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Cushman & Wakefield Realigns Services Within U.S.

Friday, March 14, 2014
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Cushman & Wakefield
Cushman & Wakefield

Cushman & Wakefield, the world’s largest privately-held commercial real estate services firm, today announces a significant realignment of its services within the United States to drive its investment and growth in the Investor Services sector, while adding to the consistency of services throughout the region.

The new U.S. Investor Services Group, which will be led by Shawn Mobley, will provide single point of contact and fully integrated solutions to property owners. The Investors Services Group will be comprised of Capital Markets, Agency Leasing, and Asset and Property Management services.

“Both our institutional-owner clients and local investor/owners will benefit from this new group and the enhanced integration of our services,” said John Santora, President and CEO of Corporate Occupiers and Investor Services. “This is a continuation of our focus on delivering a results oriented, client focused solution at Cushman & Wakefield through a team-based culture.”

“Our new U.S. Investor Services Group has been created to provide our clients the highest level of service and creative solutions by combining all of our Investor services into one fully integrated platform,” said Jim Underhill, CEO of the Americas. “It is a collaborative approach, instilled in our culture, which adds value and results to our clients.”

“This is an exciting opportunity for our investor clients, for our firm, and for me,” said Mr. Mobley, who was previously the Central Area President and Chicago Market Leader for the firm. “Clients ultimately want integrated solutions that help them address their specific business needs. This model will do that.”

Streamlining the organization also includes a realignment of the regional structure within the United States. To that end, Bill Magner, who has successfully grown the firm’s East region over the past three years, will now lead all U.S. Markets, except the New York Tri-state Region.

Mr. Magner, as President U.S. Markets, will work with Ron Lo Russo, President of the New York Tri-state region, and partner with Joe Cook, COO U.S. Markets, to provide consistency in the leadership, initiatives and continued cultural transformation of the firm’s 44 U.S. offices to an increasingly client-centric organization. This portion of the realignment will provide greater regional authority in leading the combined businesses in the U.S., which will result in a more unified approach for all aspects of the business.

“Our goal is to generate a culture of collaboration between service lines and geographies entirely focused on the client,” said Mr. Magner. “We will have a more unified approach for all aspects of the business and that approach will benefit our clients wherever they use our services.”

About Cushman & Wakefield

Cushman & Wakefield is the world’s largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world’s major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and management assignments. Founded in 1917, it has approximately 250 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has nearly $4 billion in assets under management globally. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.

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