Oliver Walsh

GREAT ADVICE

 

Donald Preate

Executive Director, Cushman & Wakefield Inc.

 

In real estate, it’s all about location, location, location. For commercial realty guru Donald Preate, it’s also about integrity, integrity, integrity. Here, his advice.

 

The best business advice I’ve ever received is…

Invest your time and effort into building long-term relationships based on trust and integrity.

 

The best real estate advice I’ve ever received is…

To be able to walk away at any moment. In other words, you must possess viable alternatives at all times.

 

I’m most proud of…

Refusing to compromise my integrity to achieve success in an ultra competitive, high-stakes commercial industry.

 

Never be afraid of…

Failure. Only be afraid of not trying your best.

 

Location, space or size – what’s most important to a new business?

All three are critical, but location is most important if you are a retail tenant.

 

The next big thing in real estate…

The trend towards smaller private offices and a more open and collaborative work environment will continue.