TEACHING AND LEARNING

CB Richard Ellis' accomplished Todd Lippman recently was named vice chairman, but that doesn't mean he knows it all. Todd tells us his favorite part of the job is that he learns something new with every lease. Beginning his career at Rubloff  22 years ago and leaving to co-found Goldie B. Wolfe & Company and then selling the firm to Insignia (which was purchased by CBRE in 2003), Todd has always been an office tenant rep, but has carried his work ethic and sense of adventure across the country representing law firms and companies of all sizes. At CBRE, he's enjoying the chance to teach young brokers as they come into and mature in the business.

Todd spends his Tuesday afternoons with CBRE's newer brokers, combing over aspects as small as a single clause in a lease. He says now is a great time to get into the industry: “Your first two years should be like getting an MBA; you should spend every spare moment learning every detail of the transaction process and the real estate market.” Having been through a few recessions himself, Todd says every one is different, but ultimately, as soon as you think things are never going to get better, they do. He anticipates 2010 will be a good year for tenants looking to evaluate their space.

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