November 7, 2002 |
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.
February 26, 2002 |
Cushman & Wakefield Inc., the second-largest U.S. real estate company, formed a joint venture with Premas International Ltd. to provide real estate brokerage and other services to companies expanding in China. The venture will offer consulting, brokerage and asset management to international firms doing business in China and Chinese firms looking to expand abroad, Cushman spokesman Terry Spillane said.
January 29, 2002 |
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.
July 31, 2001 |
Real estate services giant Cushman & Wakefield has agreed to move its downtown Los Angeles office late this year to one of the district's newest skyscrapers, the former Sanwa Bank Plaza at Wilshire Boulevard and Figueroa Street. The move was prompted by C&W's recent acquisition of rival Cushman Realty Corp., which has had its headquarters at 601 S. Figueroa St. since the 52-story high-rise opened in 1990.
July 10, 2001 |
Real estate services giant Cushman & Wakefield Inc. on Monday announced that it had completed its acquisition of Los Angeles-based Cushman Realty Corp., forming one of Southern California's largest commercial real estate brokers. Cushman Realty's approximately 200 employees and 11 offices have adopted the Cushman & Wakefield name and are being integrated into the New York-based company's operations.
April 10, 2001 |
The owners of Cushman Realty Corp. on Monday announced a tentative agreement to sell the prominent Los Angeles commercial real estate brokerage to Cushman & Wakefield Inc. The deal, which had been the subject of widespread speculation, is part of an industry shakeout that has created huge, global real estate firms that offer a variety of services to large corporate clients.