Cushman & Wakefield, the world’s largest privately-held commercial real estate services firm, today announced Doug Sugimoto has joined the company’s Silicon Valley office as a Senior Director. His practice is focused on tenant representation.
A 30-plus-year veteran of Bay Area real estate, Sugimoto spent a significant portion of his career as an in-house commercial real estate executive with some of Silicon Valley’s most notable companies, including Intuit, Silicon Graphics, Covad and 3Com. Sugimoto most recently was Senior Vice President at DTZ, a division of UGL Services, where he led the company’s Silicon Valley office. Before his work at DTZ, Sugimoto was Senior Vice President with Cornish & Carey Commercial Newmark Knight Frank.
Among his many successes in Northern California, Sugimoto represented Informatica in the purchase of its 290,000 sf headquarters buildings in Redwood City; Avaya Communications in a 250,000 sq. ft. lease expansion in Santa Clara; and Riverbed Technology in the leasing of a 105,000 sq. ft. engineering center in Sunnyvale.
Sugimoto is a lifelong Bay Area native and a graduate of San Jose State University.
“We’re thrilled to add someone with Doug’s reputation and experience to our expanding Silicon Valley office,” said Cushman & Wakefield Executive Managing Director Jeff Cushman. “Current and future clients will certainly benefit from Doug’s deep ties to the local business community and first-hand knowledge of the Silicon Valley commercial real estate market. He’s an extraordinary new addition to our growing team.”
“I am very excited to be joining an established, recognized and well-respected real estate firm with a dynamic leader like Jeff Cushman,” said Doug Sugimoto. “I look forward to leveraging the Cushman & Wakefield global brand and my long-term Silicon Valley experience for the benefit of my current and future clients.”
Since late 2012, the Cushman & Wakefield Silicon Valley office has welcomed a roster of several new brokers focused on tenant representation, including: Steve Lee, Chris D'Ambrosia, Jason Palda and most recently, Ryan Adlesh. Other real estate professionals who have also recently joined the office in 2013 include Property Management specialist Janet LaPerle and Project Management specialist Al Haag.
Brokers from the Cushman & Wakefield Silicon Valley office have been involved in some of the year’s most significant office leasing transactions in the region, including a 130,000 sq. ft. lease for InvenSense at 1745 Technology Dr. in San Jose and San Diego-based Illumina Inc.’s nearly 100,000 sq. ft. lease in San Francisco’s Mission Bay. The Silicon Valley office also represented the seller, an affiliate of Pacific States Industries, in the sale of the former Bank of the West building, at 2 West Santa Clara Street in San Jose, to private investor James Tang.
“With a booming technology sector and an extremely healthy job market, Silicon Valley continues to be a vital player on the national and international real estate stage,” said Jeff Cushman. “The addition of Doug Sugimoto and our other recent hires builds on C&W’s proud tradition with a solid, energetic and enthusiastic Silicon Valley team focused on meeting the unique demands of this exciting and dynamic market.”