Adam Spies
Cushman & Wakefield
Chairman
Job Functions: Executive, Capital Markets
Bio
Adam Spies, Chairman, is a leader in our national Capital Markets services group, and works closely with our global Capital Markets team to build out our broader platform in major markets. He has a unique knowledge and track record in advising top institutional global investors with a specialization in high-value assets.
Prior to joining Cushman & Wakefield in 2016, he held the position of Senior Managing Director at Eastdil Secured, where he worked with Doug Harmon, Kevin Donner, Adam Doneger, and Joshua King. All of these team members have moved to our firm, bringing more than 50 years of high-profile real estate experience involving more than 500 major transactions covering all major asset types, with a combined transaction value of more than $200 billion. In 2014 alone, they were involved with nine of the 10 largest deals done in New York.
Adam started his career as an accountant at Deloitte Touche. He joined EastdilSecured in 1999.
Select Major Transactions
•Peter Cooper Stuyvesant Town, New York – Sale Price: $5.5 Billion, 11,232-unit complex
•Parkmerced, San Francisco – Recapitalization: $1.5 Billion, 3,221 units
•Miami World-Center, Miami – Sale: $350 Million+, 10 Acres (In process)
•Pfizer, New York – Headquarter Relocation and Disposition of existing assets (in excess of $500 Million)
•Recapitalization of 10 Hudson Yards, New York – Sale Price: $2.2 Billion, Total SF: 1,800,000
•787 Seventh Avenue, New York – Sale Price: $2.0 Billion, Total SF: 1,700,000
•Google purchase of 111 Eighth Avenue, New York – Sale Price: $2.0 Billion, Total SF: 3,000,000
•Time Warner Center, 10 Columbus Circle, New York – Sale Price: $1.3 Billion, Total SF: 1,100,000
•Willis Tower, 233 South Wacker Drive, Chicago – Sale Price: $1.3 Billion, Total SF: 4,000,000
•The Sony Building, 550 Madison Avenue, New York – Sale Price: $1.1 Billion, Total SF: 850,000
•Chelsea Market, 75 Ninth Avenue, New York – Sale Price: $800 Million, Total SF: 1,200,000
•Starrett City – Sale Price: $905 Million, Total SF: 5,668,000 SF
Professional Affiliations
•Member of Association of Foreign Investors in Real Estate (AFIRE)
•Member of Urban Land Institute (ULI)
Professional Recognition
•CoStar’s Power Broker Awards Top Sales Broker
•Crains 40 under 40, 2013
Community Leadership
Board member enCourage Kids Foundation
Areas of Interest
- Risk Profile
- Deal Type
- Acquisition, Development, Ground Lease, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation
- Property Type