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Cushman & Wakefield has announced the appointment of Marc Magazine as Executive Director, specializing in investment sales. He brings over 40 years of experience in the hospitality industry and a track record of completing more than $5 billion worth of hotel transactions. Magazine will join Cushman & Wakefield’s Hospitality Group, which was established to enhance the firm’s presence in this sector.

Based out of Washington D.C., Magazine will focus on the Mid-Atlantic region. He previously worked at Savills where he co-led their U.S Hotel Group with Tom Baker before his passing.

Since joining Cushman & Wakefield earlier this year, Magazine and his team have already achieved impressive results with a sales volume exceeding $57.4 million and an additional $110 million currently under agreement.

The latest addition to C&W’s Hospitality Group is set to further strengthen their position as leaders in this market segment.