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C&W named representative to find new Witco HQ.

Cushman & Wakefield, Inc. has been named exclusive broker and consultant to secure a new world headquarters office for Witco Corp., a major specialty chemical and petroleum products company.

G. Tyson Maroon of Cushman & Wakefield's. corporate headquarters office in midtown Manhattan is directing the brokerage team, which also includes Curtis Foster and Peter Ham-burger of the New Jersey office and Maureen O'Boyle and Bill Hartman of the Stamford/Westchester office.

Witco, currently headquartered at 520 Madison Avenue, requires approximately 250,000 square-feet. Cushman & Wakefield is conducting a search for an ment consultants group has been retained to work with Witco to determine the square footage requirements, select an architect and a design team, and analyze existing relocation alternatives. Occupancy is planned during the last quarter of 1993.

In the fourth quarter of 1992, Witco more than doubled its international revenues when it acquired the industrial chemicals and natural substances divisions of Schering AG Germany for about $450 million.
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Title Annotation:Cushman and Wakefield Inc. named exclusive agent in search for new headquarters for for Witco Corp.
Publication:Real Estate Weekly
Date:Feb 2, 1993
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