Commercial real estate services firm Cushman & Wakefield today announced the strategic hire of a three-person, Dallas-based industrial investment sales team. Recognized among the industry’s most successful investment sales professionals in their sector, Randy Baird, Jud Clements and Robby Rieke round out Cushman & Wakefield’s national investment sales leadership within – and across – major U.S. industrial hubs.
Baird, who worked for Cushman & Wakefield earlier in his career, has returned to the company as an executive vice president. Clements and Rieke joined as senior director and director, respectively. They have been partners and leaders together for five years and have a total of 40 years of industrial investment experience and more than $30 billion in completed sales transactions.
The Baird, Clements, Rieke team joining Cushman & Wakefield comes just days after the company’s merger with DTZ. The new organization boasts a combined U.S. industrial investment sales volume of approximately $6 billion annually.
“Cushman & Wakefield intends to be a dominant player in the industrial arena,” said John Morris, executive managing director, Logistics & Industrial Services lead, Americas. “The addition of Randy, Jud and Robby reflects our leadership’s recognition that the industrial space continues to grow, and results from its commitment to building our platform with the best talent. We now have a top team in every major market, positioning us unmistakably as one of the country’s premier industrial capital markets service providers.”
For Baird, returning to Cushman & Wakefield is a logical step. “This is an exciting time to be joining such a well-organized and multi-faceted global platform,” he said. “Culturally, this is an excellent fit for us, and the opportunity to help grow the Dallas industrial practice is very energizing. We have an extremely high level of confidence in this firm’s leadership and future success.”
Based in Rosemont, Ill., and with local representation nationwide, Cushman & Wakefield's Logistics & Industrial Services platform provides global resources and local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and industrial consulting including labor and demographic analysis. In 2014, globally, Cushman & Wakefield completed more than 8,200 industrial lease and sale transactions, including Capital Markets transactions, totaling 337 million square feet, with an aggregate value of $16.8 billion.