World Famous Transamerica Pyramid Properties Added To C&W Leasing And Management Portfolio
7 Sep, 2006, San Francisco
Cushman & Wakefield announced today it has been named the new leasing and management agent for the world famous Transamerica Pyramid and the Pyramid Center properties at 600 Montgomery, 505 and 545 Sansome Streets in San Francisco.
AEGON USA Realty Advisors, Inc.(AEGON), which provides real estate services to Transamerica Pyramid Properties, LLC, owners of the prestigious properties, said the appointment of Cushman & Wakefield became effective September 1, 2006.
The formal interview process, which was initiated in April of 2006 by AEGON, was conducted in order to adhere to certain internal policies and procedures in its management of real estate operations, which includes periodically competitively bidding its major third party service providers.
AEGON was looking for a company that had national strength and expertise in managing commercial real estate assets, an integrated service’s platform as well as providing outstanding tenant services. Cushman & Wakefield, which manages 430 million square feet around the world, specializes in managing and leasing for third party owners and also has an existing relationship with AEGON.
The Pyramid Center is home to tenants desiring a West Coast presence. The Transamerica Pyramid was built in 1972. Transamerica Pyramid Properties, LLC is a subsidiary of Transamerica Occidental Life Insurance Company, a member company of the AEGON Group.
Transamerica Occidental Life is a member of the AEGON Group, a multinational insurance organization headquartered in The Hague, the Netherlands. The AEGON Group is one of the world's leading life insurance and financial services organizations. For more information about Transamerica, visit www.transamerica.com.
Cushman & Wakefield is the world’s pre-eminent real estate services firm. Founded in 1917, the firm has 195 offices in 55 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.