John S. Isaacs is an Executive Vice President in CBRE's Midtown Manhattan office. Prior to joining CBRE, Mr. Isaacs established himself as one of Cushman & Wakefield's top producers during his seven-year tenure. During his 24 years in the commercial real estate industry, Mr. Isaacs has successfully arranged over 26 million square feet of transactions, representing a wide range of public and private corporations and owners in multifaceted assignments in the NY metropolitan area and throughout the U.S. In 2009 he was recognized as one of the top 100 producers worldwide and awarded the CBRE Coldwell Colbert Circle designation.
Significant transactions include most recently (2010) completing a 75,000-sq.-ft. transaction on behalf of New York University at 180 Varick Street to accommodate NYU Langone Medical Center’s expansion of their lab and office space. In 2009 he completed a 100,000-sq.-ft. transaction on behalf of ImClone Systems Inc., a wholly owned subsidiary of Eli Lilly & Co., as the anchor tenant in East River Science Park, the first world-class research and laboratory development in NYC. He has represented ImClone since 2001, overseeing a strategic portfolio review and implementation of the firm's headquarters/research & development facilities. Projects included a 20-year lease and build-to-suit for a 100,000-sq.-ft., state-of-the-art research facility at 325 Spring Street; a 55,000-sq.-ft. long-term lease of an additional building on ImClone’s campus in Branchburg, New Jersey; and a 66,000-sq.-ft. headquarters lease at 180 Varick Street in New York City. He was awarded a national exclusive with IDS USA, a subsidiary of Hong Kong based Li & Fung Group to expand a 3 million-sq.-ft. portfolio throughout the U.S. In 2009, on behalf of IDS, he completed 1.8 million sq. ft. of transactions in Mira Loma and Chino, CA, the largest transactions in that state. In 2008, he was awarded Most Creative Deal of the year by SL Green Realty Corp. for a transaction on behalf of RSM McGladrey in NYC, where he simultaneously structured a 164,700-sq.-ft. renewal & expansion at 1185 Avenue of the Americas while also disposing of 51,000 sq. ft for McGladrey at 750 Third Avenue.
Mr. Isaacs also recently completed a series of transactions representing Cole Haan (Nike Inc.) in a three-part assignment relocating their corporate headquarters to NYC, selling their 85,000-sq.-ft. corporate headquarters in Yarmouth, ME., and selling their 375,000-sq.-ft. distribution center in Greenland, NH. He was retained by Pernod Ricard USA to oversee the consolidation of its offices nationally as well as its new 85,000-sq.-ft. headquarters in Westchester, NY, due to the $14 billion acquisition of Allied Domecq. He has represented Vestar Capital Partners, a global private equity firm, since its founding in 1988 in numerous transactions for its headquarters at 245 Park Avenue as well as several of Vestar’s portfolio companies.
He developed and implemented a simultaneous headquarters relocation and disposition strategy for PB Capital Corporation (a subsidiary of Deutsche Postbank AG) for 42,000 sq. ft. at 230 Park Avenue and 36,000 sq. ft. at 590 Madison Avenue. He has represented PB Capital since 1994, arranged over 200,000 sq. ft. of transactions and recently (2009) lead a team that was awarded the assignment to sell the Watergate Hotel in Washington, DC. Mr. Isaacs has represented Salvatore Ferragamo, another long-term client, for 15 years. Transactions include the purchase of a 125,000-sq.-ft. facility in Secaucus, New Jersey, and the leasing of Ferragamo’s 150,000-sq.-ft. headquarters at 663 Fifth Avenue.
On the ownership side, Mr. Isaacs oversaw the leasing and redevelopment of 430 Park Avenue, a 280,000-sq.-ft. trophy asset; represented 1166 Avenue of the Americas in its 556,000-sq.-ft. lease with Chase Manhattan Bank, a transaction valued at nearly $500 million; and acted as account executive for 10 East 53rd Street, a 350,000-sq.-ft. property where he negotiated the restructuring of HarperCollins Publishers’ 200,000-sq.-ft. lease.