
JLL Names Steinbach SVP in St. Louis
David Steinbach, a 10-year veteran of the St. Louis office market, has been promoted to senior vice president at Jones Lang LaSalle Inc. As a tenant-representation professional, Steinbach acts as an exclusive advocate in all matters pertaining to his clients’ real estate issues, including early renewals, disposition strategies, lease buyouts and/or subleasing. During his career in real estate, Steinbach has been involved in more than 20 transactions of 50,000 square feet or more. He also focuses on representing landlords in their efforts to market and lease office space. Among his clients is Bank of America Plaza, a 750,000-square-foot, Class A office property in the heart of the St. Louis central business district.
Motoyoshi Joins Cresa San Francisco as SVP
Todd Motoyoshi, with nearly 25 years of experience in commercial real estate, recently joined the Cresa San Francisco office as a senior vice president. Motoyoshi, a resident of San Francisco, most recently served as an executive vice president of Grubb & Ellis’ San Francisco office. Prior to his role at Grubb, he worked at Colliers International, Cornish & Carey Commercial, Studley and the Marcus & Millichap/Ernst & Young Corporate Real Estate Consulting Group. Throughout his career, Motoyoshi has ranked among the leading commercial estate advisors in both the Bay Area and in the country. He has worked on projects totaling more than 6 million square feet, serving clients such as Blackrock, Morgan Stanley, Union Bank of California, The California Culinary Academy, and many major law firms.
Gastineau to Become JLL Managing Director in Atlanta
Jones Lang LaSalle Inc.’s capital markets team has expanded its corporate finance & net lease practice on the East Coast, bringing Shan Gastineau on as a managing director in Atlanta. Gastineau was previously a senior vice president with the firm’s tenant representation group. He will work under the direction of managing director Guy Ponticiello to expand the firm’s ability to serve corporate and single-tenant investor clients in the eastern United States. Gastineau joined the Staubach Co. in 2002, coming to Jones Lang LaSalle when the firm merged with Staubach in 2008. Recently, Gastineau completed in excess of $300 million in transaction volume for occupier and investor clients and received the firm’s top-achiever award for revenue producers from 2004-2011.
MacEachron Becomes COO of Rockefeller Group Development
Daniel MacEachron, a commercial property development executive with more than 30 years of investment and development experience in the United States and abroad, has joined, Rockefeller Group Development Corp., a development subsidiary of The Rockefeller Group, as COO. He will be based in RGDC’s New York headquarters in Manhattan. For more than 20 years, MacEachron was with Hines, where he held positions in Houston, New York, San Francisco and New Delhi, India. Since 2006 he was responsible for establishing the first Hines office in India and leading the effort to get the firm’s first two office development projects in India under construction. MacEachron assumes a new position within Rockefeller, overseeing its New York-area development projects and leasing, as well as the national activities of the asset services and design & construction groups.
Marascuillo Hired as NYC Managing Director
Jones Lang LaSalle Inc. has hired Mark Marasciullo as a managing director in New York. He will serve on the firm’s national-investor client team for the firm’s largest institutional-investor clients. Marascuillo and his team will create client awareness about new market-specific services, and will cross-share opportunities for each client to leverage the firm’s investor business lines expertise, including capital markets, agency leasing and property management, across multiple product types. Marasciullo comes to JLL from New Canaan Partners L.L.C. in New York City, which he founded in 2006. He is the company’s managing principal, and oversaw the acquisition of several assets located in Manhattan.
Wessel Joins Red Mortgage Capital
Brent Wessel has joined commercial real estate lender Red Mortgage Capital L.L.C. as a managing director & commercial/multi-family loan originator. He will be based in the firm’s Newport Beach, Calif., office. Wessel, a seasoned mortgage originator with more than 20 years of commercial real estate experience, will place commercial loans with conduits, banks and insurance companies on a brokerage basis, as well as originate multi-family, seniors-housing and affordable-housing opportunities on the West Coast for Red’s Fannie Mae operations. Previously, Wessel was a regional director for both RBC Capital Markets U.S. and GE Capital Real Estate, where he established and managed the Western region’s CMBS lending platforms.
Cooper to Become Avison Young Principal, Managing Director
Christopher Cooper has joined Avison Young as a principal & managing director of the Southern California region. He will oversee the growth and development of the company’s presence throughout Southern California, including Greater Los Angeles, Ventura County, Orange County and San Diego. He will be based in the company’s Los Angeles West office. Prior to joining Avison Young, Cooper, a 27-year commercial real estate industry veteran, served as CEO of Los Angeles-based Charles Dunn Co., as senior managing director for Cushman & Wakefield Inc. in Los Angeles and as EVP at Jones Lang LaSalle Inc. in Los Angeles.