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Cushman & Wakefield of New Jersey, based in East Rutherford, has elevated William E. McCaffrey to the position of senior director in charge of brokerage services. McCaffrey joined the firm 12 years ago as a broker.

During his stint at C&W, McCaffrey has negotiated transactions for a number of major corporations, notably Exxon Research and Engineering Co., Cigna Investment Management, IBM and Mitel Inc. Most recently, he engineered a 90,000-sf lease in Tinton Falls, NJ on behalf of Xpedite Systems Inc.

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