Devpal Gupta

Dev Gupta is a ExecutiveDirector at Cushman & Wakefield. He is responsible for servicing local clients and national accounts primarily in the Phoenix market and has been with the firm since 1997. Dev joined Equis and opened its Phoenix office in 1997. Since that time, he has completed over 150 transactions ranging in size and scope from 5,000 square feet to 500,000 square feet and involving services from conventional lease analysis, strategic planning, unique build to suit projects, building acquisitions and dispositions. Dev’s specialties include office and industrial leasing, dispositions, relocations, renewals and acquisitions. Dev possesses extensive experience with managing and implementing transactions for diverse national portfolios, or large one-off deals. His particular knowledge of real estate financial issues enable him to proactively manage all types of transactions, minimizing risk, increasing flexibility, and reducing overall occupancy costs. Education/Certifications Bachelor of Science Arizona State University, graduated Suma Cum Laude Key Experience Highlights • MDS Pharma – Assisted in purchasing a 110,000 square foot office facility in Phoenix, AZ. Facilty was going to be used as an early clinical research facility that required overnight stays. • MDS Pharma – Currently marketing a 60,000 square foot office building for sale in Phoenix, AZ • Extreme Integration – Assisted in purchasing a 28,000 square foot office building in Phoenix, AZ. Company needed fiber redundancy, and visibility to South Mountain to be able to install roof antennas. • Extreme Integration – Currently marketing a 28,000 square foot office building for a sale-leaseback in Phoenix, AZ. • Phoenix Pediatrics – Currently in escrow to purchase a 10,000 square foot office building in Phoenix, AZ. • GSA (IRS Phoenix)- 120,000 square feet office lease, Downtown Phoenix, AZ. 10 year lease, agency wanted the space to be contiguous and did not want to wait for a build to suit. Vacancy rates were at 10% and deal was done at 25% below market with turn-key tenant improvements. • GSA (IRS Mesa) – 30,000 square feet office. 10 Year lease, lease was completed with turn key tenant improvements and at 20% below market rents. • GSA (DEA Phoenix) – 56,000 square feet office. 10 Year lease renewal. Agency did not have the funds to relocate but needed $1,000,000, to bring the space to technology compliance. Tenant improvement dollars were obtained from the landlord

• Specialties
  Tenant Rep (Office)
• Languages
  English, Gujarati, Hindi, Punjabi, Swahili, Urdu
• Markets
  Atlanta, Austin, Chicago, Dallas/Ft Worth, Indianapolis, Los Angeles, New York City, Orange County (California), Phoenix, San Diego, San Francisco, Las Vegas, Tucson, Salt Lake City, Albuquerque, Corpus Christi
• Property Types
  Industrial, Land, Office, Retail, Flex
• Awards
  Costar Power Broker 2014, 2015, 2016, 2018
• Websites
  LINKEDIN PROFILE
• Company Website
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