BOTH McGees Property and Highland Property have promoted agents to equity partner, in Andrew Wilson and Nick Tsaccounis respectively.
Sydney real estate specialist Highland Property promoted Nick Tsaccounis to equity partner.
Tsaccounis joined Highland in 2009 and has spent the last 15 years working as a leading agent in the Cronulla and Greenhills Beach, having sold almost 40 properties worth a combined $51 million in sales in the last 12 months alone.
“Nick’s journey with Highland has been nothing short of remarkable. From the very beginning, he has shown unparalleled commitment to his clients and his team,” said David Highland, CEO at Highland.
“His honesty, upfront approach, and deep understanding of the local market have made him one of our most valued agents and I am thrilled to welcome him to our leadership team and look forward to seeing him continue to thrive in this new role.”
Tsaccounis leads a team of three at Highland, including Lauren Lielkajis and Ryan Moore.
“My ability to close deals for my clients is the ultimate goal but it has been infinitively more rewarding to be able to impart my wisdom and help foster up-and-coming careers,” said Tsaccounis.
“I am extremely proud to have been involved in the Highland evolution up to this point, leading a team and contributing to the company’s growth, and now I am excited to continue working alongside our extraordinary team in this new role as we aim to set new benchmarks in the industry.”
Meanwhile, McGees Adelaide has appointed industrial market specialist Andrew Wilson as equity partner.
Wilson has worked at McGees since 2018, initially focused on office and retail leasing before moving into industrial sales.
In the past 18 months he has negotiated key Adelaide industrial market deals that have included a $25.5 million sale at Pennington, of $10.6 million in Camden Park, and sales of circa $10 million and $7.5 million in Port Adelaide.
“Speculation suggests that site value and rental growth might have capped out, however, we’re continuing to see sales and rents pushing limits and surprise us,” said Wilson.
“There’s significant pent-up demand for the right type of assets, namely those located relatively close to the CBD, and with good heavy vehicle access, existing quality improvements, and that are land rich.”
“We’re also seeing continued demand, particularly from interstate and international groups, for new warehousing within business parks.”
Wilson will join eight other directors at McGees, with his promotion following the appointment of Theo Kaldis, as senior commercial property manager and Boyd Octoman as senior executive of sales & leasing.