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Thursday, May 10, 2007

Real estate dealers honored

Source:milwaukee.bizjournals.com

Tim Relyea named top making office broker in 2006 for Cushman & Wakefield Inc.'s worldwide group the first time an office broker exterior of New York has time-honored the firm's top honor. Additionally, David Cook was acknowledged as the top producing industrial broker for Cushman & Wakefield, the third time he has received that honor. The two local real estate brokers beat out a great field of peers at what said to be the worlds biggest privately held marketable real estate services firm, with above 12,000 employees in 55 countries.

Relyea, vice chairperson of Cushman & Wakefield of Texas Inc., most recent year completed 56 contracts totaling above 4.6 million square feet valued at almost $1.4 billion. Relyea brokered the biggest lease in Houston's history most recent year when he represented Chevron U.S.A. in leasing the whole 1.3 million-square-foot, 50-story office building at 1400 Smith. The city center tower, previously the headquarters of Enron Corp., sat unoccupied for numerous years before the lease contract. During his 30-year career, Relyea has completed in excess of 40 million square feet of contracts for a total aggregate rental of above $7 billion.

Cook, who carries the name of managerial vice president at Cushman & Wakefield of Texas, completed 124 assignments valued at above $315 million in 2006. Cook goes ahead a four-person brokerage team that consists of Jeff Peden, Marshall Davidson Jr. and Graham Horton. Last year, Cook was involved in the 104-acre sale of the former Six Flags Astroworld site in Houston, with the sale of BMC Software Inc.'s 1.5 million-square-foot office complex. In his 40-year livelihood, Cook's making totals above $3 billion.

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