C&W acquires west coast project management firm.
The move was made to enhance Cushman & Wakefield's capabilities in project management in the western region.
"Cushman & Wakefield has a long history in project management which includes such notable projects as the Sears Tower in Chicago, the World Bank and the FDIC buildings in Washington, D.C., and Bank of America's headquarters in San Francisco," said John C. Santora, executive vice president, Asset Services, Cushman & Wakefield.
"More recently, Cushman & Wakefield has served as the project manager to such organizations as the NFL, Guardian Life Insurance, AIG, Kemper Insurance, Discovery Communications and Wells Fargo Bank. The acquisition of PMLA will add resources and talent to our western operations."
The Western Region is a significant part of Cushman & Wakefield's operations.
The region was bolstered in 2001 by the acquisition of Cushman Realty Corporation and is enhanced further by the addition of PMLA.
PMLA provides program, project and relocation management services to corporate and institutional clients. The firm has primary offices in Los Angeles and San Francisco, and satellite operations in Irvine, San Jose and Seattle. Founded in 1992, the firm has completed six million square feet of project work valued at $2.5 billion. PMLA's clients include Aetna, AOL, Ernst & Young, Amgen, The Capital Group and Toyota.
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|Publication:||Real Estate Weekly|
|Date:||May 19, 2004|
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