News: Brokerage

Alsabbagh joins Savills Cross Border Tenant Advisory group

Soufian Alsabbagh

Manhattan, NY According to Savills, Soufian Alsabbagh has joined the firm’s North American Cross Border Tenant Advisory group as a director. Alsabbagh previously served as vice president at JLL, where he was part of the firm’s International Desk team. He will be located at Savills North American headquarters at 399 Park Avenue. 

“Soufian brings a wealth of cross border experience to our rapidly expanding group in North America,” said Dominic Harding, senior vice president, head of Savills Cross Border Tenant Advisory – Americas. “Multinational occupiers rely on professionals like Soufian to strategically guide them through the complexities of international real estate transactions. His sophisticated approach has resonated with clients across the globe, and we look forward to the many contributions he will make to our cross-border team.” 

In his previous role, Alsabbagh advised more than a dozen industry-leading American corporations on their respective global real estate strategies. He operated across 75 countries to oversee the execution of 400-plus real estate transactions; he also led 70-plus corporate restructuring projects, simultaneously, across six of the firm’s service lines. He has been completed more than 1,000,000 million s/f worth of lease transactions and has served as an advisor on over 10,000,000 million s/f of real estate.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their