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9/10/18
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Michael Taquino and Kyle Kovac have joined CBRE Group Inc as Executive Vice Presidents of Capital Markets in the firm’s downtown San Francisco office. The duo joins CBRE after a six-year stint at Newmark Knight Frank where they catapulted into two of the most recognized and respected capital markets professionals in San Francisco. They will join CBRE’s veteran Bay Area team of Russ Ingrum, Brad Zampa, Joe Moriarty and Scott Prosser.
Kyle and Mike have been among the most active brokers in the sale of office buildings, office and residential development sites and high street retail in San Francisco. In fact, since the beginning of 2017, their team is responsible for an approximately 40% market share in the sale of San Francisco office buildings in the $25 to $150 mil range, including 901 Battery Street, 240 Stockton Street, 220 Post Street, 3180 18th Street and 332 Pine Street among many more, earning them the recognition as San Francisco Business Times’ 2017 Broker of the Year. Also during this cycle, the team has sold the majority of the Central SoMa office development sites including 500 Townsend Street, 505 Brannan, 333 Brannan Street and the San Francisco Tennis Club.
In addition to their listing business, the team has developed a reputation for helping their clients source off-market deals. Kyle and Mike sourced nine of the 16 off-market office buildings to sell for over $25 mil in the past three years in San Francisco. Recently their team has expanded their business into Oakland with multiple new listings including their recent 120k sf assignment at Latham Square on behalf of Bentall Kennedy. With 28 years of combined experience, Mike and Kyle have already sold in excess of $10 bil of product.
Taquino returns to CBRE from his role as executive managing director at NKF Capital Markets. Taquino began his real estate career at CBRE in 2003, working in the commercial appraisal division in San Francisco and focusing on the valuation of multifamily, office, industrial and retail assets across the San Francisco Bay Area. He graduated from the University of Arizona with a degree in economics.
Kovac joins CBRE from NKF Capital Markets, where he served as executive managing director specializing in the disposition of office and land in San Francisco and Oakland. Previously, Kovac worked at Grubb & Ellis in San Francisco as a Vice President. He majored in business economics and law and society at the University of California, Santa Barbara.
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