Karras explains that all offices will remain open under the Cushman & Wakefield brand. "There will be little change to the 'look' of our operation in San Diego--with the exception that our talented team of brokers has grown with the addition of the Cushman & Wakefield team of professionals," Karras explains to GlobeSt.com.

Karras notes that Cushman & Wakefield is a natural fit for Burnham given the similar corporate cultures and shared core values. "This move will provide our clients with an even higher level of service and direct access to opportunities in other markets while still enjoying the relationships they have formed with our professionals. Additionally, our professionals and employees will benefit through increased opportunity for career and personal growth through a broader range of resources and the international network of Cushman & Wakefield offices."

"The combination of Burnham's Southern California expertise with Cushman & Wakefield's global reach will provide enhanced best of class services in the region to clients of both firms," notes Tony Marano, Cushman & Wakefield's CEO for the Americas in a prepared statement. "We both have strong cultures, we value our traditions of integrity and excellence and our professionals share a client-first philosophy--all of which make this a powerful combination of talent in the region."

The addition of Burnham closely follows Cushman & Wakefield's 2006 acquisition of San Diego Corporate Real Estate Advisors, which signified the firm's commitment to the region. Prior to 2006, Cushman & Wakefield served clients in the region through an alliance relationship. When the transaction is complete, Cushman & Wakefield will maintain 13 full-service offices throughout California, including 10 in Southern California. In 2006, Cushman & Wakefield completed sales and leasing transactions globally valued at more than $85 billion and had record revenues of $1.5 billion.

Instant Insights /

C&W Gets Burnham for Widened CA Presence

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