Mr. Jim Fagan

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  www.newstimes.com/ci_12304388 - [Cached Version]
  Published on: 5/8/2009    Last Visited: 5/9/2009  

  Office vacancy rates in the city have doubled, to about 20%, said Jim Fagan, senior managing director of the region for real estate firm Cushman & Wakefield.

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  www.thejournalnews.com/apps/pbcs.dll/article?AID=/20070 - [Cached Version]
  Published on: 7/12/2007    Last Visited: 7/12/2007  

  James C. Fagan, senior managing director at the brokerage, predicted that 10 deals "of significant size" in the markets would be signed in the next one to two months.
  
  Westchester saw two significant sales in the first half of the year.
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  Fagan said $50 rates are possible this year.In Stamford, some top properties are getting $60 a square foot.

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  www.westport-news.com/ci_11469781 - [Cached Version]
  Published on: 1/16/2009    Last Visited: 1/16/2009  

  Jim Fagan, senior managing director at Cushman & Wakefield's Stamford office, echoed McCarthy's concerns about the immediate future of the commercial real estate market.
  
  "In 2006 to 2007, we were seeing 3.5 million square feet of [leasing] activity," Fagan said. "In 2008, we did 2 million square feet, and in late 2008, 1 million square feet came on the market for sublease. We did 70 sales in 2006 to 2007. In 2008, we did about 20 percent of that. The bad news, in terms of leasing and subleasing is contained to Greenwich and Stamford because that's where financial services is concentrated."
  
  In Bridgeport, however, the future of office rentals is bleak, said Fagan, part of a three-person panel.
  
  "Bridgeport will have tough sledding for commercial office space," Fagan said. "Historically, Bridgeport has not been a great place to invest. It had only 30,000 square feet of leasing activity in 2008."
  
  Construction of the Royal Bank of Scotland's regional headquarters in Stamford continues to forge ahead, as well as Building and Land Technology's Harbor Point development in the city's South End.
  
  In response to a question from the audience, Fagan said the proposed I-95/Route 7 commercial and residential development planned for Norwalk could face challenges because of the need for costly infrastructure improvements.
  
  "In this market, you need a lot of fortitude," he said.

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  internetcommunications.tmcnet.com/news/2008/01/05/31962 - [Cached Version]
  Published on: 1/5/2008    Last Visited: 1/5/2008  

  Building & Land avoided the high cost of new construction, especially concrete and steel, by purchasing the Xerox building, said Jim Fagan, senior managing director of the Fairfield County and Westchester County, N.Y., operations of New York City-based Cushman & Wakefield Inc. commercial real estate.

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  dev-www.cbre.com/US/CT/Stamford/pprofile/jfagan.htm - [Cached Version]
  Published on: 6/8/2004    Last Visited: 6/8/2004  

  Jim FaganSenior Managing Director
  ...
  Mr. Fagan is a Senior Managing Director of CB Richard Ellis.He has oversight responsibility for all of CB Richard Ellis' operations in New Jersey, Long Island, Westchester County, NY, and southern Connecticut.He joined CB Richard Ellis, Inc., in 1983 to specialize in the area of investment properties.Some of the awards Mr. Fagan earned in his career at CB Richard Ellis include:
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  Mr. Fagan resides in Connecticut with his wife and four children.
  
  James C. Fagan
  
  Senior Managing Director

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  www.stamfordadvocate.com/ci_13603629 - [Cached Version]
  Published on: 10/20/2009    Last Visited: 10/21/2009  

  "The tenants (of the Financial Centre) are making other plans," said Jim Fagan, senior managing director and had of Cushman & Wakefield's Fairfield and Westchester County Region.
  
  Other landlords are taking advantage, he said, but they must offer updated accommodations to attract tenants.

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  www.remodeling.hw.net/industry-news.asp?sectionID=149&a - [Cached Version]
  Published on: 4/7/2008    Last Visited: 5/12/2008  

  "In July (2007), you might buy a property and put down less than 10 percent," said Jim Fagan, senior managing director of Cushman & Wakefield of Connecticut Inc."Today you are putting down 25 percent to 30 percent."
  
  Two commercial buildings totaling 400,000 square feet of space for multiple tenants are currently under construction in Fairfield County, and Royal Bank of Scotland is building a new regional office in Stamford.
  
  While several more projects are in the planning phases, those deals are dependent on developers finalizing construction loans.
  
  "I think it's going to be hard for some projects to get out of the ground, but we knew that was going to be happening anyway due to the price of commodities," Fagan said.
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  For the time being, Fagan and Gioia both noted that Fairfield County and Connecticut avoided the overheated construction pace of the early 1990s, which should help assuage any collapse in building values that in turn could discourage new building.
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  Fagan estimated that the county has increased its office inventory a mere 8 percent since that period.

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  www.greenwichtime.com/ci_11412733 - [Cached Version]
  Published on: 1/9/2009    Last Visited: 1/9/2009  

  Jim Fagan, senior managing director at Cushman & Wakefield's Stamford office, echoed McCarthy's concerns about the immediate future of the commercial real estate market.
  
  "In 2006 to 2007, we were seeing 3.5 million square feet of (leasing) activity," Fagan said. "In 2008, we did 2 million square feet, and in late 2008, 1 million square feet came on the market for sublease. We did 70 sales in 2006 to 2007. In 2008, we did about 20 percent of that."
  
  "The bad news, in terms of leasing and subleasing, is contained to Greenwich and Stamford because that's where financial services is concentrated," Fagan said, adding that the eastern part of the market is faring better.
  
  In Bridgeport, however, the future of office rentals is bleak, said Fagan, part of a three-person panel.
  
  "Bridgeport will have tough sledding for commercial office space," Fagan said. "Historically, Bridgeport has not been a great place to invest. It had only 30,000 square feet of leasing activity in 2008."
  
  Construction of the Royal Bank of Scotland's regional headquarters in Stamford continues to forge ahead, as well as Building and Land Technology's Harbor Point development in the city's South End.
  
  In response to a question from the audience, Fagan said the proposed 95/7 commercial and residential development planned for Norwalk could face challenges because of the need for costly infrastructure improvements.
  
  "In this market, you need a lot of fortitude," he said.

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  www.dariennews-review.com/local/ci_9982548 - [Cached Version]
  Published on: 7/24/2008    Last Visited: 7/24/2008  

  "We are in a whipsaw of an economic environment where tenants for the most part are taking a wait-and-see approach toward committing to new space," said Jim Fagan, senior managing director and head of Cushman & Wakefield's Fairfield-West­chester County region.
  ...
  "The trend is worrisome," Fagan said.

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  www.latimes.com/business/la-fi-greenwich29-2008may29,0, - [Cached Version]
  Published on: 1/1/2008    Last Visited: 5/30/2008  

  The commercial market in Greenwich remains "pretty darn healthy," but "there might be a slight bloom off the rose," said Jim Fagan, a senior managing director at real estate firm Cushman & Wakefield.

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