{"id":1004187171,"date":"2017-08-16T10:18:08","date_gmt":"2017-08-16T18:18:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004187171"},"modified":"2022-12-08T20:12:05","modified_gmt":"2022-12-09T04:12:05","slug":"cush-wake-to-acquire-partner-firms","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/","title":{"rendered":"Cush &amp; Wake to Acquire Partner Firms"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004187179\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004187179\" data-attachment-id=\"1004187179\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/shawn-mobley-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\" data-orig-size=\"568,550\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Shawn Mobley, president of Cushman &#038; Wakefield&#8217;s East Region\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Shawn Mobley, president of Cushman &#038; Wakefield&#8217;s East Region&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg?w=568\" class=\"wp-image-1004187179 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\" alt=\"Shawn Mobley, president of Cushman &amp; Wakefield's East Region\" width=\"300\" height=\"290\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg 568w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg?resize=300,290 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004187179\" class=\"wp-caption-text\">Shawn Mobley, president of Cushman &amp; Wakefield&#8217;s East Region<\/p><\/div>\n<p>Cushman &amp; Wakefield have entered into an agreement with NorthMarq Cos. to acquire Cushman &amp; Wakefield NorthMarq in Minnesota and Cushman &amp; Wakefield Commerce operations in Nevada, Utah and Washington.\u00a0<\/p>\n<p><em>&#8220;This is far more than an acquisition \u2014 this is the formal merging of a trusted partner in our company,&#8221;<\/em>\u00a0said\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/new-roles-for-lickerman-stettinius-at-cushman-wakefield\/\">Tod Lickerman, chief executive, Americas\u00a0<\/a>at\u00a0Cushman &amp; Wakefield, in prepared remarks.\u00a0<\/p>\n<h2>Partnership Growth\u00a0<\/h2>\n<p>The leadership teams in all four markets will remain as they are. In total, Cushman &amp; Wakefield NorthMarq and Cushman &amp; Wakefield Commerce have 750 employees and manage 50 million square feet of real estate across 10 offices.\u00a0<\/p>\n<p>This merger will also have Jeff Eaton, president of NorthMarq Real Estate Services, expanding his role to lead the North Central Region, overseeing\u00a0Chicago, Minneapolis and Detroit. He led the acquisition of the property management division of Opus Corp., which added 25 million square feet of management to the company, as well as the creation of a joint venture with Cushman &amp; Wakefield in 2011, and the acquisition of Cushman &amp; Wakefield Commerce in 2013.\u00a0<\/p>\n<p><em>&#8220;We\u2019re always looking to strengthen our platform in growth markets, and this was the perfect opportunity given our long-term partnership with Cushman &amp; Wakefield NorthMarq\/Cushman &amp; Wakefield Commerce,&#8221;<\/em> Shawn Mobley, president of Cushman &amp; Wakefield&#8217;s East Region, told <em>Commercial Property Executive. &#8220;Along with the acquisition of 20VIC in Canada, acquiring NorthMarq and Commerce just accelerates our already considerable momentum and aligns with our goal of providing industry-leading services to our clients anywhere in the world.&#8221;<\/em><\/p>\n<p><em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company entered into an agreement with Northmarq to acquire its partner firms in Minneapolis, Seattle, Salt Lake City and Las Vegas. In total, the firms will have 750 employees and manage 50 million square feet of space. <\/p>\n","protected":false},"author":746,"featured_media":1004187179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1593,36076,23891,21742,1606,1610],"tags":[34896,34291],"class_list":["post-1004187171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-las-vegas","category-minneapolis-st-paul","category-national","category-latest","category-salt-lake-city","category-seattle","tag-cushman-wakefield","tag-northmarq-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cush &amp; Wake to Acquire Partner Firms - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cush &amp; Wake to Acquire Partner Firms\" \/>\n<meta property=\"og:description\" content=\"The company entered into an agreement with Northmarq to acquire its partner firms in Minneapolis, Seattle, Salt Lake City and Las Vegas. In total, the firms will have 750 employees and manage 50 million square feet of space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-16T18:18:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:12:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"568\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/\",\"name\":\"Cush &amp; Wake to Acquire Partner Firms - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\",\"datePublished\":\"2017-08-16T18:18:08+00:00\",\"dateModified\":\"2022-12-09T04:12:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Shawn-Mobley2.jpg\",\"width\":568,\"height\":550,\"caption\":\"Shawn Mobley, president of Cushman & Wakefield's East Region\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cush-wake-to-acquire-partner-firms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cush &amp; Wake to Acquire Partner Firms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\",\"name\":\"IvyLee Rosario\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"caption\":\"IvyLee Rosario\"},\"description\":\"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. 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