C&W acquires RDP: Huge boost for retail end.On Oct. 17, Cushman & Wakefield acquired Retail Development Partners (RDP (Remote Desktop Protocol) The presentation services protocol that governs input/output between a Windows terminal client and Windows Terminal Server. It is based on the T.share protocol. See Windows Terminal Server. (protocol) RDP - 1. ). The deal represents an expansion of an already remarkable national retail drive into a powerhouse initiative. As for RDP, the seven-person company brings to C&W a top-notch roster of high-profile clients that includes Millenium Partners. Their retail team boasts urban and shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into leasing experience in major cities across the country. Their retailers are Armani AX, Brioni, Club Monaco, Crate & Barrel and Sergio Tacchini, among others. There is no doubt that the combination will be extremely lucrative for all parties involved. "The deal to acquire this talented team was executed in 30 days and fits in perfectly with our initiative to build the premier national retail brokerage service line in the industry," said Bruce Mosler, president of U.S. operations for C&W. Mosler added that C&W would be announcing more retail real estate company acquisitions around the country over the next year. He also commended Susan Kurland and James Downey of C&W for their outstanding work in representing retail tenants in the competitive New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. market. Kurland, Downey and Mosler won the REBNY REBNY Real Estate Board of New York (Real Estate Board of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) Retail Deal of the Year Award last year. "The acquisition of RDP was based on our goal to create retail capability in hub cities," added Mosler. "We will replicate this formula in numerous urban centers such as San Francisco, Los Angeles, Chicago, and Atlanta." "I am proud to welcome this experienced and sophisticated team of retail brokerage professionals to Cushman & Wakefiled," said Arthur Mirante, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , C&W. "As a Cushman & Wakefield business, they have already begun enhancing the servicing of their prestigious clients with the added resources of the firm." |
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