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Cushman & Wakefield Forms Retail Alliance With Chicago's Northern Realty Group
20 Sep, 2006, Chicago
Global real estate services firm joins forces with Chicago-based company to further
strengthen retail services platform
Cushman & Wakefield, the world's pre-eminent real estate services firm, announced today the formation of a strategic alliance initiative with Chicago-based Northern Realty Group Ltd., one of the Midwest's leading retail real estate services firms.
Cushman & Wakefield and Northern Realty Group will join forces to utilize each firm's services in an exclusive alliance, under which Northern Realty Group will further strengthen Cushman & Wakefield's rapidly growing retail services platform. Northern Realty Group will provide leasing representation and consulting for retail clients in the Chicago Metropolitan Area.
"This new alliance with Northern Realty Group is a move to bolster our operations in retail markets where our clients have shown increased interest," said Tony Marano, Cushman & Wakefield's CEO of the Americas. "The partnership will expand the quality and quantity of services and professionals our clients require to seamlessly execute their retail real estate strategies."
"We are delighted to be teaming up with Cushman & Wakefield," said Bruce Kaplan, president of Northern Realty Group. "The company's global reach and long history of successful relationships with both national and international companies will greatly enhance our ability to deliver a full range of services to our clients."
Formed in 1987, Northern Realty Group provides owner representation, consulting, tenant representation and development services for retail and mixed-use properties. The firm specializes in third-party site acquisition on a national and regional basis. Northern also engages in the development of mixed-use properties in urban and suburban central business districts, and direct investment and asset management of mixed-use and retail properties.
Cushman & Wakefield is a leader in global retail services throughout the Americas, Europe and Asia. The firm executes comprehensive services worldwide, offering tenants and landlords a full range of services, including strategic planning, site selection and acquisition, portfolio administration, agency leasing, portfolio leasing, investment sales and valuation services. With more than 400 specialized retail professionals, Cushman & Wakefield offers local and global knowledge of the world's leading retail markets.
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Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 189 offices in 57 countries around the globe, and 11,000+ 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.
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