New York Real Estate Journal

Timothy King, CPEX Real Estate

December 22, 2014 - Spotlight Content
What was the best thing that happened to you or your firm in 2014? CPEX was a happening place in 2014. So many good things happened that it would be impossible to select a "best." Contenders for the role of "best thing that happened" would include our firm's growth in size and revenue, super successful recruiting efforts in Year 1 of our Sales Training Program, CPEX's quarterly REX Nights, and our industry studies and reports, among other candidates. What was your most notable project, deal, transaction or personal achievement in 2014? Since the CPEX culture is rooted in teamwork and the concept of "collaboration, not competition," it would be a challenge to single out just one notable achievement for the year. The ground lease we completed at 535 4th Ave. was one of many noteworthy transactions, and November was particularly notable for the CPEX retail leasing team, which completed eight leases over the course of the month. Our multi-family sales team also sold 703 Carroll St. to the Berkeley Carroll School, and it was wonderful to see CPEX's mixed-use and retail sales teams work jointly to close several transactions along Flatbush Ave. Truly, the notable achievement was that everyone shared in our success for 2014. What are you looking forward to accomplishing in 2015? What is there NOT to look forward to? 2015 will be a year of further growth and expansion. Continuous training and "sharpening of the saw" will make all our teams more effective. What are some of your real estate predictions for 2015? Unfortunately, only meteorologists and economists have the luxury of making predictions without worrying about being proven wrong. However, one prediction I'm confident in making is that 2015 will be even more rewarding than 2014.