Timothy E Sheehan

Tim Sheehan, Senior Vice President in the firm's New York

Tri-State region, joined CBRE in 2002. Mr. Sheehan represents both owners and

tenants in property sales and leasing, and serves as real estate advisor to

nonprofit and public agencies. His property sales clients include Starwood

Hotels, Seamen's Church Institute, the 92nd Street Y and the New York Academy

of Sciences. A number of his sale transactions have set new market benchmarks

for pricing. Recently, Mr. Sheehan represented the Diocese of Brooklyn in the

long-term ground lease of a former school property for residential

redevelopment. Mr. Sheehan has served for several years as real estate advisor

to the Battery Park City Authority whom he has assisted in the negotiation of

the ground lease with Goldman Sachs for its new headquarters. His team has

produced 30-year revenue forecasts to support BPCA's bond issues in excess of

$1 billion. He has also assisted the Metropolitan Transportation Authority and

the NYC Health & Hospitals Corporation in the disposition of under-utilized

real estate assets.

Prior to joining CBRE, Mr. Sheehan was the Assistant

Director of Real Estate for the Port Authority of New York and New Jersey where

he directed the leasing and disposition of retail, hotel, telecommunications

and development assets. His significant achievements included the sale of the

hotel leasehold at the World Trade Center to Host Marriott Corporation and the

negotiation of a lease agreement for the development of a one

million-square-foot office tower and retail center at the 42nd Street bus

terminal. Mr. Sheehan led the re-merchandising of the WTC retail concourse that

placed it in the top tier of the country's most productive retail centers and

the sale of the leasehold to Westfield. Prior to his involvement in real

estate, Mr. Sheehan was a founder and executive director of the Regional

Alliance for Small Contractors, a public/private partnership formed by the

leaders of the construction industry to improve the position of women and

minorities in the industry. Earlier in his career, Mr. Sheehan served as

director of New York State's Job Training Partnership and director of child

welfare policy for New York City.

Professional Affiliations/Accreditations

Member, Urban Land Institute

Member, Real Estate Board of New York (REBNY)

Adjunct Associate Professor, NYU, The Wagner School of

Public Service

Trustee, Citizens Budget Commission

Advisory Board, Center for Family Life of Sunset Park

Education

Manhattan College

Johns Hopkins University, Graduate studies