Carolyn has seen the commercial real estate industry through a myriad of lenses in her 30-year career, starting with BOMA and the Greater Boston Real Estate Board (GBREB), and then moving on to local, regional and national roles in brokerage firms.
She has put her stamp on the industry thanks to: a vigorous work ethic; strong understanding of client needs; resilience in the face of constant change; a knack for identifying, developing and connecting talent; and the ability to see the big picture as well as appreciate the value of the details – all critical leadership attributes at one of the world’s largest commercial real estate services providers.
Carolyn currently leads Cushman & Wakefield’s efforts in New England to develop creative and holistic real estate solutions for the firm’s investor and occupier clients, managing a team of more than 180 professionals in Boston, Hartford, CT and Manchester, NH. As managing principal, she is responsible for leading the business, growing Cushman & Wakefield’s local service platform, and staffing with the right resources to ensure an exceptional level of client service. In addition, she works with other Cushman & Wakefield leaders to shape the region’s growth strategies and recruiting efforts across service lines.
One of Carolyn’s goals is to grow Cushman & Wakefield’s investor service platforms to complement its robust and longstanding local, national and global occupier services. Recent investor services wins include Brickstone Square in Andover, 28 State Street and 855 Boylston Street in Boston, Boynton Yards in Somerville, as well as asset services at 121 Seaport & 28 State, and multiple capital markets downtown and suburban sales and financing assignments. She changed the Boston brokerage structure, creating a leasing steering committee that provides advice and counsel on business development and client care initiatives. The shift fosters teamwork and inclusion of varying perspectives, leading to more informed decision-making. Carolyn’s goal is to foster a collaborative approach as a means of increasing the firm’s collegiality, productivity and client-first orientation.
“No one individual knows it all or can do it all,” Sidor says. “I am surrounded by terrific talent here. My job is to leverage the best that each individual brings to the table.”
To bolster investor and occupier platform growth, she was instrumental in the recruitment of industry-leading talent. Bob Richards, Michael Joyce, Tom Ashe, Rob Byrne, and Elizabeth Donatoni joined Cushman & Wakefield earlier this year and are already making a significant impact on the business with their new colleagues. Other new professionals have recently joined the Boston office in project & development services, capital markets, valuation & advisory, brokerage, senior housing, financial analysis, lease administration, marketing & research.
Carolyn’s work within the commercial real estate industry also goes far beyond the day-to-day requirements of her business leadership responsibilities. She makes it a priority to mentor young women who have entered the commercial real estate field.
Her thoughts on building a career:
- Keep the basics in mind not only as you start your career, but also each step along the way. Do what you say you’re going to do. Look people in the eye. Maintain your integrity and a strong set of values.
- Own your mistakes.
- Be authentic. Ask questions.
- Communicate clearly.
- Be open to new opportunities.
“Professional success today – in real estate and every other industry – requires collaboration, flexibility, agility and recognition of different perspectives,” Carolyn says. “Most importantly, the desire to get better – every day – must be part of one’s personal fabric.”
This year marks the 25th anniversary of Real Estate Forum’s Women of Influence issue, recognizing 50 women who have significantly impacted commercial real estate with their exceptional transaction volume, strong impact on their company’s overall success, or contributions to the industry at large. To view the special edition, please click here.