Cushman & Wakefield Announces Commercial Nashville Real Estate Services as Newest Alliance Partner.

Business Editors

NASHVILLE, Tenn.--(BUSINESS WIRE)--Dec. 11, 2002

Cushman & Wakefield announced today that Commercial Nashville Real Estate Services, LLC has become its latest Alliance Partner, covering Middle & East Tennessee. Commercial Nashville is composed of a highly respected group of commercial real estate professionals which joined forces to better provide their clients a full range of services. Five former Mission Property Company associates have teamed with Fidelity Real Estate Group to create Commercial Nashville. Terry W. Smith, Arthur W. McWilliams, Brent G. Basham, William R. Lyell and Brittany T. Lorenzi have longstanding ties to Cushman & Wakefield. They are joined by Fidelity's Chris G. Smith, Richard Leach and Cate Brumley.

Fidelity manages and leases 700,000 SF of commercial properties including Woodmont Centre, 3310 West End Avenue, Parkview Towers, Brentwood Highlands, and Nashville Sash & Door. Commercial Nashville's office is in Woodmont Centre located at 102 Woodmont Boulevard, Nashville, TN 37205.

Cushman & Wakefield is the premier real estate services firm in the world, with 11,000 employees operating from 49 countries. As part of the C&W Alliance, Commercial Nashville provides office, industrial and retail brokerage, property management, as well as investment and land sales. Cushman & Wakefield Alliance Members provide clients in non-C&W markets the full range of C&W offerings including Advisory, Asset, Corporate and International Services.

The Commercial Nashville team has over 90 years of commercial real estate experience with membership and leadership roles in SIOR, CCIM, NAIOP, CREW, the Nashville Area Chamber of Commerce, and Partnership 2010. Current staffing totals 15, including Brokers, property managers, building engineers and administrative staff with plans to actively recruit other top brokers and property managers. This depth of experience combined with the C&W Alliance will provide clients and customers unmatched service and breadth of resources.

The appointment of Commercial Nashville as an Alliance Member is the direct result of more than two decades of continuing relationships with Cushman &Wakefield that provided service to a roster of prestigious national and local companies. Those relationships have been instrumental in serving some of corporate America's finest companies in the Nashville market.

Clients have included Dell Computers, American General, Archon, AT&T, City Center Partnership, Crescent Resources, Dreyfus, Duke Weeks, Ford Motor Company, General Electric, Genesco, Highwoods Properties, Hines Interests, Northwestern Mutual, Shorenstein and Willis Corroon.

Tenants represented include: American Healthways, AOL Time Warner, AT&T, CIGNA, Hartford Life, HealthSouth, Delfi Automotive, First Tennessee Bank, Ford Motor Credit, Honeywell, Kemper Insurance, Lucent Technology, Noranda Aluminum, Paine Webber, Primus Automotive and Procter & Gamble.

Transactions consummated through the C&W network by Commercial Nashville team members include the sale, lease or acquisition of some of Nashville's more notable properties including: the Dell Computer Campus, the 600,000 SF Harding Industrial complex, Willis Corroon's 600,000 SF Headquarters, Primus's 500,000 SF Headquarters, One and Two American Center totaling 400,000 SF, AT&T/Bankers Trust's 226,000 SF Grassmere Operations Center, the 130,000 SF Comdata Building in Brentwood, CIGNA's 100,000 SF Medicare office in Metrocenter, CIGNA's 95,000 SF office in Cool Springs, the Quorum Buildings in Brentwood and 54 & 60 Music Square East.

The Cushman & Wakefield Alliance is the culmination of years of personal and professional relationship building by Commercial Nashville members. In 1977 McWilliams and three partners sold their firm in Atlanta to C&W. During the 80's they opened other C&W offices in the southeast including Nashville, Memphis, Raleigh, Charlotte, Louisville, Miami, Tampa and Jacksonville. In the early 90's C&W closed all southeastern offices except Atlanta, Miami and Tampa, but maintained informal but productive referral relationships with the brokers in each city, including McWilliams, Smith, Lyell and Basham in Nashville.

In 2002 C&W launched an aggressive expansion of the formalized alliance program. The first round of affiliations included C&W brokers in former C&W cities. More recent expansions included cities in the Midwest and west coast. C&W's growing alliance roster currently includes: Commercial Nashville, Commercial Tennessee in Memphis, Commercial Carolina, Commercial Jacksonville, Eason Graham & Sandner in Birmingham and Huntsville, Kessinger Hunter in Kansas City, NorthStar Partners in Minneapolis, Summit Realty in Indianapolis, Cincinnati Commercial Realtors, Corporate Real Estate Advisors in San Diego and Thalhimer in Virginia.

For a photograph or more information about Commercial Nashville please contact Brittany Lorenzi at 615-297-7400,or [e-mail] or visit comnash.com. For more information about Cushman & Wakefield or the Alliance program please contact Derrick Mashore at 212-841-7757 or visit www.cushwake.com.