Cushman & Wakefield Is Acquiring Partner Firms NorthMarq and Commerce

Cushman & Wakefield is pleased to announce it has entered into an agreement to acquire Cushman & Wakefield NorthMarq and Cushman & Wakefield Commerce.

We look forward to merging these extended teams and trusted partners into our company upon closing, which is expected August 31, 2017. Together we are affirming our commitment to seamlessly offer clients the best strategic advice and platform of services wherever they do business.

Paul Donovan Speaks at MREJ Nonprofit Real Estate Summit

Paul Donovan from the MSP Advisory Services Team was a featured panelist at the Charitable, Nonprofit & Religious Facilities Real Estate Summit hosted by the Minnesota Real Estate Journal on August 11th at the Golden Valley Country Club. Donovan spoke about how and when nonprofits evaluate and strategize around their real estate needs. The audience was comprised of both real estate professionals and leaders in the nonprofit community.

Paul Donovan Talks Tech Cities with Minnesota Business

Minneapolis-St. Paul is on the cusp of the Top 10 Tech Cities in the United States. Why is that? Paul Donovan from the MSP Advisory Services Team weighs in on the ranking in Minnesota Business Magazine here:

http://www.minnesotabusiness.com/msp-almost-top-10-tech-city

Cushman & Wakefield’s Sherry Cushman brings national legal findings to Minneapolis

Cushman & Wakefield’s Sherry Cushman and members of the Legal Sector Advisory Group brought together some of the leading minds in the Twin Cities legal community June 12 for a symposium on what issues are facing firms all over the globe.

Sherry, Executive Managing Director of the Legal Sector Advisory Group for Cushman & Wakefield Americas, shared findings from CW’s annual Bright Insight survey, which seeks responses from law firms (large and small, coast to coast) and associates on what issues are facing the legal sector, both in the present and future.

Among the major findings, Sherry told the group, firms identified fixed fee structures as their top concern. Also, firms continue to evolve their real estate for the future, using more hoteling and planning to implement single-size offices within the next decade. Overall, a fifth of all firms say they plan to make dramatic changes to their overall structure within five years.

The study also found that more than a quarter of all firms do not have a succession plan in place, nearly three-quarters say technology and IT security needs are greater than ever, and associates’ top priority is a work/life balance.

To learn more about the Bright Insight study and the 2017 results firsthand, contact us to schedule a meeting.

MSP Advisory Services Team Helps Alliance Game Distributors Open Sales Office

Cushman & Wakefield’s MSP Advisory Services Team represented Alliance Game Distributors in leasing 2,837 SF of office space at Winsor Office Plaza, 1935 County Road B2 W, Roseville, MN. 724 Associates, LLLP was the Landlord. This will be their first sales office in the Twin Cities.

Alliance Game Distributors is a recognized leader in the gaming industry, offering an exceptional range of services and programs to our customers. They specialize in the distribution of board games, card games, miniatures, role playing games and thousands of gaming tools and accessories. With 5 warehouses across the country, they work with over 250 vendors to provide a large variety of games to retailers around the world.

Cushman & Wakefield Ranked #1 Best of the NLJ

For the fourth year in a row, Cushman & Wakefield has been ranked #1 in Commercial Real Estate Firm: Tenant Representation as part of The Best of the National Law Journal 2017. Cushman & Wakefield was also ranked #1 in Property Management and Brokerage, sweeping the real estate categories in this prestigious survey.

MSP Advisory Services Team Represents Crescent Cove in Acquisition

As featured in a recent Finance & Commerce article, the MSP Advisory Services Team represented Crescent Cove in the purchase of a property in Brooklyn Center for use as a hospice center for children.

View the full article.

Tenant’s Place Newsletter – Spring 2017

The MSP Advisory Services Team published its Spring 2017 newsletter, “Tenant’s Place” which offers insights on the Twin Cities office market and trends in the workplace. View the newsletter.

New Buddhist Temple in St. Louis Park

The MSP Advisory Services Team represented Wat Thai of Minnesota, the first of three Thai Buddhist sects in and around the metro area, in the purchase of the former Lutheran Church of the Reformation in St. Louis Park, MN. Wat Thai converted the old church into a temple and much of the renovation work was completed by the monks between their morning and evening chanting.

View the recent Star Tribune article highlighting Wat Thai’s new temple.