Based in Portland, Oregeon, Jay F. Booth, MAI, CRE, currently serves as 星空体育app下载 Valuation & Advisory鈥檚 Regional Managing Director for the Western U.S. and Specialty Practice Co-Leader for the national Retail & Regional Malls Practice. His responsibilities include spearheading business development efforts, recruiting elite valuation professionals, and ensuring outstanding client service.
As co-leader of the Retail & Regional Malls Specialty Practice, Booth guides a team dedicated to providing cutting-edge valuation services to commercial banks, developers, corporations, individual property owners, public agencies, insurance companies and legal firms. Focusing on a broad range of retail properties, including super-regional malls, lifestyle centers, and community shopping centers, his team provides valuation services for some of the most complex assignments in the world.
Booth brings a diverse range of experience from his 31-year tenure at Cushman & Wakefield, where he held the position of Senior Managing Director of Valuation & Advisory in the Pacific Northwest. His career, which began in New York in 1993 before moving to Portland, Oregon, in 1998, has been characterized by a series of leadership roles, particularly within the retail practice.
Prior to joining Cushman & Wakefield, Booth was an Associate with Appraisal Group, Inc. in Portland, Oregon from 1990 to 1993. AGI was a regional valuation and advisory firm that later became Columbia Consulting Inc., specializing in all property types, including industrial, office, retail centers, and special-use properties. At AGI, Booth also performed extensive work on market analyses and supply and demand studies.
Professional Affiliations
- Affiliate Member, International Council of Shopping Centers, ICSC
- Member, Experience Review Panel, Appraisal Institute, 2006-2008
- Vice Chair, National Admissions Appeal Board, Appraisal Institute (2003-2005)
Licenses and Designations
- MAI Designation, Appraisal Institute
- Member, The Counselors of Real Estate
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Certified General Real Estate Appraiser in the following states:
- Colorado 鈥� CG100013948
- Hawaii 鈥� CGA-1264
- Idaho 鈥� CGA-2312
- Oregon 鈥� C000929
- Montana 鈥� REA-RAG-LIC-14022
- Washington 鈥� 1101056
Professional Achievements
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Presentations/Guest Speaker:
- 鈥淩etail Market Trends鈥� 鈥� Moderator, Fall Real Estate Conference 2023, Greater Oregon Chapter of the Appraisal Institute, Wilsonville, OR
- 鈥淓xcess Land v. Surplus Land鈥� 鈥� 2021 Client Presentation
- 鈥淯.S. Retail Market鈥� 鈥� 2020 Client Presentation
- 鈥淲hat鈥檚 Next For Retail Real Estate鈥� 鈥� Panelist, 2020 Wells Fargo Commercial Real Estate Briefing Series, Private Client Group
- 鈥淐urrent Retail Market Trends鈥� 鈥� Moderator, Fall Real Estate Conference 2012, Seattle Chapter of the Appraisal Institute, Seattle, WA
- 鈥淩etail Industry Overview and Valuation Issues鈥� 鈥� C&W WebEx Seminar, approved by the Appraisal Institute for continuing education
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Booth has qualified as an expert witness in the following courts:
- Oregon Tax Court, Magistrate Division, Property Tax
- United States Bankruptcy Court, Northern District of California, San Jose Division
- Supreme Court of the State of New York, County of New York
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Arbitration/Expert Testimony Experience:
- Fair Market Rent Determination and Arbitration, Land/Ground Lease Underlying Commercial Building, Confidential U.S. Pacific Southwest Location (2022)
- Fair Market Rent Determination and Arbitration, Grocery Store, Portland OR (2022)
- Fair Market Rent Determination and Arbitration, Land/Ground Lease Underlying Office Building, Confidential U.S. Pacific Southwest Location (2022)
- Fair Market Rent Determination and Arbitration, Land/Ground Lease Underlying Community Shopping Center, Portland OR (2021)
- Fair Market Rent Determination and Arbitration, Department Store at Top 10 Super-Regional Mall, Confidential Pacific Southwest Location (2019)
- Fair Market Rent Determination and Arbitration, Grocery Store, Portland OR (2017)
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Special Awards:
- C&W Top Valuation & Advisory Professional, Portland (1999, 2006, 2008, 2021, 2022, 2023)
Education
- Master of Science in Real Estate, New York University
- Bachelor of Science, Willamette University
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Overseas Study
- Xiamen University (China)
- Kookmin University (South Korea)
- Tokyo International (Japan)