Cushman & Wakefield
Cushman & Wakefield, Inc. is a global real estate services company.
The company was founded on 31 October 1917 by Cushman and Bernard Wakefield J.Clydesdale in New York City. Today it is the largest private agency for real estate. The company grew quickly after its founding and 1927 Clyde Cushman wrote a still valid and groundbreaking book: Management: How Modern Business Buildings Are Operated ( The proper guidance of modern business buildings). More authoritative books followed. Despite the global economic crisis in the 1930s, the company was profitable again soon. Rasch managed Cushman & Wakefield then the market leader in the real estate market of New York City.
The 1940s brought New York a new building boom and Cushman & Wakefield grew large in the young leasing market. Possibly the most prestigious project in 1946 was the sale of the site, which now houses the UN building on First Avenue in Manhattan.
From the 1960s to 1980s, the company expanded into the United States. There were new business added, now, other companies were discussed and additional ways to finance have been introduced. In this period, Cushman & Wakefield has been instrumental in the Willis Tower in Chicago involved (formerly Sears Tower ). Then the tallest building in the world by Cushman & Wakefield was funded and managed for many years.
In the 1970s, Cushman & Wakefield of the media group RCA Corp.. taken and sold to the Rockefeller Group in 1976. The company was merged with the group and it was a full-fledged real estate company with over 40 offices throughout the United States. 1989 Cushman & Wakefield one of the largest shareholders of the Japanese Mitsubishi Estate Co. Ltd. was .. So grew Cushman & Wakefield up to be one of the largest real estate companies in the world.
In the 1990s, global positioning was further expanded. Cushman & Wakefield bought the 1998 European Real Estate Society Healy & Baker. It was further assumed international real estate companies. 2000, distributed in 145 offices in 46 countries throughout the world Cushman & Wakefield 10000 employees.
2004 bought at Cushman & Wakefield Stiles & Russia's leading real estate company Riabokobylko. After more than a quarter of a century of international expansion Searched for other markets within the United States. In May 2005, Cushman & Wakefield negotiated from the 1.72 billion U.S. dollars trade of the MetLife Building at Tishman Speyer Properties. That was the highest ever paid for an office building price up to that time. 2007 broke all records Cushman & Wakefield as a broker with the sale of the building at 666 Fifth Avenue, the redeemed value is 1.8 billion U.S. dollars. 71.5 % of Cushman & Wakefield now belongs to the Exor, which she took over in 2007 by the Rockefeller group, while the remainder is largely owned by the management and the employees. Cushman & Wakefield in 2007 celebrated its 90th anniversary.
- Company (New York City )
- Real Estate Industry
- Founded in 1917