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New York & Tri-State  + Midtown New York  + Office  |  August 23, 2022
Michael Colacino has been promoted to CEO of tech-based commercial brokerage SquareFoot, and will take the helm from company founder Jonathan Wasserstrum
Paul Bubny
By: Paul Bubny

SquareFoot Elevates President Michael Colacino to CEO Role

Tech-based commercial brokerage SquareFoot said Tuesday it had appointed Michael Colacino as CEO. Colacino will take the helm from founder Jonathan Wasserstrum, who led the Manhattan-based company for a decade and who will assume the role of chairman. 

Colacino joined SquareFoot in 2019 as president. Prior to joining SquareFoot, he served as president at Savills Studley, where he led and created teams doing large-scale tenant representation, capital markets, and construction project management. He has more than three decades of experience.  

At SquareFoot, Colacino’s goals are to enhance the user experience by evolving the platform and to recruit experienced brokers across the country. 

“Michael is a highly-respected colleague I have long admired,” said Wasserstrum. “I can’t think of a better person to lead SquareFoot through its next phase of growth and pave the way for the future of commercial real estate.”  

Pictured: Michael Colacino.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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