Chinese developer willing to sell Manhattan supertall site at big loss
As the Evergrande crisis continues to unfold in China, one of the country’s largest companies is trying to unload...
Cushman & Wakefield
About: Cushman & Wakefield is a commercial real estate firm. Cushman & Wakefield specializes as a leasing and investment-sales broker and provides real estate financial and property management services.
Headquartered in Chicago
Founded in: 1917.
Lead by: CEO Brett White; President John Forrester; CFO Duncan Palmer
Cushman & Wakefield Q&A
Where does Cushman & Wakefield operate?
Headquartered in Chicago, Cushman & Wakefield is an international company, with hundreds of offices in 70 countries. They manage 3.6 billion square feet of real estate across these offices.
What does Cushman & Wakefield do?
Cushman & Wakefield offers a variety of real estate services, including agency leasing, asset and investment management, facilities and development services, and more. Its clients have included the Port Authority of New York and New Jersey, Brookfield Properties, the Trump Organization, Tishman Speyer, Boston Properties, Morgan Stanley, SL Green Realty and the Blackstone Group.
Who owns Cushman & Wakefield?
Cushman & Wakefield is majority-owned by TPG Capital, a private equity firm, which purchased Cushman & Wakefield along with DTZ and Cassidy Turley in 2015. In 2018 it debuted on the New York Stock Exchange, although TPG retained its controlling stake.
Want to know more about Cushman & Wakefield?
Check out our Top Stories below for The Real Deal's most up-to-date coverage of Cushman & Wakefield.
The Latest
Cushman acquires 40% stake in Greystone lending business for $500M
Cushman & Wakefield is expanding its offerings in a hot rental market, adding lending and loan services to its...
Cushman predicts widespread return-to-office in early 2022
Repeatedly delayed return-to-office plans may finally come to fruition in the coming months, a new report indicates. While office...
National
WeWork, Cushman negotiating $150M partnership
At its greatest heights, WeWork once considered acquiring Cushman & Wakefield. Now, the co-working firm is considering a cash...
Cushman’s top sales brokers negotiating new contract
Top commercial real estate brokers Doug Harmon and Adam Spies are working on a new contract with Cushman &...
National
Cushman & Wakefield announces new CEO, revenue back to pre-pandemic levels
Cushman & Wakefield announced a leadership change and reported a net income of $52.7 million in the second quarter,...
City replaces Trump as Central Park rink operator — with Trump pals
For corporations and governments intertwined with Donald Trump, cutting ties after the Capital Insurrection has played out a bit...
Top sales broker out at Cushman & Wakefield
One of Cushman & Wakefield’s top sales brokers is no longer with the company. Stephen Preuss, who ran the...
Northwood buys two Soho buildings for $325M
A real estate investment firm is making a big bet on Soho. Northwood Investors has agreed to pay $325 million for a pair of mixed-use buildings in the heart of the neighborhood, the Wall...
National
Cushman eyeing M&A opportunities post-pandemic
Cushman & Wakefield reported a $17.2 million net loss in the first quarter of 2021. But the brokerage, which...