PHOENIX – Eric J. Wichterman, executive vice president in the Capital Markets Group at Cassidy Turley Arizona was honored as the 2013 Broker of the Year by AZRE: Arizona Commercial Real Estate magazine at their annual Real Estate and Development (RED) Awards. A committee of business and real estate professionals selected Wichterman as the Individual Broker of the Year in the Sales group acknowledging that in 2012 he outpaced all competitive commercial brokerage individuals in the sales category. From January 1st to December 31st 2012, he completed 23 investment sales totaling 2,655,448 SF with a total consideration of nearly $150 million. This is the second time in three years that Wichterman has been honored with this award. He previously won in 2011. The awards were announced on February 27nd at the Arizona Biltmore.
“Eric Wichterman is consistently one of the leading Investment brokers in Arizona,” according to Bryon R. Carney, President and Managing Partner with Cassidy Turley Arizona. “His foresight into the market and his unwillingness to settle for doing things status-quo, gives his clients a distinct advantage.” Over the past year Eric implemented a unique business plan addressing lender-owned and underperforming and distressed buildings to recover attainable value rapidly by directing leasing teams, architects and contractors directly as if he were the asset manager. Eric's efforts significantly increased overall value of a substantial portion of projects he touched
In the past fifteen years Wichterman has completed over 310 investment sales transactions for a total consideration of over $1.6 billion. He is a member of Cassidy Turley's National Distressed Assets Practice Group and the Institutional Services Group. Wichterman is a licensed CCIM and a member for NAIOP and ULI. He has been recognized as the Overall Top Producer at Cassidy Turley Arizona 10 times, including the last three consecutive years of 2010, 2011 and 2012.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley provides regional real estate services with local market leader Cassidy Turley Arizona. The company offers brokerage investment and advisory services in office, industrial, retail, multi-family, land and property management. The firm has completed nearly $10.7 billion in transactions since 2003 and was the No. 1 ranked Commercial Real Estate Brokerage Company in the Phoenix Business Journal’s 2010 and 2012 Book of Lists. For more information on Cassidy Turley Arizona visit www.ctarizona.com or call 602.954.9000.