Cushman & Wakefield Expands Valuation Services With North Carolina Operation

10 Mar, 2006, Raleigh, NC

Cushman & Wakefield (C&W), the world's largest privately held real estate services firm, today announced that Jetton Valuation Group, one of North Carolina's leading full service appraisal firms, has joined their existing North Carolina operation. Jetton Valuation Group has been owned and operated by Mr. E. Cody Jetton who will now be a managing director with Cushman & Wakefield's Valuation Services Group, Capital Markets Group.

This strategic move will allow Cushman & Wakefield to significantly expand its market penetration with 12 valuation professionals serving North Carolina. Jetton Valuation Group's core capabilities are commercial real estate appraisals, market and feasibility studies, and consulting for office, retail, industrial, undeveloped land and multifamily, including apartments and for-sale condominiums. Further strengthening Cushman & Wakefield's service capabilities in North and South Carolina, the firm continues to grow its brokerage services business with Commercial Carolina Corporation, a member of the Cushman & Wakefield Alliance. C&W currently employs five valuation services professionals who are domiciled in the Commercial Carolina Raleigh and Charlotte offices.

Over the last two years, C&W has provided appraisal or consulting services for more than 600 properties located in North Carolina and South Carolina with a combined value of more than $7.9 billion.

"Our business is about helping clients find the best way to use real estate to support their financial and operational strategies," said M. Nicole Urquhart-Bradley, senior managing director and area leader for C&W's Valuation Services, Capital Markets Group. "The marriage of strengths between Cushman & Wakefield and Jetton Valuation will enable us to gain increased market share while providing best-in-class service in this important consultancy practice."

Mr. Jetton's 20 years of experience in real estate spans work with several multinational firms including a bank, two accounting firms and three commercial real estate companies.

"Becoming part of the C&W team will allow us to provide better service to our existing clients and give C&W's clients an added dimension of local expertise," said Jetton. "Overall, we see joining C&W in a very favorable light and are excited about the opportunities it brings."

For more information, contact Cody Jetton, MAI, CRE at 919-465-0455, James B. Sineath of Commercial Carolina at 919-510-6782 or Nicole Urquhart-Bradley, MAI at 202-739-0393.To learn more about the Valuation Group of Cushman & Wakefield, please visit our website at http://valuation.cushwake.com.

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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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