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AmEx names Cushman & Wakefield to manage downtown portfolio.

American Express Company has assigned property management responsibility for its 4.8 million square foot portfolio of properties in downtown Manhattan to Cushman & Wakefield, Inc., the commercial real estate services firm announced.

Steven W. Ford, national director of management services for Cushman & Wakefield, said "the assignment is another example of a major corporation showing confidence in Cushman & Wakefield's property management expertise."

The portfolio consists of the 2.4 million square foot American Express Tower at 200 Vesey Street; the 1.6 million-square-foot Shearson Lehman Brothers Plaza at 388 Greenwich Street and the 800,000 square foot Faulkner Center at 390 Greenwich Street. The buildings are entirely occupied by headquarters and subsidiaries of the American Express Company.

"To be associated with such a fine portfolio is just outstanding," Ford said. "American Express considered several firms during a six-month search for a property manager, and the commitment of Richard Tubb, Kevin McCann and Joe Wick in our Downtown office resulted in Cushman & Wakefield receiving the assignment."
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Title Annotation:American Express, Manhattan
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Mar 4, 1992
Previous Article:Who will fill Sally's shoes?
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