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Cushman & Wakefield’s Industrial Advisory Group Expands Northern California Industrial Capital Markets Team with Addition of Melinda Marino

Business

Cushman & Wakefield’s Industrial Advisory Group Expands Northern California Industrial Capital Markets Team with Addition of Melinda Marino
Business

Business

Cushman & Wakefield’s Industrial Advisory Group Expands Northern California Industrial Capital Markets Team with Addition of Melinda Marino

2026-07-30 00:17 Last Updated At:00:30

NEW YORK--(BUSINESS WIRE)--Jul 29, 2026--

Cushman & Wakefield (NYSE: CWK) announced today that the real estate services firm has expanded its premier National Industrial Advisory Group with the addition of Melinda Marino as Managing Director, who will be located in Northern California.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260729269401/en/

Led by Executive Vice Chairs Jeff Chiate and Rick Ellison, Cushman & Wakefield’s National Industrial Advisory Group—West serves the capital markets needs of institutional and private capital industrial owners in six western U.S. states, comprising California, Oregon, Washington, Nevada, Utah, and Idaho.

“This strategic expansion reflects our commitment to providing clients with local expertise and deep market knowledge in the competitive Northern California industrial sector,” Rick Ellison, Executive Vice Chair at Cushman & Wakefield. “Melinda’s track record, combined with our integrated platform, enhances our ability to execute complex investment sales and deliver superior outcomes for investors and developers navigating dynamic market conditions.”

Marino joins Cushman & Wakefield from JLL, where she advised clients on the acquisition, disposition, and capitalization of industrial real estate assets throughout Northern California. She will join forces with the established Southern California industrial investment sales team, and together this expanded team will deliver comprehensive advisory and transaction services to institutional and private clients throughout the region.

Based in San Francisco, Marino will cover industrial and land development site transactions across Northern California, including San Francisco, Silicon Valley, Oakland/East Bay and the North Bay, as well as the California Central Valley and Bakersfield.

"Northern California's industrial market represents one of the most compelling capital markets opportunities in the country, driven by strong fundamentals, constrained supply and sustained investor demand,” said Marino. “I am excited to join a platform that brings unparalleled resources, deep client relationships and a truly integrated approach to delivering superior outcomes. Together, we are well-positioned to provide institutional and private investors with the sharp insight and creative transaction strategies needed to navigate this dynamic market with confidence."

Cushman & Wakefield's Industrial Advisory Group is a nationwide team of experienced industrial capital markets advisors and support specialists across the U.S. The Industrial Advisory Group collaborates to offer seamless tailored advisory and transaction services, helping investors efficiently achieve their financial goals for individual industrial assets and large portfolios. Leveraging the firm's scale, data driven insights and deep expertise across industrial sectors—including logistics, warehousing, and manufacturing—the group provides a full suite of services, from investment sales and acquisitions to joint ventures, recapitalizations, and private placements.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

Melinda Marino

Melinda Marino

SAN JOSE, Calif. (AP) — San Jose Sharks superstar Macklin Celebrini signed a five-year, $94 million extension Wednesday that will make him the highest-paid player in the NHL.

Celebrini had one year remaining on his three-year, $2.925 million entry-level contract before signing the deal that keeps him locked up with the Sharks through the 2031-32 season.

The $18.8 million average annual value of the deal that Celebrini reached with general manager Mike Grier and owner Hasso Plattner is the richest in NHL history, topping the $18 million a year Leo Carlsson got when Anaheim matched a five-year offer sheet from Philadelphia.

“We wanted to make sure Mack felt valued here and he was compensated fairly,” Grier said. “In our eyes, he’s the best young player in the league. So we felt like we wanted to pay him an amount that was commiserate with that. He was willing to take a little bit less to leave us some flexibility, so we can keep building out the roster as we go along.”

Celebrini could have signed a deal worth up to about $20.8 million a year, and Grier said Plattner was willing to pay that much if necessary. But Celebrini made clear early in the negotiations that he was willing to take a little less to make sure the Sharks had the flexibility to build a championship roster around him.

“That meant a lot to me,” Grier said. "He showed his faith and his commitment to the organization, and him wanting to be here and be successful here. It was pretty important and pretty cool for me to hear that from such a young player having that maturity.”

Celebrini, who turned 20 in June, has established himself as one of the game's top young stars since being picked first overall by San Jose in 2024. His 178 points are the fifth most for a teenager and his 70 career goals are seventh best for a player before turning 20.

Celebrini had 45 goals and 70 assists last season, with his 115 points breaking Joe Thornton’s franchise record of 114 set in 2006-07 and trailing Wayne Gretzky (137 in 1979-80) and Sidney Crosby (120 in 2006-07) for the most in a season for a player before turning 20.

“I couldn’t be happier to sign an extension today,” Celebrini said in a statement. “The faith and support that Mr. Plattner, Mike Grier and the entire staff have shown me throughout the past two seasons is proof that we are building something special here. My teammates and I are ready to take another step toward the ultimate goal of bringing a Stanley Cup to this city and its incredible fans. I can’t wait to get going.”

He had the 10th most points ever for a player who missed the playoffs, recording a point on 46.2% of San Jose goals for the second-best rate in the league behind Connor McDavid (48/9%) and the best ever for a teenager.

He also was the leading goal scorer in the Olympics, with five goals to help Canada win the silver medal.

Grier said he had no hesitation giving a young player like Celebrini so much money, saying he followed advice he got from his late father, Bobby, and brother, Chris, who were both longtime executives in the NFL.

“If you’re going to do a long-term extension with someone and pay them a lot of money, you’ve got to bet on the person first and foremost,” Grier said. “In this case, I think you couldn’t bet on a better kid than Mack. If it does anything, it’ll motivate him just to be even better than he already is. But I don’t think it will change him at all.”

Despite Celebrini's exploits, the Sharks still missed the playoffs for the seventh straight season. They improved by 34 points for the 10th best single-season jump in the last 30 years but landed four points out of the playoffs.

Celebrini is part of a strong young core in San Jose alongside fellow promising players like Michael Misa, Will Smith, Igor Chernyshov and Sam Dickinson. The Sharks added even more young talent this offseason with three first-round picks headlined by Swedish left winger Ivar Stenberg at No. 2 overall. They also added North Dakota defenseman Keaton Verhoeff at No. 9 and WHL Vancouver play-making defenseman Ryan Lin at No. 21.

Grier also brought in veteran reinforcements at the start of the offseason, trading for defenseman Darnell Nurse and signing defenseman Jacob Trouba and forward Mason Marchment.

AP NHL: https://apnews.com/hub/nhl

FILE - San Jose Sharks center Macklin Celebrini, right, talks with goaltender Yaroslav Askarov during the third period of an NHL hockey game against the Anaheim Ducks, April 9, 2026, in Anaheim, Calif. (AP Photo/Ryan Sun, File)

FILE - San Jose Sharks center Macklin Celebrini, right, talks with goaltender Yaroslav Askarov during the third period of an NHL hockey game against the Anaheim Ducks, April 9, 2026, in Anaheim, Calif. (AP Photo/Ryan Sun, File)

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