The Real Deal New York

Getting into the commercial consolidation game

In twist, brokers expect the latest wave of commercial firm mergers to expand NYC’s ‘Big Four’ to the ‘Big Five’ or even ‘Big Six’

February 18, 2015 10:45AM
By Adam Pincus

issuepostFrom the February issue: The global commercial real estate industry may be consolidating, but in a twist, New York City’s “Big Four” commercial brokerages — CBRE, Cushman & Wakefield, Newmark Grubb Knight Frank and JLL — may end up with more jumbo competitors. The current wave of mergers and acquisitions may add one, or even two, more gargantuan commercial brokerages to the New York landscape, real estate professionals predict. [more]

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