Cushman & Wakefield Hires New Texas Managing Principal

Industry veteran Chris Hipps has joined real estate services giant Cushman & Wakefield as Texas Managing Principal based in Dallas. He will start on Jan. 2.

The firm said that Hipps will lead Cushman & Wakefield’s advisory professionals across Texas as the company further grows, refines, and integrates client services; develops new business; and continues to add top talent.

“Chris’s leadership and experience position Cushman & Wakefield to flourish in Texas, and we’re excited he’s joining our team,” Victoria Malkin, Cushman & Wakefield regional president, Central Region, said in a statement. “His addition is a further example of our commitment to Texas and its importance as a global commercial real estate and economic powerhouse. What’s more, Chris is dedicated to strategic growth both organically and through attracting elite talent. Cushman & Wakefield has a long and storied history in Texas, and Chris is the ideal person to lead us into the next chapter.”

Hipps said that he sees opportunities in leading the Texas market.

“As the state continues its historical growth trajectory, we have a real opportunity to expand Cushman & Wakefield’s impact across Texas,” Hipps said in a statement. “Each market across the state is unique and offers us the chance to differentiate ourselves. With the industry-leading-talent that we’ve long been known for in Texas—and with those who we will add—we’re well positioned to grow market share and redefine client engagement in the Lone Star State.”

Joins company from CBRE

Hipps comes to Cushman & Wakefield from Dallas-based CBRE, where he was senior managing director of Advisory and Transaction Services, Investor Services, in the Dallas/Fort Worth region, and focused on integrating brokerage, capital markets and asset services to provide comprehensive solutions to both institutional and middle-market clients.

Hipps began his career and spent nearly 25 years with Cadillac Fairview and its successors Prentiss Properties Trust and Brandywine Realty Trust, where his responsibilities included all regional business activities such as acquisitions, dispositions, development, portfolio performance, and leasing and management.

His experience includes expertise in development, investment sales, and operations for a more than $1 billion portfolio across the Southwest and Western United States, Cushman & Wakefield said.

Cushman & Wakefield is a leading global commercial real estate services firm for property owners and occupiers with roughly 52,000 employees in approximately 400 offices and 60 countries.

In 2022, it reported revenue of $10.1 billion across its core services of property, facilities, and project management, leasing, capital markets, and valuation and other services.

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