Share:

Mike McDonald recognized as Top Broker by Connect Media

Savannah Durban • 4/6/2020
Mike McDonald, Vice Chairman in Cushman & Wakefield’s Capital Markets group, has been named a Top Broker by Connect Media. Mike is one of the firm’s top-producing brokers in the Americas, specializing in high-profile office sales in the Sunbelt markets, including Texas, North Carolina and Nashville.

Michael McDonald Dallas BrokerBased on more than 500 nominations received, Connect Media recognized 105 leading commercial real estate brokers, or teams of brokers, in property sales and leasing for this honor. Transactions considered included 2019 total dollar volume, total deal square footage and total number of transactions.

Mike’s notable transactions in 2019 include some of the most significant property sales in their respective markets. His sale of 1900 Pearl in Dallas for $183 million set a new price-per-square-foot record in the city, at $700 PSF. The tower was sold in an all-cash transaction to a state pension fund.

In Austin, Texas, Mike worked on the disposition of Chase Tower, which sold for $240 million transaction to an Australian Pension Fund. It was the fund’s first acquisition in the State of Texas.

In Charlotte, North Carolina, he marketed and sold Bank of America Tower at Legacy Union, one of the most recognizable towers in the city. The property sold for $450 million to a public REIT in an all-equity transaction that set the record for the largest deal ever done in the Carolinas.

Lastly, Mike also worked on the sale of KPMG Plaza in Dallas. The $260 million transaction set the cap rate record in the State of Texas as the tower went to a high-net-worth Spanish investor.

Congratulations Mike!


Related Insights

Atlanta Food Hall
Article • Retail

ATLANTA - The Rise of Food Halls

The national food hall trend is in full swing. Learn how the trend is impacting Atlanta.

David Smith • 7/16/2019
Atlanta Healthcare Trends
Article • Medical

ATLANTA - Healthcare Trends

The medical office market in Atlanta has seen tremendous growth throughout the past five years, with the MOB inventory growing by over 1.6 million square feet.
10/8/2019
Internal Warehouse Construction
Article • Industrial

ATLANTA - Industrial Construction: Rents Rise

The manufacturing and construction industries has led to the strongest run of success the Atlanta industrial real estate market has seen in the 21st century, and its continued success.
6/12/2019

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.