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BUSINESS
December 20, 2006 | From Bloomberg News
Cushman & Wakefield Inc., the world's second-largest real estate services company, said an investment group controlled by Italy's Agnelli family bought a majority stake in the company for $563 million. The family's Ifil Group will acquire a 67.5% stake, New York-based Cushman and Turin, Italy-based Ifil said. Ifil will replace Rockefeller Group International Inc. as the controlling shareholder. Cushman employees will retain a 32.5% stake.
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BUSINESS
July 30, 2008 | Roger Vincent, Times Staff Writer
Two New York commercial real estate brokerages have been selected by Tribune Co. to market the Los Angeles Times' main office downtown and Tribune Tower in Chicago to potential buyers, the company said Tuesday. Cushman & Wakefield will look for buyers for The Times' historic headquarters at 1st and Spring streets, and Eastdil Secured will try to sell the landmark Tribune building overlooking the Chicago River, said Stephanie Pater, director of real estate for Tribune.
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BUSINESS
January 29, 2002 | Bloomberg News
Cushman & Wakefield Inc. plans to form alliances with independent real estate companies to build its business in Southern California and the U.S. Southeast. Cushman, the second-largest U.S. commercial real estate broker, is allying with Commercial San Diego; Commercial Carolina, which has offices in North and South Carolina; and Commercial Jacksonville, in Florida, each a former Cushman office. The other members of the alliance are Commercial Tennessee, with offices in Memphis, Little Rock, Ark.
BUSINESS
December 20, 2006 | From Bloomberg News
Cushman & Wakefield Inc., the world's second-largest real estate services company, said an investment group controlled by Italy's Agnelli family bought a majority stake in the company for $563 million. The family's Ifil Group will acquire a 67.5% stake, New York-based Cushman and Turin, Italy-based Ifil said. Ifil will replace Rockefeller Group International Inc. as the controlling shareholder. Cushman employees will retain a 32.5% stake.
BUSINESS
September 16, 1998 | MELINDA FULMER, SPECIAL TO THE TIMES
Underscoring the growing demand for global real estate operations, the country's second-largest brokerage firm, New York-based Cushman & Wakefield Inc., said Tuesday that it has completed a $112-million merger with a major European real estate firm.
BUSINESS
July 30, 2008 | Roger Vincent, Times Staff Writer
Two New York commercial real estate brokerages have been selected by Tribune Co. to market the Los Angeles Times' main office downtown and Tribune Tower in Chicago to potential buyers, the company said Tuesday. Cushman & Wakefield will look for buyers for The Times' historic headquarters at 1st and Spring streets, and Eastdil Secured will try to sell the landmark Tribune building overlooking the Chicago River, said Stephanie Pater, director of real estate for Tribune.
BUSINESS
November 7, 2002 | Leslie Earnest, Times Staff Writer
Rodeo Drive rents lost ground this year in a worldwide ranking of the most expensive pockets of retail real estate, according to a study released today. Rents in the tony Beverly Hills shopping district between Wilshire and Santa Monica boulevards ranked 32nd out of 223 locations in the year ended June 30, compared with a ranking of 17 out of 221 locations the year before.
BUSINESS
April 23, 1990 | Michael Flagg, Times staff writer
For a while, it seemed as if it would never stop. Orange County's businesses created more jobs, which brought more people into the county, which meant even more jobs for the companies that audited the books, did the legal work and sold insurance. And all those lawyers and accountants needed office space. There were plenty of lenders who took a look at all the activity and told a developer: "Sure, we'll lend you enough to put up another office building." And the developer did.
BUSINESS
December 7, 2000 | Brad Berton
Long Beach commercial real estate brokerage Matlow-Kennedy Commercial Real Estate Services is being acquired by property services giant Cushman & Wakefield. Financial terms of the deal, which will take effect Jan. 1, were not disclosed. Matlow-Kennedy's 16 brokers focus on office and industrial properties in an area stretching from the South Bay to Orange County.
BUSINESS
July 8, 1997 | From Bloomberg News
Cushman & Wakefield on Monday said it agreed to buy property manager Premisys Real Estate Services Inc. from Prudential Insurance Co. of America, the latest transaction in this rapidly consolidating area of the real estate industry. Terms of the transaction weren't disclosed.
BUSINESS
November 7, 2002 | Leslie Earnest, Times Staff Writer
Rodeo Drive rents lost ground this year in a worldwide ranking of the most expensive pockets of retail real estate, according to a study released today. Rents in the tony Beverly Hills shopping district between Wilshire and Santa Monica boulevards ranked 32nd out of 223 locations in the year ended June 30, compared with a ranking of 17 out of 221 locations the year before.
BUSINESS
January 29, 2002 | Bloomberg News
Cushman & Wakefield Inc. plans to form alliances with independent real estate companies to build its business in Southern California and the U.S. Southeast. Cushman, the second-largest U.S. commercial real estate broker, is allying with Commercial San Diego; Commercial Carolina, which has offices in North and South Carolina; and Commercial Jacksonville, in Florida, each a former Cushman office. The other members of the alliance are Commercial Tennessee, with offices in Memphis, Little Rock, Ark.
BUSINESS
December 7, 2000 | Brad Berton
Long Beach commercial real estate brokerage Matlow-Kennedy Commercial Real Estate Services is being acquired by property services giant Cushman & Wakefield. Financial terms of the deal, which will take effect Jan. 1, were not disclosed. Matlow-Kennedy's 16 brokers focus on office and industrial properties in an area stretching from the South Bay to Orange County.
BUSINESS
September 16, 1998 | MELINDA FULMER, SPECIAL TO THE TIMES
Underscoring the growing demand for global real estate operations, the country's second-largest brokerage firm, New York-based Cushman & Wakefield Inc., said Tuesday that it has completed a $112-million merger with a major European real estate firm.
BUSINESS
July 8, 1997 | From Bloomberg News
Cushman & Wakefield on Monday said it agreed to buy property manager Premisys Real Estate Services Inc. from Prudential Insurance Co. of America, the latest transaction in this rapidly consolidating area of the real estate industry. Terms of the transaction weren't disclosed.
BUSINESS
April 23, 1990 | Michael Flagg, Times staff writer
For a while, it seemed as if it would never stop. Orange County's businesses created more jobs, which brought more people into the county, which meant even more jobs for the companies that audited the books, did the legal work and sold insurance. And all those lawyers and accountants needed office space. There were plenty of lenders who took a look at all the activity and told a developer: "Sure, we'll lend you enough to put up another office building." And the developer did.
REAL ESTATE
August 9, 1987
Michael Fehner, of Ticor Title Insurance, has been elected president of the Westside Development Breakfast Club. Other officers are Robert Heintzelman, Cushman & Wakefield Inc., and Carole Maher, Real Estate Strategies Inc., vice presidents; Molly Hunt, John Wolcott Associates, secretary-treasurer, and Bill Feathers, Feathers Consulting Services Inc., immediate past president.
BUSINESS
May 7, 1997
Softbank Corp.'s Ziff-Davis Inc. said it will start a 24-hour cable television channel about computers and the Internet, as the publishing company bets that a niche channel can be profitable. ZDTV: Your Computer Channel will be based in San Francisco. . . . Ford Motor Co. said it has formed a joint venture with real estate industry rivals Los Angeles-based CB Commercial/Madison Advisory Group and Cushman & Wakefield Inc. to manage its worldwide property portfolio. . . . David R.
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