Three Boston real estate veterans make a big move
The merry-go-round of Boston’s real estate brokerage business continues.
This time, it’s industry veterans Joe Fallon, Brian Hines, and Chuck O’Connor jumping from Cushman & Wakefield to industry heavyweight CBRE. By most measures, Fallon has long been the city’s leading life-science broker, while Hines focuses on suburban deals, and O’Connor represents downtown tenants. They’ll do more or less the same thing in their new jobs, but will be working on the platform afforded by the nation’s biggest commercial real estate firm.
“We are thrilled to be joining what is widely regarded as the best real estate firm globally, as well as here in the metro Boston area,” Fallon said in a statement.
The three men have been partners for three decades, working at a variety of firms — as brokers often do — including their own FHO Partners. In recent years, Fallon had been executive vice chairman for New England at Cushman, until CBRE, which has grown rapidly here in recent years, came calling.
“Joe, Brian, and Chuck are commercial real estate icons in Boston,” said CBRE vice chairman Steve Purpura, who himself brought a 48-person team of brokers from Transwestern last year. “We couldn’t be happier to have them join us.”