Stephen Sjurset
Executive Vice President
Professional Experience
Associated Office
Contact
Focusing on retail, account-based work for Occupiers throughout the New York Tri-State Region, Stephen Sjurset is an Executive Vice President of CBRE’s Advisory & Transaction Services Group. A 20-year veteran in retail leasing, Stephen has established a reputation as one of the top Tenant Rep advisors in the industry.
Stephen’s portfolio work on behalf retailers spans over 2.2 million square feet across 490+ deals, valued at $4.23 Billion -- since 2011. Additionally, his portfolio optimization and restructuring strategy work on behalf of retailers has translated into $100+ million in rent savings and cost avoidance over 150+ transactions.
The impact of Stephen’s work is wide-ranging, from global flagships along Fifth, Madison and Soho to milestone openings for new store concepts to the design and implementation of strategic market entry programs, all within the New York Tri-State Region.
Stephen’s client list touches every sector of the retail industry placing him at the center of retail activity throughout neighborhoods across New York City. Clients seek his expertise from all sectors of retail, from Financial Services and Fashion to F&B, Fitness and Grocery, each leveraging his local market knowledge and portfolio minded strategies. His work includes exclusively representing a select group of market-leading retailers, including Bank of America, CorePower Yoga, Five Guys, Herschel, Lidl, Lovepop, Mount Sinai, One Medical, Saatva, TD Bank, Tend, The Body Shop and Tumi -- many relationships spanning the past decade.
Recent occupier portfolio programs include market entry strategy and execution for brands such as Tend, One Medical, CorePower Yoga and Modern Age. Earlier in Stephen’s career, he had the opportunity to reposition retail space for Lincoln Center, Blackstone, The Hearst Corporation, Conde Nast, Morgan Stanley and was the exclusive retail advisor for Goldman Sachs.
A leader in the retail real estate community, Stephen is active with REBNY and ICSC, having previously co-founded NY ICSC’s Next Generation Program. The CBRE platform often leverages his retail knowledge as it relates to public relations, research data, market intel and capital markets. Stephen was elected to CBRE’s National Retail Advisory Board as founding member and currently sits on their Americas Digital Advisory Council.
Stephen’s portfolio work on behalf retailers spans over 2.2 million square feet across 490+ deals, valued at $4.23 Billion -- since 2011. Additionally, his portfolio optimization and restructuring strategy work on behalf of retailers has translated into $100+ million in rent savings and cost avoidance over 150+ transactions.
The impact of Stephen’s work is wide-ranging, from global flagships along Fifth, Madison and Soho to milestone openings for new store concepts to the design and implementation of strategic market entry programs, all within the New York Tri-State Region.
Stephen’s client list touches every sector of the retail industry placing him at the center of retail activity throughout neighborhoods across New York City. Clients seek his expertise from all sectors of retail, from Financial Services and Fashion to F&B, Fitness and Grocery, each leveraging his local market knowledge and portfolio minded strategies. His work includes exclusively representing a select group of market-leading retailers, including Bank of America, CorePower Yoga, Five Guys, Herschel, Lidl, Lovepop, Mount Sinai, One Medical, Saatva, TD Bank, Tend, The Body Shop and Tumi -- many relationships spanning the past decade.
Recent occupier portfolio programs include market entry strategy and execution for brands such as Tend, One Medical, CorePower Yoga and Modern Age. Earlier in Stephen’s career, he had the opportunity to reposition retail space for Lincoln Center, Blackstone, The Hearst Corporation, Conde Nast, Morgan Stanley and was the exclusive retail advisor for Goldman Sachs.
A leader in the retail real estate community, Stephen is active with REBNY and ICSC, having previously co-founded NY ICSC’s Next Generation Program. The CBRE platform often leverages his retail knowledge as it relates to public relations, research data, market intel and capital markets. Stephen was elected to CBRE’s National Retail Advisory Board as founding member and currently sits on their Americas Digital Advisory Council.
Education
- Towson University (Magna Cum Laude)
- University of New South Wales
- Goldman Sacks Academic Scholarship
Pro Affiliations / Accreditations
- Real Estate Board of New York (REBNY)
- International Council of Shopping Centers
- CBRE Retail Advisory Council
- CBRE A&T Americas Digital Advisory Council
- Licensed Real Estate Broker, New York
Clients
- Belstaff
- Breguet
- Coach
- CorePower Yoga
- COS
- Eataly
- Ever/Body
- Express
- Fields Good Chicken
- Five Guys
- H&M
- Herschel
- Lao Feng Xiang
- Lidl
- Limited Brands
- L.K. Bennett
- Lovepop
- McDonald’s
- Messika
- Mount Sinai
- Omega
- One Medical
- Proper Food
- Ralph Lauren
- Saatva
- Samsonite
- Santander Bank
- Swatch Group
- TD Bank
- Tend
- The Body Shop
- The Little Beet
- Tommy Hilfiger
- Tory Burch
- Tumi