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Approximately 1.4B SF of office space currently available won't be desirable enough to be filled by the end of the decade, per a new report from Cushman & Wakefield.
News

1.4B SF Of U.S. Office Will Be Obsolete By 2030, Cushman & Wakefield Predicts

... released this week, commercial real estate services giant Cushman & Wakefield estimates that number will be roughly 330M SF ... report found. It called these buildings "functionally obsolete." Cushman & Wakefield classifies roughly 60% of all office stock as “ ...

Feb 23, 2023
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From top left: Robert Given, Zach Sackley, Troy Ballard, Calum Weaver and Brad Capas CBRE from Cushman and Wakefield
News

CBRE Nabs South Florida Multifamily Team From Cushman & Wakefield

... a major multifamily shake-up in South Florida. Cushman & Wakefield's local multifamily investment sales group, which has arranged ... president, after serving as executive director at C&W. Cushman & Wakefield’s South Florida multifamily team completed $4.65B ...

Jun 08, 2023
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Origin Stories: Cushman & Wakefield's Doug Jones On How Military Experience Prepared Him For Life In CRE
News

Origin Stories: Cushman & Wakefield's Doug Jones On How Military Experience Prepared Him For Life In CRE

... brought a ton from the military into my work at Cushman & Wakefield. I spent four years at West Point, plus Ranger ... CRE? Jones: Rick Cenkus, Americas Lead, Valuation & Advisory Services at Cushman & Wakefield, has been a great mentor to me. Because he is ...

Jun 29, 2021
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With Recession Likely, U.S. Property Values Could Drop 20% By 2023, Cushman & Wakefield Projects
News

With Recession Likely, U.S. Property Values Could Drop 20% By 2023, Cushman & Wakefield Projects

... stay high and inflation persists.  In that case, Cushman & Wakefield estimates property values will slip by about 20% ... will the shifting environment affect commercial real estate?’” Cushman & Wakefield Chief Economist Kevin Thorpe said in a video discussing ...

Aug 30, 2022
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Cushman & Wakefield Global Brokerage Chairman Bruce Mosler
News

What Happens Next? Cushman & Wakefield Forms Post-Pandemic Recovery Task Force

... . The shape of the recovery is unknowable, Cushman & Wakefield Chief Economist and Global Head of Research Kevin ... , insurance and coworking sectors, the company reports. Cushman & Wakefield Global President John Forrester will lead the Recovery Readiness ...

Apr 09, 2020
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Office Market Out Of Kilter Until 2025, Cushman & Wakefield Predicts
News

Office Market Out Of Kilter Until 2025, Cushman & Wakefield Predicts

... an important role in the economy going forward,” Cushman & Wakefield Global Head of Forecasting Rebecca Rockey said in a ... of the reason for negative office absorption, according to Cushman & Wakefield. Even without it, absorption rates were in decline, ...

Sep 23, 2020
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CBRE, Cushman & Wakefield Heavy Hitters Move To Stream Realty
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CBRE, Cushman & Wakefield Heavy Hitters Move To Stream Realty

... Presidents Bryan Heller and Peter McGuone, as well as former Cushman & Wakefield Executive Director Glenn Kolker and Senior Director Preston Menning, to ...

Jun 08, 2022
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Colliers' Mark Sullivan, Matthew Venos and Martha Naughten.
News

Colliers Hires 3 D.C. Brokers From Cushman & Wakefield, Carr Properties

... Monday it hired Mark Sullivan and Matthew Venos from Cushman & Wakefield and Martha Naughten from Carr Properties.  Sullivan joins ... as a senior vice president, began working at Cushman & Wakefield in 2008. The two have represented clients like BlackRock ...

Dec 07, 2020
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HALL Group Leasing Exec Jumps To Cushman & Wakefield
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HALL Group Leasing Exec Jumps To Cushman & Wakefield

... of best-in-class professional who perfectly aligns with the Cushman & Wakefield brand,” said Matt Schendle, executive managing director and office agency ...

Apr 05, 2021
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JLL Senior Vice President Jeanette Ko.
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JLL Hires D.C. Leasing Broker From Cushman & Wakefield

... Jeanette Ko, who previously led investor services efforts at Cushman & Wakefield in Northern Virginia.  Ko joins JLL as senior ... . SE renovation in Capitol Riverfront.  Prior to joining Cushman & Wakefield in 2015, Ko worked at Transwestern for over three ...

Aug 23, 2021
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