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C&W forms alliance with leading Chicago retail firm.

Cushman & Wakefield announced the formation of a strategic alliance initiative with Chicago-based Northern Realty Group Ltd., one of the Midwest's leading retail real estate services firms.

Cushman & Wakefield and Northern Realty Group will join forces to utilize each firm's services in an exclusive alliance, under which Northern Realty Group will further strengthen Cushman & Wakefield's rapidly growing retail services platform.

Northern Realty Group will provide leasing representation and consulting for retail clients in the Chicago Metropolitan Area.

"This new alliance with Northern Realty Group is a move to bolster our operations in retail markets where our clients have shown increased interest," said Tony Marano, Cushman & Wakefield's CEO of the Americas. "The partnership will expand the quality and quantity of services and professionals our clients require to seamlessly execute their retail real estate strategies."

"We are delighted to be teaming up with Cushman & Wakefield," said Bruce Kaplan, president of Northern Realty Group.

"The company's global reach and long history of successful relationships with both national and international companies will greatly enhance our ability to deliver a full range of services to our clients."

Formed in 1987, Northern Realty Group provides owner representation, consulting, tenant representation and development services for retail and mixed-use properties.

The firm specializes in third-party site acquisition on a national and regional basis. Northern also engages in the development of mixed-use properties in urban and suburban central business districts, and direct investment and asset management of mixed-use and retail properties.

Cushman & Wakefield is a leader in global retail services throughout the Americas, Europe and Asia.

The firm executes comprehensive services worldwide, offering tenants and landlords a full range of services, including strategic planning, site selection and acquisition, portfolio administration, agency leasing, portfolio leasing, investment sales and valuation services.

With more than 400 specialized retail professionals, Cushman & Wakefield offers local and global knowledge of the world's leading retail markets.
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Publication:Real Estate Weekly
Date:Sep 27, 2006
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