Leadership
Cushman & Wakefield Hires Doug Middleton and Jack Stillwagon to Lead NYC Institutional Capital Markets
By News Desk ·
Key takeaways
- Doug Middleton joins Cushman & Wakefield as Executive Vice Chairman after eight years leading CBRE's Investment Properties Institutional Group in New York City.
- Jack Stillwagon joins as Executive Managing Director, having worked alongside Middleton at CBRE and previously at Waterfall Properties and Atlantic Creek Real Estate Partners.
- Middleton's recent deals include the $455 million sale of 450 Park Avenue and the $510 million sale of 1334 York Avenue.
Cushman & Wakefield hired Doug Middleton and Jack Stillwagon to lead its Institutional Capital Markets business across New York City, the firm said on October 15, 2026. Both join from CBRE, where Middleton spent eight years leading the Investment Properties Institutional Group in New York City. Business Wire published the announcement.
Middleton and Stillwagon Take New York Capital Markets Roles
Middleton joins as Executive Vice Chairman. Before CBRE, he was Director of Investment Sales at Eastdil Secured. His recent transactions include the sales of 450 Park Avenue for $455 million, 1334 York Avenue for $510 million, The Fee at the Palace Hotel for $490 million, 1 Whitehall for $104.5 million, and the recapitalization of the Oriana for $367.5 million.
Stillwagon joins as Executive Managing Director. At CBRE he worked alongside Middleton in the Investment Properties Institutional Group, advising on office, residential and industrial deals and working across all phases of the transaction process. He previously held positions at Waterfall Properties and Atlantic Creek Real Estate Partners.
"New York is essential to Cushman & Wakefield's institutional capital markets strategy," said Miles Treaster, President of Americas Capital Markets at Cushman & Wakefield. "Doug and Jack bring deep transaction experience and client relationships to the firm."
Todd Schwartz, Northeast Regional President at Cushman & Wakefield, said the pair are "trusted advisors who consistently bring thoughtful, strategic thinking to the most complex New York transactions." Middleton said the leadership "has cultivated an exceptional culture in New York City." The two will work with the firm's capital markets teams nationally.
Cushman & Wakefield's Recent Leadership and Funding Moves
Cushman & Wakefield appointed Stephanie Greene, formerly Global Head of Sustainability Advisory at CBRE, as Chief Sustainability Officer and Global Head of Sustainability Services in June 2026, according to akta.pro company records. The same records show the firm amended its credit agreement that month, upsizing its term loan by $353 million to $1.2 billion, securing a 50 basis point pricing reduction to Term SOFR + 2.25%, extending maturity to 2033, and redeeming $350 million of 6.75% Senior Secured Notes due 2028.
Earlier Cushman & Wakefield Appointments
On October 14, 2026, Cushman & Wakefield appointed Marzia Giuliani as head of business enablement Italy, overseeing strategic marketing, communications and commercial positioning to support growth across Italy, The future of trading reported. In May 2026, the firm created the Data Science & Geospatial Analytics function within its Quantitative Insights Group and hired Dr. Miguel A., according to akta.pro company records.
Cushman & Wakefield's Next Steps
No dated next steps were stated in the announcement.