Three Top-Producing Industrial Brokers Expand Cushman & Wakefield’s Baltimore Leasing and Sales Group

15 Feb, 2008, Baltimore, MD

Cushman & Wakefield (C&W) today announced the appointment of Matthew A. Laraway, Edward P. (Ned) Brady, and Timothy J. Cahill as Senior Directors in the firm’s Baltimore Maryland brokerage services practice group.

Highly respected veteran brokers and team leaders, Messrs. Laraway, Brady and Cahill have consistently been top producers in the leasing and sale of industrial properties throughout the Baltimore-Washington corridor. The three brokers collectively have over 50 years’ experience and success representing some of the region’s most active tenants and landlords.

“This marks a significant step in C&Ws continued growth in meeting the commercial real estate needs of the Baltimore market,” said David Baird, senior managing director of Cushman & Wakefield in Baltimore. “As three of the most respected industrial practitioners in this market, Matt, Ned and Tim bring a wealth of knowledge and insight. Combining their talents with C&Ws platform will deliver significant results to our clients,” continued Baird.

Mr. Laraway has extensive experience representing corporations, landlords, real estate investment firms, and manufacturing clients. Prior to his most recent position at CBRE, Mr. Laraway worked with GFI Partners, where he oversaw leasing and dispositions with a total value of approximately $140 million. During his tenure at CBRE, he was a senior member of the Industrial team, providing institutional agency leasing and regional and national tenant advisory services. Mr. Laraway is a graduate of Northeastern University.

"We significantly enhance our practice by becoming part of a worldwide leader like Cushman & Wakefield, which offers a complete professional menu of consulting, strategic planning, advisory services, appraisal, construction management, brokerage and investment salesservices,” said Matt Laraway. “The Maryland industrial market is seeking best-in-class service providers and C&W will be the firm of choice. Now we will focus on increasing market share,” continued Laraway.

During his 20-year career, Mr. Brady has specialized in the re-development and construction of industrial properties as well as the management, leasing and sale of assets for companies such as CALPERS, GE Capital, Corporate Office Properties Trust (COPT) and Cabot Properties. Mr. Brady also served as the Director of Technical Services and the Director of Asset Services for the Baltimore/Washington region while at CBRE. In the last two years, Mr. Brady has used his background in construction and engineering to complete over two million square feet of turn key tenant improvements/re-development at a gross cost of $60 million, and is currently engaged in development projects totaling over 600,000 square feet. Mr. Brady is a member of the National Association of Industrial and Office Properties (NAIOP).

Timothy Cahill’s 20-year career in commercial real estate has included roles as CBREs senior managing director for the Baltimore office where he supervised the brokerage and asset management efforts of over 300 employees as well as industrial brokerage tenure with Casey & Associates. Mr. Cahill’s significant business development, management, acquisition and brokerage background will enable him to offer a broad range of industrial consultancy services to his clients. He has represented numerous national and local companies including NPV Direct Invest, BGK Integrated Group, and ProLogis. Mr. Cahill has degrees from Mount St. Mary’s College and Johns Hopkins University. He is involved with several civic organizations including the Greater Baltimore Board of Realtors, Johns Hopkins Real Estate Roundtable and the NAIOP Board of Directors, Maryland.

For further information, please contact David Baird, senior managing director and branch manager for Baltimore, at 410-685-9240.

Cushman & Wakefield is one of the world’s largest commercial real estate services firms. Founded in 1917, the firm has 215 offices in 56 countries, and 12,000 talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, lenders and investors through every stage of the real estate process. These solutions include representing clients in the buying, selling, financing, leasing and managing of assets. The firm 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.

Contact: Louise Ferreras
703-281-1703
louise@theventuresgroup.com

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