Cushman and Wakefield News

From Apollo Global Management head Leon Black to Boston Properties boss Mort Zuckerman, the New York City real estate industry is a critical component to the East End scene.

Dynarex Corp., based in Orangeburg, N.Y., has expanded into Jacksonville with a West Jacksonville warehouse to distribute medical products.

New commercial real estate brokerages are launching in the United States, in what may be a sign that the market's recovery is durable.

This week's People of Note includes the following markets: Atlanta, Austin, Kansas City, National, New York City, San Antonio, San Francisco, South Bay and Washington, DC.

Some of the biggest players in the U.S. retail market who gathered at this year's RECon event in Las Vegas have announced their intentions to slow or halt development in the retail sector for the next two to three years.

Possibly for the first time ever, the house rents in the national capital region have surpassed that in Mumbai, the country's financial capital where commercial real estate has long been considered prized.

From left: Chase Welles, a partner with SCG Retail, and David Birnbrey, chairman of the Shopping Center Group, at a party Sunday, Holly Cohen, senior vice president of real estate planning at J. Crew and Glenn Rufrano, CEO of Cushman & Wakefield, at a panel on Sunday, and Prudential Douglas Elliman's Faith Hope Consolo, chairman of retail leasing ... (more)

"Between $88 and $115 a foot," he said without hesitation of the prices he's seeking at 51 Astor Place, the Fumihako Maki- designed office project he's building in the East Village.

The city's top retail landlords and brokers are making final tweaks to their appointment schedule and ironing out which parties and dinners they will attend, just two days before the official start of the world's largest retail trade show, the International Council of Shopping Center's RECon, in Las Vegas.

Retail space in Baltimore City is leasing for an average of about $20 per square foot, while the vacancy rate hovers at 6 percent, according to recent figures released by Cushman & Wakefield.

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Commerce has a new branch office in Utah County and invited the area's business community to celebrate with a ribbon cutting and open house celebration on Thursday, May 17.

Ray Hayhurst and Steven Tanner have joined some of their former colleagues up the road at Cushman & Wakefield of Florida Inc.

Cushman & Wakefield | Thalhimer had some good success for the May in commercial leases: Federal Financial Investments Inc.

Growth in rents for prime offices in Beijing has gone down in comparison with last year as a result of the release of a total of 136,000 square meters of new offices in the first quarter in the market.

Global commercial real estate firm Cushman & Wakefield reported a loss in the first quarter today as well as slow revenue growth, providing one of the weakest earnings statements among the five property companies that have publicly released year-over-year figures for the first three months of 2012.A Cushman, through its Italian parent company Exor, ... (more)

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Before we knew about the latest plans for the old Golden Egg building, I saw something that doesn't seem to fit with imminent demolition of this wart on the backside of King's Square.

A group of leasing executives from Jones Lang LaSalle filed a lawsuit against their former firm, Cushman & Wakefield, on Wednesday for $8 million over alleged unpaid compensation, the New York Observer reported.

They will set-up house on the entire third floor at the 23-story Cushman & Wakefield building .