Mitchell Shubow Steir (born August 3, 1955)[4] is a commercial real estate broker.[5] He is former chairman and chief executive officer of Savills North America.[6]
Steir's first job was at a computer training startup. He took his first real estate job with Huberth & Peters in 1983.[10][11] In 1984 he received The Most Ingenious Deal of the Year award of the Real Estate Board of New York.[5] In 1988 Steir joined Julien J. Studley Inc and has since been the firm's top-producing broker nationwide, closing more than 60 million square feet in leases over his career. In 2003, Steir led a management buyout of the company from Julien J. Studley and became chief executive officer.[12][13][14] In 2014, Steir arranged the $260 million sale of Studley to London-based Global Real Estate firm, Savills and he remained the CEO and Chairman of Savills, Inc.[15] In 2020, Steir directed and managed the acquisition of Macro for Savills, adding a robust project management service line to the brokerage firm’s fast-growing North American footprint.[16]
Steir’s clients include Time Warner,[17][18] Ralph Lauren,[19]Tiffany & Co.[20]., Accenture, Kirkland & Ellis,[21] Jones Day,[22]WilmerHale, Credit Agricole,[23] Winston & Strawn and Wachtell, Lipton, Rosen & Katz[24] among others. Steir’s 1,750,000-square-foot restructure and extension of Time Inc.'s corporate headquarters lease at 1271 Avenue of the Americas in 1999 remains the biggest Manhattan leasing deal ever.[25] He also negotiated the largest transaction of 2000 in midtown New York, 1,000,000 square feet (93,000 m2) for the headquarters of AOL Time Warner[15] at Columbus Circle.[17] The deal he closed for Cadwalader,[26] Wickersham & Taft LLP[27] was the first significant lease inked in lower Manhattan post-9/11with such proximity to the Trade Center site, totaling 460,000 square feet with an option for an additional 400,000 square feet for growth.