Michael Colacino was president of Savills from 2002 to 2018, and he now serves as consultant to the firm. He has been a strategic planner and provider of specialized brokerage services at Savills.
In 2004, Michael worked on the 520,000-square-foot lease that relocated Wall Street law firm Cadwalader, Wickersham & Taft to One World Financial Center, the largest transaction in proximity of the World Trade Center site since 9/11. Other major law firm assignments on which he has worked include Patterson, Belknap, Webb & Tyler, Willkie Farr & Gallagher, Kaye, Scholer, Fierman, Hays & Handler, Jones Day, Pillsbury Winthrop and Covington & Burling LLP all of which were in excess of 150,000 square feet.
His corporate clients have included Time Warner, for which he served as broker on its acquisition and development of the Columbus Circle site. Michael has participated in a number of media industry assignments for clients that include NBC, Warner Brothers, CNN and New York 1 News. These projects have included development feasibility analysis, operations reviews and brokerage. Michael has also worked on headquarters relocation projects for Westvaco Corporation (a Fortune 500 manufacturing company) and 24/7 Media (a publicly traded internet firm).
Awards, Achievements and Activities
Michael serves on the Real Estate Board of New York’s (REBNY) Board of Governors and the Advisory Board of the Zell-Lurie Real Estate Center at Wharton. Michael is also active in the Harvard Real Estate Academic Initiative. He has been published in Industrial Engineering, Real Estate Forum and Real Estate Review, in which his article “Monte Carlo Simulation: Stochastic Contracting in Landlord and Tenant Lease Portfolios” appeared. In 2012, Michael was honored by the Harlem Educational Activities Fund at their annual benefit dinner.
Harvard College, BA, cum laude
New York University, Master of Science, Real Estate
- Westvaco Corporation
- Banque Nationale de Paris
- Cadwalader, Wickersham & Taft
- McCord Travel Management
- Fortune 500 Companies
- Nonprofits & Associations
- Financial Services