Robert Gibson, the powerful retail broker whose clients include H&M, is leaving CB Richard Ellis for Cushman & Wakefield, two sources said.
CBRE might remain the city’s dominant commercial brokerage, but it appears C&W is making in-roads in eroding its retail group. The defection of CBRE retail brokers to C&W is becoming a well-worn path for many (even if it’s not, say, for the leasing side).
Power brokers Brad Mendelson, David Green and Steven Soutendijk famously left CBRE for C&W in 2004; Justin Stein and Mike Stone left 200 Park Avenue to join C& W in 2005; Alan Schmerzler, who was a manager at CBRE, became a broker for C&W in 2005; and Tani Brown left CBRE to become Cushman & Wakefield’s head of retail services.
A spokeswoman for C&W declined comment.
A spokesman for CBRE would not comment specifically on the departure of Mr. Gibson, but added, “The firm has a powerful team of retail brokerage leaders.”