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Cushman Realty Being Sold.


Los Angeles-based commercial real estate brokerage 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)
 Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp. has reached a tentative tentative,
adj not final or definite, such as an experimental or clinical finding that has not been validated.
 agreement to be purchased by Cushman & Wakefield Wakefield, estate, United States
Wakefield, family estate of George Washington, on the Potomac River, E Va.; part of the

George Washington Birthplace National Monument (see National Parks and Monuments, table).
 Inc.

John C. Cushman III John C. Cushman, III ia an American real estate developer. He is chairman of Cushman & Wakefield, a global real estate services firm.

Cushman joined Cushman & Wakefield Inc. in New York, NY in 1963 and then opened an office in Los Angeles in 1967.
, who co-founded Cushman Realty with twin brother Louis Cushman, is expected to be named chairman of Cushman & Wakefield's board of directors. Louis Cushman, who is based in Houston, is expected to be named vice chairman.

Under the deal, the Cushman Realty name would disappear and the firm's approximately 200 employees in 11 offices would be merged with Cushman & Wakefield's much larger organization, which includes about 9,000 employees worldwide.

Terms of the deal, which is subject to approval by both companies' boards of directors, were not disclosed.

Cushman & Wakefield was founded near the turn of the century by John and Louis Cushman's grandfather and great uncle. The brothers worked for Cushman & Wakefield until establishing their own firm in 1978.
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Title Annotation:acquisition by Cushman and Wakefield Inc.
Comment:Cushman Realty Being Sold.(acquisition by Cushman and Wakefield Inc.)
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 16, 2001
Words:144
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