CWK - Mergers and acquisitions

Industrial Portfolio Offers Additional Development Opportunity in Growing Richmond Market BALTIMORE, Aug. 23, 2022 /PRNewswire/ -- Merritt Properties announced today that it has purchased Crescent Business Center in Ashland, Virginia, for $41.3 million. The project includes five existing Class A industrial buildings situated on ± 20 acres, as well as an additional ± 19 acres for new development opportunities to meet the market's unprecedented demand for warehouse and distribution space. Merritt acquired the park from Crescent Business Center LC, a Thalhimer Realty Partners, Inc. development.

Global real estate services firm Cushman & Wakefield (NYSE:CWK) has acquired specialist UK logistics and industrial consultancy Burbage Realty Partners Limited (BRPL) as it continues its expansion in the growth sector. Founded in 2017, BRPL provides a suite of services including strategic land, development funding, investment, lease advisory and occupational agency. Operating across the UK and a leader in the Midlands Grade A logistics market – a critical location for distribution centers and online retail fulfilment – its clients include many of the sector's foremost developers and investors. The strategic acquisition complements and strengthens Cushman & Wakefield's UK Logistics & Indus

The 1,158 Acre Rail Served Property is Strategically Located in the Gulf Transportation Network Liberty Development Partners, a joint effort between Connor Investment Real Estate and Logistics and Development Resources, today announced the acquisition of CMC Railroad and Gulf Inland Logistics Park, a 1,158-acre rail served industrial park. Adjacent to Gulf Inland Logistics Park a recent 200-acre acquisition by the partnership will expand the park's capacity to serve the increasing demand for rail served industrial sites. Gulf Inland Logistics Park features immediate access to the Grand Parkway and US Highway 90 as well as the two largest US Class I Railroads, the BNSF Railway and the Union

Acquisition bolsters Occupier and Project Management services locally Cushman & Wakefield (NYSE:CWK) announced the firm has acquired Cresa Partners of Los Angeles, Inc. ("Cresa"). Cresa's operations comprise three Los Angeles County offices located in West Los Angeles, Woodland Hills and Westlake Village. Representing occupiers exclusively, Cresa professionals have extensive experience providing commercial real estate services to clients in diverse industries, including entertainment, technology, interactive entertainment, professional services, biotech and transportation. The team comprises over 40 professionals, made up of occupier representatives and project managers. "This is a signi

Cushman & Wakefield (NYSE:CWK), a leading global real estate services firm, has acquired Grant Street Associates, Inc. in Pittsburgh, Pennsylvania after an 18-year alliance. Grant Street Associates has been providing quality, client-oriented commercial real estate services since 1993, with the firm's principals having more than 90 years of combined experience in commercial real estate. Grant Street Associates currently represents more than 5 million square feet of office, flex and retail space in the downtown and suburban areas of Pittsburgh. The firm is a ten-time recipient of the Pittsburgh Business Times' Best Places to Work award. "We are excited to have Grant Street Associates join

Cushman & Wakefield (NYSE:CWK) announced that the firm has acquired the operations of long-time alliance member Pacific Commercial Realty Advisors (PACCRA) located in Central California and Idaho. The acquisition comprises PACCRA's offices in Bakersfield, Fresno and Santa Clarita, California and Boise, Idaho. "We are thrilled in having PACCRA join Cushman & Wakefield, which cements our long-term partnership with a shared vision and mission of collaboration, innovation and delivering exceptional value to our clients, while also enhancing our business in these markets," said Dan Broderick, President of the West Region for Cushman & Wakefield. "PACCRA is a very talented and well-respected tea

With this investment, Cushman & Wakefield acquires a 40% stake in Greystone's Agency, FHA and Servicing businesses Cushman & Wakefield (NYSE:CWK), a leading global real estate services firm, announced today that it finalized its strategic investment of $500 million in Greystone, a leading national commercial real estate finance company, acquiring a 40% stake in Greystone's Agency, FHA and Servicing businesses. With this investment, Cushman & Wakefield and Greystone have officially closed and entered into a previously announced strategic joint venture to deliver best-in-class advisory services and capital solutions to existing, joint and new clients of both firms nationwide. Greystone inte

Cushman & Wakefield (NYSE:CWK) announced the firm has acquired the South Carolina operations of its long-time alliance member Morton G. Thalhimer, Inc., including three offices located in Charleston, Greenville and Columbia. Founded in Glen Allen, Virginia, in the early 20th century, Thalhimer brings experience in a variety of services, including tenant representation, landlord representation, property disposition, buyer representation, property management, project management and development. Operating as a unified team, Cushman & Wakefield and alliance member firms integrate the strength of local talent, relationships and market intelligence with the full capacity of Cushman & Wakefield'

Cushman & Wakefield (NYSE:CWK) announced that the commercial real estate services firm has arranged the sale of Bridge Point Miramar, a 304,428-square-foot (sf), rear-load distribution center located in Miramar, Florida. The final sale price was $71.55 million. Mike Davis, Rick Brugge, Dominic Montazemi and Rick Colon of Cushman & Wakefield, with assistance by Chris Metzger, Matt McAllister and Rick Etner, represented the seller, Bridge Industrial, a privately-owned, vertically integrated real estate operating company and investment manager, in the transaction. Cabot Properties, a private partnership that acquires, develops, and operates logistics real estate in world-class cities, acquire