Feb 8, 2024
Real Estate Powerhouse Darcy Stacom Exits CBRE After 19 Years to Start Stacom CRE
In a bold move set to shake up the real estate industry, Darcy Stacom, a prominent figure among New York's top investment-sales brokers, has departed CBRE to embark on a new chapter of her career.
Traded Editorial
In a bold move set to shake up the real estate industry, Darcy Stacom, a prominent figure among New York's top investment-sales brokers, has departed CBRE to embark on a new chapter of her career. The seasoned veteran, boasting an impressive 44-year tenure, has joined forces with her longtime partner in business, William M. Shanahan, to establish their own boutique brokerage firm under the name Stacom CRE.
Stacom's rise to prominence began in 2002 when she made her mark at CBRE after an instrumental stint at Cushman & Wakefield. Her arrival at CBRE came hot off the heels of an extraordinary accomplishment at Cushman & Wakefield, where, in 2001, she and Shanahan were instrumental in overseeing property sales amounting to an astounding $1 billion - a feat that cemented their reputation as industry powerhouses. Stacom initially joined Cushman in 1980, laying the foundation for her remarkable career trajectory.
Behind the Scenes of Manhattan's Real Estate Giants
Step into the dynamic world of real estate in Manhattan, where a trailblazing professional has orchestrated over $150 billion worth of property transactions. Among her astounding achievements lies the monumental sale of the Stuyvesant Town/Peter Cooper Village apartment complex, a multi-billion dollar deal that forever left its mark in history. With a price tag of an astonishing $5.3 billion, this transaction, masterfully handled by a property virtuoso, proved to be the largest single real estate asset sale ever recorded. The proud new owner of this iconic complex? None other than the esteemed Blackstone Group, sealing the deal in 2015.
In addition to this groundbreaking feat, our skilled master of real estate also facilitated the sensational 2008 sale of a portfolio encompassing four prestigious office buildings. Crafted at a value of $3.95 billion, this remarkable deal showcased the remarkable intersection of vision and financial prowess. Among the crown jewels of this portfolio was the illustrious GM Building, an architectural gem that graces the heart of Manhattan at 767 Fifth Ave. With its awe-inspiring grandeur, this iconic structure alone commanded an astonishing value of $2.8 billion. A venture spearheaded by Boston Properties seized this golden opportunity, securing its position as a lasting symbol of success.
Unwavering in her dedication to the world of real estate, our exceptional professional achieved yet another triumph, skillfully navigating a sale that would make headlines. The 2.3 million-square-foot office behemoth known as 11 Madison Ave. played center stage in this remarkable transaction, valued at an eye-watering $2.29 billion. SL Green Realty Corp emerged as the triumphant buyer, while our real estate connoisseur deftly guided the intricate dance of negotiation and closing.
A Force to be Reckoned With in the Real Estate Industry
With an impressive track record that speaks for itself, Stacom has consistently proven her prowess in investment sales at CBRE, earning the title of the company's top professional in the Americas an astounding eight times. Her exceptional performance has consistently placed her among the top 1 percent of producers in the Americas.
Now, Stacom CRE is set to revolutionize the brokerage services landscape. Not only will they provide traditional brokerage services, but they will also offer invaluable expertise in ground-lease negotiations and other advisory services. With Stacom CRE, clients can expect a level of excellence and insight that is unparalleled in the industry.
A New Era for Commercial Real Estate in New York and Beyond
The landscape of commercial real estate is undergoing a remarkable transformation in New York City and across the globe. Amidst this dynamic shift, a unique opportunity emerges for a nimble boutique advisory firm specializing in this ever-evolving sector. In the midst of changing tides, this enterprising firm can carve its niche and make a lasting impact.