Cushman & Wakefield has hired Doug Middleton and Jack Stillwagon from CBRE to lead its Institutional Capital Markets business in New York City. Middleton will serve as executive vice chairman, with Stillwagon joining as executive managing director. The pair bring experience advising on and executing transactions involving major commercial properties across the city.
Key takeaways
- Middleton and Stillwagon will lead Cushman & Wakefield’s New York City Institutional Capital Markets business.
- Middleton joins as executive vice chairman after eight years leading CBRE’s Investment Properties Institutional Group in New York.
- Stillwagon joins as executive managing director, bringing experience across office, residential and industrial transactions.
The appointments bring two longtime colleagues to Cushman & Wakefield, where they are also expected to work with capital markets teams in other parts of the country.
Middleton brings institutional investment sales experience
Middleton spent the past eight years leading CBRE’s Investment Properties Institutional Group in New York City. Before that, he was director of investment sales at Eastdil Secured. Over his career, he has led transactions worth billions of dollars across New York City.
His new role as executive vice chairman places him at the helm of the firm’s institutional capital markets effort in the city, alongside Stillwagon.
Stillwagon adds experience across property sectors
At CBRE, Stillwagon worked with Middleton on transactions spanning office, residential and industrial properties. His work involved multiple stages of the deal process, from advising clients through transaction execution.
Before joining CBRE, Stillwagon held roles at Waterfall Properties and Atlantic Creek Real Estate Partners. At Cushman & Wakefield, he will serve as executive managing director and collaborate with Middleton on the New York business.