Todd Savage Joins Cushman & Wakefield as Executive Managing Director of Office Investment Sales in Dallas

Rhea-AI Summary

Cushman & Wakefield has appointed Todd Savage as Executive Managing Director of Office Investment Sales. Based in Dallas, Savage brings over 24 years of commercial real estate experience and will focus on representing institutional office investors in Dallas-Fort Worth while expanding investment sales across Texas.

Savage joins from JLL, where he served as Senior Managing Director, having joined through the HFF acquisition. His track record includes involvement in more than $23 billion in commercial real estate transactions, including investment sales, sale/leasebacks, and joint venture arrangements.

The appointment comes at a strategic time as Texas experiences continued growth in the office market alongside a more stable capital markets environment. Savage holds an MBA from Southern Methodist University and serves on several industry boards including NAIOP and ULI's North Texas Industrial/Office Product Council.

Positive

• Strategic hire with proven track record of $23 billion in real estate transactions
• Expansion of institutional capital markets platform in growing Texas market
• Addition of senior expertise during stable capital markets environment

Negative

• None.

Savage will work across the Dallas-Fort Worth market and Texas, serving institutional investors and their office capital markets requirements

DALLAS--(BUSINESS WIRE)-- Cushman & Wakefield is pleased to announce that Todd Savage, a veteran real estate professional with over two decades of experience, has joined the firm as Executive Managing Director of Office Investment Sales. Based in Dallas, Savage will represent institutional office investors in Dallas-Fort Worth and focus on expanding investment sales across Texas.

Todd Savage (Photo: Business Wire)

“I’m thrilled to join Cushman & Wakefield and help increase our market share of office investment sales,” Savage said. “The firm’s vision and extremely talented advisory platform align perfectly with my passion for driving strategic growth and delivering exceptional service to institutional clients here in the Dallas-Fort Worth region and across the state.”

Added Chris Hipps, Cushman & Wakefield Texas Managing Principal, “The growth in Texas that continues to fuel the office market, combined with a more stable capital markets environment, creates a timely opportunity to advise and work with investment capital targeting the state. I am confident that Todd can capitalize on this opportunity and provide invaluable advice to investors.”

Added Miles Treaster, Cushman & Wakefield President, Americas Capital Markets, “Todd’s addition demonstrates our commitment to growing our institutional capital markets platform with the right expertise. He brings to Cushman & Wakefield a proven track record of exceptional advisory services for the industry’s leading investors. What’s more, he’s integral to our broader growth plans both in the office sector and across Americas capital markets.”

Savage joins Cushman & Wakefield from JLL, where he was Senior Managing Director. He joined JLL as part of the HFF acquisition and has more than 24 years of experience in commercial real estate finance and property advisory, with involvement in more than $23 billion in commercial real estate transactions. He has worked on numerous investment sales, sale/leasebacks and joint venture arrangements representing institutional and corporate clients in the southwestern United States. He is a graduate of the University of Texas and earned a MBA from Southern Methodist University. Additionally, he is a NAIOP Board Member and serves on ULI’s North Texas Industrial/Office Product Council and The Real Estate Council.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250214605100/en/

Bailey Webb

bailey.webb@cushwake.com

Source: Cushman & Wakefield

FAQ

What is Todd Savage's new role at Cushman & Wakefield (CWK)?

Todd Savage has joined Cushman & Wakefield as Executive Managing Director of Office Investment Sales, focusing on institutional office investors in Dallas-Fort Worth and expanding investment sales across Texas.

How much transaction experience does Todd Savage bring to CWK?

Todd Savage brings experience in over $23 billion in commercial real estate transactions, with more than 24 years of experience in commercial real estate finance and property advisory.

Where did Todd Savage work before joining Cushman & Wakefield (CWK)?

Before joining Cushman & Wakefield, Todd Savage worked at JLL as Senior Managing Director, where he joined through the HFF acquisition.

What territories will Todd Savage cover for CWK's investment sales?

Todd Savage will work across the Dallas-Fort Worth market and Texas, serving institutional investors and their office capital markets requirements.

What industry boards is Todd Savage affiliated with at CWK?

Todd Savage serves as a NAIOP Board Member and is on ULI's North Texas Industrial/Office Product Council and The Real Estate Council.