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Celebrating 90 Years Of Commercial Real Estate Leadership
12 Mar, 2007, New York, NY
Firm recognizes nine decades of growth with Global Achievement Conference and the introduction of 90th Anniversary logo
Cushman & Wakefield, the world’s preeminent real estate services firm, is marking the occasion of its 90th Anniversary in 2007 by hosting a Global Achievement Conference in Orlando, Fla. for more than 900 of the firm’s global professionals and by introducing a commemorative 90th Anniversary logo.
Founded in 1917 by J. Clydesdale Cushman and Bernard Wakefield as a property management company in a Madison Avenue storefront, Cushman & Wakefield has grown in 90 years to become the world’s preeminent real estate services firm, with fully integrated operations on six continents.
The firm has grown from a local New York City property manager to a global full-service powerhouse, with revenues reaching $1.5 billion in 2006, up from $1.2 billion in 2005. Today, Cushman & Wakefield has more than 12,000 employees in 201 offices in 55 countries.
“Cushman & Wakefield has thrived in an era that has seen the industry change from local practitioner to truly global providers,” said Cushman & Wakefield President and CEO Bruce Mosler.
Cushman & Wakefield Chairman of the Board John Cushman, grandson of J. Clydesdale Cushman, remarking on the anniversary said: “We take a great deal of pride in our tradition of client service at Cushman & Wakefield, which dates back to our founders, who literally wrote the book on dedication to clients in commercial real estate.”
Mr. Cushman was referring to “Managing: How Modern Business Buildings Are Operated,” the book on managing office properties that was written by J. Clydesdale Cushman, president of Cushman & Wakefield, in 1927.
Mr. Mosler added, the best is yet to come. “Our future growth is being assured by our moves to enhance our capital markets business, diversify our services and expand in Europe and Asia,” he said. “Our Global Achievement Conference in Orlando will emphasize the future while celebrating the past.”
1917: Cushman & Wakefield founded by brothers-in-law J. Clydesdale Cushman and Bernard Wakefield as a property management firm in New York City.
Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 201 offices in 55 countries around the globe, and 12,000 talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.