Savills Hires McCaffery Real Estate Pro for DC Office
By Christina sturdivant-Sani June 10, 2019 2:56 pm
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Savills has hired Roy Cameron as a senior managing director responsible for expanding the firm’s retail services platform, according to a press release from the global real estate firm. He has begun working out of the D.C. office.
Cameron told CO that he joined Savills “because of its exceptional reach, integrated approach and excellent reputation in the commercial real estate industry. The firm’s suite of services and solutions is deep and varied, and I intend to utilize the platform to grow the retail business in Washington, D.C. and throughout the region.”
He has spent the past 11 years as a director of leasing at Chicago-based commercial real estate firm McCaffery, which did not return Commercial Observer’s request for comment. Over the course of his career, Cameron has completed approximately 1 million square feet of transactions, per the release.
“His expertise in delivering value for his impressive roster of clients strengthens our portfolio and greatly benefits existing clients, in addition to creating new opportunities for the firm,” David Lison, a vice chairman at Savills said in prepared statement.
Cameron’s notable transactions in D.C. include representing the seller in Chase Bank’s acquisition of 2825 Wilson Boulevard in January 2018. The deal marked a record-breaking price of $2,000 per square foot, according to the release. He also represented the landlord for Walgreen’s flagship location in D.C.’s Chinatown neighborhood and the landlord for WaWa’s lease at 1222 Wisconsin Avenue NW.
Cameron has also leased several large mixed-use developments such as Lincoln Common in Chicago and the Produce Terminal in Pittsburgh, Pa.
“Today’s retail users are increasingly seeking strategic guidance on how to optimize spaces and assets for enhanced performance and productivity throughout the real estate cycle,” Cameron said in a prepared statement. “Recommending the best strategies begins with understanding precisely what they are facing today, and where they want to be tomorrow. Joining a global powerhouse like Savills gives me the resources I need to deliver smarter, better solutions for my clients.”
