Cushman & Wakefield expands capital markets platform
Cushman & Wakefield has added James Mitchell and Erin Rice to its Capital Markets team. The pair joined from CBRE and will support clients with buy/sell transactions, financing solutions and dealership real estate as part of the firm’s Automotive Advisory Group.
“We work with dozens of automotive industry clients around the world, including major brand names,” says Jeff Green, Managing Director and leader of the firm’s Automotive Advisory Group. “Our offering is unique because we can assist manufacturers and their suppliers along the entire supply chain, from production to point of sale. Erin and James bring their extensive expertise in retail automotive to that business, and we believe it nicely rounds out our services and will provide immediate value to many of our clients.”
“At Cushman & Wakefield, we take tremendous pride in ensuring best-in-class service for our clients – and bringing the right talent to the table is core to delivering on that promise,” says Peter Carroccio, Managing Principal of Cushman & Wakefield’s Washington, DC region. “James and Erin are tremendous assets to our firm, and we are delighted to have them join our team based here in DC.”
James Mitchell, Executive Managing Director, has worked in the automotive industry for more than 20 years. He has provided buy/sell and real estate services to public and private dealers representing the top 125 groups in the United States, including Sonic Automotive and Lithia. Additionally, he has represented OEM clients including Chrysler, Nissan, Ford and Volkswagen. Mitchell has completed nearly USD500 million in transactions in the past six years. He joins the firm from CBRE where he was Senior Vice President. Mitchell holds a bachelor’s degree in Economics from Trinity College-Hartford.
Erin Rice, Vice President, also joins the firm from CBRE, where she was responsible for negotiating buy/sell transactions, finance structuring and creative real estate solutions. Prior to CBRE, Rice was a Portfolio Manager/AVP at Capital Automotive REIT, where she managed a client portfolio valued at approximately USD1.3 billion. A graduate of the University of Wisconsin-Madison, Rice brings over 12 years of automotive real estate experience to the firm.