News: Brokerage

Cushman & Wakefield welcomes Murtha to its Brooklyn leasing team as a director

Brooklyn, NY Rico Murtha has joined Cushman & Wakefield as a director. He will work with senior directors  Patrick Dugan and  Joseph Cirone and will focus on tenant representation as a member of the firm’s leasing team serving the area market.

Murtha previously served as a partner with Capstone Realty Advisors.

“Rico Murtha brings extensive knowledge of the commercial real estate inventory throughout New York City,” said Betty Castro, Cushman & Wakefield’s managing principal of Brooklyn and Queens. “He knows how to identify those particular buildings and owners that will make the best match for a client. Rico will be a valuable asset for Cushman & Wakefield as we continue to build out our status as a Brooklyn market leader.”

Murtha’s tenant representation work has included office relocations, lease renewals, expansions, subleasing, lease auditing, and general advisory services. His client base has represented such sectors as public- and private-sector users, technology companies, medical practices, non-profit organizations, advertisers, and architecture firms.

He earned a bachelor’s degree in political philosophy from Trinity College in Hartford, Conn.

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,
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
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