Cushman & Wakefield Announces Promotions

24 Mar, 2006, Dallas, TX

Five Brokerage Professionals Earn Advancement

Five brokerage professionals in the Dallas office of Cushman & Wakefield of Texas, Inc. have received promotions announced by parent company Cushman & Wakefield, Inc. from its World Headquarters in New York. Among the promotions were Bill McClung, named Executive Vice President; Tom Salanty, named Executive Director; Andrea Peskind, named Executive Director; and Matt Heidelbaugh, named Senior Director.

"Working with such professionals that exude excellence in everything they do is a privilege," said Elizabeth Trocchio, Executive Managing Director of Cushman & Wakefield of Texas, Inc. "It proves once again that the key to our success continues to be our people."

Mr. McClung, a Cushman & Wakefield National Top-100 in 2005, becomes the second highest ranked brokerage professional in the Dallas branch. Bob Edge, who hired Mr. McClung at Cushman & Wakefield 28 years ago, is a Vice Chairman in the firm. Among his many recent accomplishments, Mr. McClung was a Stemmons Award finalist in 2005 for the third time in his career. Having represented both tenants and landlords, Mr. McClung has successfully negotiated leases totaling more than 9 million square feet. He was previously an executive director.

Mr. Salanty, also a Cushman & Wakefield National Top-100 in 2005, is a member of the firm's Capital Markets Group, specializing in retail investment sales. He recently completed one of the most successful years of dispositions in his 20-year career in commercial real estate, closing 10 transactions throughout the southwest, valued at more than $138 million. Mr. Salanty was previously a senior director.

Ms. Peskind specializes in office investment sales for the Capital Markets Group. Since 1992, she has been involved in transactions comprising 22 million square feet, valued at more than $2 billion. Ms. Peskind was previously a senior director.

Mr. Heidelbaugh is a member of the firm's Transaction Services Group. He specializes in office tenant representation and has participated in transactions totaling more than 20 million square feet during his eleven years with Cushman & Wakefield. In 2005, Mr. Heidelbaugh led the brokerage team that was awarded Deal of the Year in the Dallas branch for representing Fluor in its Global Headquarters relocation. He was previously a director.

In addition to the aforementioned advancements, Noel Hutcheson was promoted to Associate Director.

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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. We also provide 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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