The W. P. Carey School of Business at Arizona State University has named longtime real estate leader Tom “TJ” Johnston as executive director of the newly expanded and named W. P. Carey Center for Real Estate and Finance . With more than two decades of experience spanning brokerage, operations, and investment strategy, Johnston brings deep industry expertise and a collaborative mindset to this pivotal role.

The executive director position was made possible through a recent $25 million gift from the W. P. Carey Foundation to ASU’s W. P. Carey School of Business. The gift primarily aims to bolster real estate education by expanding access to experiential learning, promoting research, and strengthening the school’s industry partnerships.

“Real estate is a cornerstone of both economic deve

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