Former McDade, Smith, Gould, Johnson, Mason & Co. Principles to Transition to CBRE
Houston, TX – October 19, 2010 – (RealEstateRama) — CB Richard Ellis announced today that William McDade, Kristen McDade, Peter Mainguy and Carson Underwood, formerly of McDade, Smith, Gould, Johnston, Mason (MSGJM), will join commercial real estate firm CB Richard Ellis later this year. MSGJM recently announce plans to dissolve the 20-year-old Houston-based real estate brokerage firm.
Bill McDade and his team bring years of experience with them to CBRE. They will work at CBRE’s Galleria location.
“At this stage in my career, I saw the value of a nationwide platform,” said McDade, a founding partner and principal of MSGJM. “At CBRE we will have the freedom to continue our business with the same entrepreneurial spirit we had at MSGJM while providing our clients with the best resources and services available in the industry today. I believe that my team and I will be very successful here.”
Since 1968, McDade has brokered or co-brokered transactions well in excess of $1-Billion. In 1991 he founded MSGJM with Sid Smith and Dick Gould and is the recipient of the 1998 Houston Board of Realtors Commercial Professional of the Year Award. In 2008 he was named to the Houston Business Journal’s Heavy Hitters Hall of Fame.
“We are thrilled that Bill has decided to join CBRE,” said Mark Taylor, a managing director of CBRE. “Bill is one of the top professionals in Houston real estate and, he brings with him a great team of Kristen McDade, Peter Mainguy and Carson Underwood. Bill’s unparalleled experience along with CBRE’s broad platform and product offering, will enable this group to provide their clients the best services available in the marketplace. We are excited to have them on our CBRE-Houston team”.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
Front: Bill McDade.
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