Gregg Wassmansdorf is truly in a class of his own.
Wassmansdorf is one of eight new professionals, and the first Canadian member, inducted into the Site Selectors Guild.
The guild’s global network of professionals aid corporations and economic development organizations in their site selection decisions.
International advisory based in GTA
Wassmansdorf works out of Newmark Knight Frank Devencore’s Greater Toronto Area West office and aids real estate services companies across North America and beyond.
“It is an honour to be appointed to such a renowned group of business location experts and corporate consultants, especially at this moment when I’m working on some fascinating international and foreign direct investment projects,” Wassmansdorf, a dual Canadian and American citizen, said in a statement.
“In my line of work, I share my cross-border experience with my clients and I hope to bring a unique perspective to my esteemed colleagues at the guild.”
Allan Schaffer, president/broker of record of Newmark Knight Frank Devencore’s Toronto office, was delighted to see Wassmansdorf’s experience and talent recognized by his peers.
“Gregg has helped our Global Corporate Services group develop into one of the strongest on the continent,” Schaffer said in a statement.
Since joining the real estate brokerage and consulting industry in 1999, Wassmansdorf has been an adviser to major corporate clients and mid-size companies in the U.S., Canada, Mexico and countries in South America, Europe and Asia.
Wassmansdorf, who joined Newmark Knight Frank Devencore in 2013 and currently serves as senior managing director of consulting, is in good company. The other seven new guild inductees are mostly directors and principals in large, global firms and have extensive experience in site selection work.
Among them are Jeannette Goldsmith, who heads up her own site location consulting agency and specializes in the office, aerospace, advanced materials and energy sectors; and John Sisson, principal at Global Location Strategies, who has completed hundreds of site selection assignments for clients with a total investment value exceeding $15 billion.
The Site Selectors Guild’s annual conference just concluded in Denver. The keynote speaker was author and commentator Joel Kotkin, the author of The Next Hundred Million: America in 2050. The book examines how the U.S. will evolve over the next four decades.
Site selector’s extensive influence
The Denver Business Journal notes the conference may well be the year’s most important meeting, with Ed Sealover reporting that the 34 site selectors secure deals that sometimes bring “hundreds of millions of dollars in economic impact to a city or state.”
The paper notes that about 3,000 such deals are done annually with the site selectors responsible for more than 10 per cent of them.
Approximately 300 people were expected to attend, including economic development professionals from other cities “wanting to get face time with them as well,” the paper reported.
Newmark Knight Frank Devencore is Canada’s largest corporate real estate advisor and brokerage, representing corporate, industrial and retail space users.