Cushman & Wakefield Inc.
New York, NY
Delivering an Integrated Technology Platform to actively advise, implement, and manage on behalf of landlords, tenants, and investors through every stage of the real estate process, third-party manager Cushman & Wakefield Inc. provides valuation advice, strategic planning and research, portfolio analysis, site selection, and space location assistance, among many other advisory services. With 160 offices in 48 countries (and approximately 11,000 employees), Cushman & Wakefield manages approximately 5,500 properties totaling close to 350 million square feet of space. It has partnered with Business Integration Group and Yardi Systems to develop web-based real estate management services software. During the sluggishness of the economy, Cushman & Wakefield reports a profitable (and improvement over 2001) 2002, as well as a growth in market share.
[Editors’ Note: Employing some of the most talented professionals – and arming them with technology backing, continual training, and a can-do spirit – Cushman & Wakefield has been able to buck the industry trend and report a profitable and improved 2002, in part by aggressively adding talent and business partners. The company formed the Cushman & Wakefield Alliance, an initiative that expanded the firm’s service capabilities in select American markets where it did not maintain an office. The Alliance firms consist of best-of-class independent companies, including former Cushman & Wakefield-owned offices, which are integrated into the company’s training, technology, research, and best practices. Another plus: As part of its diversity initiative, Cushman & Wakefield organized and began partnering with Concordis, an alliance of women- and minority-owned real estate services suppliers.]