Cushman & Wakefield acquires Burnham Real Estate.New York-based Cushman Cushman is a manufacturer of industrial vehicles, personal vehicles, and other custom vehicles, including parking patrol auto rickshaws. Models Haulster (Small industrial multi-purpose truck) Bellhop Series (Golf Carts) Tug(Large Truck) & Wakefield Inc. announced it reached an agreement to acquire Burnham Real Estate, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Terms of the agreement were not disclosed. The agreement, which closed in January, is expected to position Cushman & Wakefield as the leading commercial real estate firm in San Diego and further strengthen the firm's expansive Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, operations. For Burnham, the move provides its professionals direct access to a premier, full-service platform of 215 offices in 56 countries, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Mosler, president and chief executive officer of Cushman & Wakefield. "Burnham is the industry prototype for the premier regional firm," said Mosler. "Our clients expect the best representation everywhere they conduct business, and it's strategic acquisitions of firms like Burnham that have helped Cushman & Wakefield to expand its reputation for excellence locally and globally." Founded in 1891, Burnham Real Estate had grown to become one of the region's largest and most diversified diversified (di·verˑ·s full-service real estate companies, with 250 professionals and employees operating from three offices in San Diego County, one in South Riverside County/Temecula and one in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . Services include traditional brokerage, corporate services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. , asset services, capital markets, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , strategic corporate consulting and project management. The company's total estimated 2007 brokerage and finance transaction volume is $3 billion. "The combination of Burnham's Southern California expertise with Cushman & Wakefield's global reach will provide enhanced best-of-class services in the region to clients of both firms," said Tony Marano, Cushman & Wakefield's chief executive officer for the Americas. "We both have strong cultures, we value our traditions of integrity and excellence, and our professionals share a client-first philosophy--all of which make this a powerful combination of talent in the region." Burnham Real Estate President and Chief Executive Officer Stath Karras said that becoming part of the respected Cushman & Wakefield brand is a tremendous opportunity for Burnham clients, professionals and employees. "This move will provide our clients with an even higher level of service and direct access to opportunities in other markets, while still enjoying the relationships they have formed with our professionals," said Karras. "Additionally, our professionals and employees will benefit through increased opportunity for career and personal growth through a broader range of resources and the international network of Cushman & Wakefield offices." Karras will serve as executive managing director of the Cushman & Wakefield San Diego operation, which, after Jan. 1, 2008, included the three former Burnham Real Estate offices, under the Cushman & Wakefield brand. |
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