Richard Marchitelli began his career with Cushman & Wakefield Valuation & Advisory in 2003.
Originally in the C&W World Headquarters in New York, New York, he now works in the Charlotte, North Carolina Valuation & Advisory office. Prior to joining C&W, he was a Director of Real Estate with PricewaterhouseCoopers, LLP from 2000 to 2003 and prior to joining PwC he was the founding partner of Marchitelli Barns & Company from 1973 through 2000.
Mr. Marchitelli has counseled private and public sector clients on use, capital deployment, valuation, dispute resolution, litigation support, and strategic management issues. Mr. Marchitelli has prepared feasibility and land use studies, market and marketability reports, and site selection studies for corporate and institutional clients; conducted lease audits; developed damages models; and provided due diligence assistance, expert testimony, and other analytical and advisory services in a range of situations involving highly individualized problems. He has also served as a sole arbitrator and as a panel member in arbitration proceedings.
Mr. Marchitelli has testified in arbitration proceedings at the International Centre for Settlement of Investment Disputes in Washington, DC, and has qualified as an expert witness in United States District Court, United States Tax Court, United States District Court of Federal Claims, United States Bankruptcy Court, and in various state and local courts, including Alaska, California, Georgia, Florida, New York, North Carolina, Pennsylvania, Texas, Virginia, and Wisconsin. He has also been a court-appointed third-party expert in matters involving the valuation of real property.
Mr. Marchitelli has provided consulting and valuation services in challenging situations involving properties such as the High Line, an elevated rail corridor in Manhattan that has been converted into an urban park; development restrictions on properties surrounding McCarran Airport in Las Vegas; the Baltimore Sun newspaper printing plant; the Trans Alaska Pipeline; a mixed-use development site in Lima, Peru; the Hancock Center Observation Deck in Chicago; an 1,800-mile underground pipeline easement extending through six western states from Texas to Oregon and Nevada; a submarine manufacturing and maintenance complex; the Nordstrom’s Department Store leasehold in San Francisco; BP headquarters building in Houston; Rockefeller Center in New York; an oil drill site on the North Slope of Alaska; Co-op City, a 15,000-unit residential complex with three shopping centers in the Bronx, New York; a luxury condominium resort on St. John in the U.S. Virgin Islands; and mixed-use development properties in Guadalajara and the Puerto Vallarta area of Mexico.