Worldwide

Cushman & Wakefield Worldwide

400 offices in 70+ countries

 

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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More than 100 years of experience

 

The company was founded in New York in 1917, by J. Clydesdale Cushman and Bernard Wakefield. Expanding first throughout the United States and then globally, today Cushman & Wakefield has 400 offices across the world. Our history reflects our commitment to serving our clients on the highest level.

History

2017

The year marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action.

2015

The merger between Cushman & Wakefield and DTZ was successfully completed. The new Cushman & Wakefield draws on the best of both legacy organizations to create one of the world’s largest real estate services firms. Total revenues are over $5.5 billion, over 43,000 employees, more than 4 billion square feet globally managed on behalf of institutional, corporate and private clients.

2012

Cushman & Wakefield has 250 offices in 60 countries with more than 16,000 employees.

2011

Cushman & Wakefield launches its first investment fund in partnership with the pension fund SWIP, to invest in urban retail properties throughout Europe. The company has approximately $5.5 billion in assets under management, primarily in Europe and Asia Pacific. Cushman & Wakefield acquires full ownership of Corporate Occupier Solutions (COS), Ltd. , formerly a joint venture between Cushman & Wakefield and EC Harris to provide integrated facility, project, transaction, and asset management services to corporate real estate client across EMEA.

2010

Glenn Rufrano named President and CEO.

2008

Cushman & Wakefield acquires Burnham Real Estate in Western U.S. and P&D Real Estate Consultants in Turkey.    

2007

IFIL (now known as EXOR), the investment group of the Agnelli family, one of Europe's leading entrepreneurial families, listed on the Italian stock exchange , acquires an approximately 70% stake in Cushman & Wakefield becoming the firm’s majority shareholder. Cushman & Wakefield management and employees retained the balance of shares, creating strong alignment.

Cushman & Wakefield acquires real estate investment banking firm Sonnenblick Goldman, a premier debt and equity financing advisor. Cushman & Wakefield acquires Semco, assuming full control of Cushman & Wakefield South America and acquires 100% interest in Cushman & Wakefield Asia.

Cushman & Wakefield forms a strategic alliance with Property and Portfolio Research (PPR), an independent provider of commercial real estate research, portfolio strategy, and risk management advisory services.

Cushman & Wakefield forms Cushman & Wakefield Hospitality Asia and establishes Cushman & Wakefield Capital Asia (CWCA).

Cushman & Wakefield is named the exclusive leasing agent for One World Trade Center by the Port Authority of New York and New Jersey.

Cushman & Wakefield celebrates its 90th anniversary.         

2006

Cushman & Wakefield establishes its own office in Romania, Central Europe’s second biggest market after Poland.

Cushman & Wakefield purchase Cushman & Wakefield Mexico.  

2005

Bruce E. Mosler becomes CEO of Cushman & Wakefield.

Cushman & Wakefield sells the MetLife Building at 200 Park Avenue for $1.72 billion, the largest single-building sale in New York City history at the time.

2002

The Cushman & Wakefield Alliance Program was formed to expand service capabilities for clients in U.S. markets where owned offices were not maintained.

2001

Cushman & Wakefield acquires Cushman Realty Corporation (CRC), bolstering its presence on the West Coast and Southwest United States, bringing CRC founders John C. Cushman III and Louis B. Cushman back to the firm founded by their grandfather, J. Clydesdale Cushman and great-uncle, Bernard Wakefield. John C. Cushman became Chairman of the Board of Directors, and Louis B. Cushman, Vice Chairman.

1994

Cushman & Wakefield worldwide partnership is established with major real estate services firms in the U.S., Europe, Asia, South America, Mexico, and Canada.        

1984

Arthur J. Mirante II becomes CEO of Cushman & Wakefield.

1960

Cushman & Wakefield begins a national expansion establishing offices throughout the U.S. to better service its clients.

1930-1940

Cushman & Wakefield becomes a market leader in all real estate services throughout the regional New York area.

1917

Cushman & Wakefield is incorporated in New York by J. Clydesdale Cushman and Bernard Wakefield.

1910

Bernard Wakefield arrives in the United States from England, where since the age of 21 he had been managing a real estate office.