New York – Locally based Cushman & Wakefield and Los Angeles-based Cushman Realty Corp. recently completed a merger of the two commercial real estate firms. Terms of the merger signing were not disclosed as the new firm, which retains the name Cushman & Wakefield, remains privately held.
The merger creates a company that would have had 2000 revenues in excess of $900 million, 174 offices worldwide and an aggregated lease and sale transaction value of $37 billion.