Tishman Speyer Names New Global Property Manager
Michael Norton, the global property manager at Tishman Speyer, will step down tomorrow and be replaced by Rockefeller Center asset management chief Thomas Madden. Jerry and Rob Speyer, the co-CEOs of the real estate powerhouse, wrote in an internal memo obtained by The Real Deal that “Mike has been with us for over 17 years and has been responsible for our first class property management platform. Leading our global efforts, he has reinforced policies and procedures to ensure consistency of high quality management striving for operational excellence.”
Madden, who previously served as head of global property management before 2000, will return to the role while also maintaining his current Rockefeller Center title. Roughly half of Tishman Speyer's 99M SF international portfolio spans North America, with the rest spread across China (18M SF), India (12M SF), Brazil (10M SF) and Europe (9M SF).