Sales Broker Shake-Up Continues As CBRE Hires David Fowler Away From HFF
HFF is the latest firm to lose a major broker in the ongoing investment sales broker shuffle in the city.
David Fowler is leaving the firm for CBRE. Fowler will be joining Darcy Stacom and Bill Shanahan’s team, CBRE announced Thursday, and will serve as first vice president.
"David has made his mark on this market and comes with a stellar track record of exceeding the expectations of clients,” Stacom, the head of New York City capital markets at CBRE, said in a statement.
At HFF, Fowler was a senior director and worked on deals like the sale of 60 Wall St. for $1B and 5 Bryant Park for $640M. He also brokered the sale and financing of Jamestown’s acquisition of a 10-story office building at 260 East 161st St. in the Bronx from Acadia Realty Trust.
Before joining HFF, Fowler worked for Massey Knakal Realty Services, specializing in sales in Lower Manhattan.
Fowler's defection follows a series of significant broker poaching and moves in the city’s investment sales landscape. This week, Cushman & Wakefield terminated its contract with Fowler's former boss, Bob Knakal, while Paul Massey announced the formation of his new firm, B6 Real Estate Advisors.
Earlier this year, Newmark Group lured a group of managing directors from rival brokerage Eastdil Secured after hiring CCRE CEO Anthony Orso.
