Cushman & Wakefield to base Latin link HQ in Miami
& Wakefield's Miami real estate office will become the base for its
nationwide liaison with Latin America.
have already taken some additional space," said Pete Harrison,
senior managing director and operating director for the Florida area.
"Part of it will be used by one or two people we will eventually
hire to be a liaison between domestic Cushman & Wakefield and South
announcement comes in tandem with the opening of operations in Buenos
Aires, making Argentina the third South American country where Cushman
& Wakefield, a full-service commercial real estate provider, has a
presence. It also has offices in Brazil and Chile.
strategy is to be the multi-disciplined, fully integrated real estate
provider in all major business centers of the world," said John
B. Coppedge III, executive managing director of international services.
"Our expansion to Buenos Aires is in keeping with that strategy."
Harrison said Cushman & Wakefield was once well-ensconced in South
America through affiliate partners, but a corporate decision to own
rather than have affiliations "sent us back to zero.
have been expanding there by either acquisition or identifying the
right senior broker and bringing him or her in."
job of the Miami liaison will be similar to that of Asian and European
coordinators based in New York, he said.
the purpose of the liaison person or persons," he said, "will
be to coordinate the needs of 180 or so corporate clients whose international
real estate work we handle."
firm will be opening branches in Caracas, Bogot and elsewhere in Latin
America, Mr. Harrison said.
want to have Cushman & Wakefield offices in the major seven to nine
cities," he said.
company has run an office in Mexico for more than 10 years, Mr. Harrison
said, and has done quite a bit of work in Panama and Costa Rica for
its corporate clients. In all, the firm has 146 offices in 45 countries.