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© 2017 Observer Media · Terms · Privacy

Cushman & Wakefield

One of the largest real estate services companies in the world.

England-born Bernard Wakefield and J. Clydesdale Cushman founded their eponymous firm after working together at the brokerage Heckscher & de Saulles. Chicago-based DTZ acquired it in 2015 for $2 billion. The buyer took the Cushman & Wakefield name after DTZ assembled a large collection of real estate companies, including Massey Knakal and Cassidy Turley.

The company is one of the most prolific dealmakers in New York and globally, having represented buyers or sellers in some of the biggest real estate leases and sales ever completed, including Related and Allianz’s $2.2 billion sale-leaseback deal with WarnerMedia at 30 Hudson Yards and Google’s $2.4 billion purchase of Chelsea Market from Jamestown in 2018, the largest office deal in New York real estate history.

According to their web site, C&W has some 53,000 employees in 60 countries and claimed $8.8 billion in revenue in 2019.

2300 Linden Boulevard
Research
New York City

NYC’s Industrial Market Down, But Not Out, in 2020: Report

By Nicholas Rizzi
TJ Sullivan, associate director at Cushman & Wakefield.
Sales  ·  Development Rights
Washington DC

Turnbridge, Manekin JV Acquires 442-Acre Development Site in DC Suburb for $20M

By Keith Loria
 
Trending Stories
Design + Construction  ·  Architecture
National

CO Design Forum: Forge Ahead on Retrofits, Pandemic Be Damned

Development  ·  Features
Nevada

Sheldon Adelson, Las Vegas’ Makeover Artist

Research
New York City

NYC’s Industrial Market Down, But Not Out, in 2020: Report

Sales  ·  Development Rights
Washington DC

Turnbridge, Manekin JV Acquires 442-Acre Development Site in DC Suburb for $20M

A rendering of Halley Rise.
Leases  ·  Coronavirus
Washington DC

Brookfield Properties to Outsource Office Leasing in DC Region

By Keith Loria
Shipping container
Design + Construction  ·  Infrastructure
New York City

COVID Has Increased Freight in NYC Just As It Tries to Lessen Truck Traffic

By Nicholas Rizzi
Tenants in Rockefeller Center can use an app called Zo to, among other services, order food.
Leases  ·  Coronavirus
New York City

Landlords See Enhanced Food Options as Ingredient for Office Rebound

By David M. Levitt
Waterfront I
Sales  ·  Commercial
Washington DC

NoVA Office Building Sold to Abramson Properties for $13M, Will Become Condos

By Keith Loria
 
Trending Stories
Design + Construction  ·  Architecture
National

CO Design Forum: Forge Ahead on Retrofits, Pandemic Be Damned

Development  ·  Features
Nevada

Sheldon Adelson, Las Vegas’ Makeover Artist

Research
New York City

NYC’s Industrial Market Down, But Not Out, in 2020: Report

Sales  ·  Development Rights
Washington DC

Turnbridge, Manekin JV Acquires 442-Acre Development Site in DC Suburb for $20M

Rockefeller Group developed the property at 10965 Banana Avenue in the city of Fontana in San Bernardino County as part of a joint venture with MBK Real Estate.
Sales
Inland Empire

Rockefeller Group Delivers Two New Inland Empire Properties for $81M

By Greg Cornfield
Construction along I-81 in Pennsylvania this summer. The highway runs into I-78 East, which goes to New York City.
Leases  ·  Coronavirus
Washington DC

Key Northeast Distribution Corridor Experiences Record Growth Amid COVID

By Tom Acitelli
People protesting against the certification of Joe Biden's presidential victory gathered at the U.S. Capitol on Wednesday, shortly before several hundred stormed the building.
Features
National

Sunday Summary: 2021, Off to a Weird Start

By The Editors
810 Seventh Avenue
Leases  ·  Office
New York City

Law Firm Moving to 810 Seventh Avenue After Nabbing 12 Months of Free Rent

By Nicholas Rizzi
A skyline at sunset with several tall buildings.
Leases  ·  Office
New York City

Cushman & Wakefield to Consolidate Lower Manhattan, Brooklyn Offices

By Tom Acitelli
860 Washington Street.
Finance  ·  Acquisition
New York City

J.P. Morgan, Deutsche Bank Lend $116M on Meadow Partners’ Meatpacking Office Buy 

By Cathy Cunningham
211 McGuinness Boulevard (Credit: Gene Kaufman Architect).
Finance  ·  Refinance
Brooklyn

New York Community Bank Refinances Greenpoint Rental Property With $113M Loan

By Cathy Cunningham
Finance  ·  Leases
Texas

Life Sciences Has Been a Real Shot in the Arm for Commercial Real Estate

By Tom Acitelli
100 Park Avenue
Finance  ·  Refinance
New York City

SL Green Lands $360M Refi for 100 Park Avenue Next to Grand Central Terminal

By Cathy Cunningham
The atrium of Building B at the Brooklyn Army Terminal features an open skylight, dozens of loading docks and a disused train.
Leases  ·  Industrial
New York City

Brooklyn Army Terminal Renews With Guggenheim, Military Electronics Manufacturer

By Rebecca Baird-Remba
The property includes two buildings with about 244,329 square feet at 959 Seward Street. It’s located just south of Santa Monica Boulevard and across the street from Sunset Las Palmas Studios.
Sales  ·  Commercial
Los Angeles

Goldman Sachs, Lincoln Property Company Take Hollywood Office for $186M

By Greg Cornfield
1400 Benson Street.
Sales  ·  Mixed Use
New York City

Rudin Sells Family’s First-Ever Development, Located in the Bronx, for $11.25M

By Nicholas Rizzi
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July 28th 2020 Magazine Issue Cover
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