HOUSTON-Three years after the merger of Cushman & Wakefield Inc. and Cushman Realty Corp., the two local offices will finally share an address. The 34-broker, 100-employee office will set up shop at 1330 Post Oak Blvd. in the Galleria.

One office is relocating from 2929 Allen Parkway in the America Tower, where Cushman & Wakefield has had a presence in the submarket since 1971. The other office in Williams Tower at 2800 Post Oak Blvd. is leased to Cushman Realty, which has had a presence in its submarket since 1978.

Though the teams are in transit, the structuring remains the same. Upfront management is spearheaded by Scott Wegmann, executive managing director, and Tim Relyea, vice chairman, who co-manage the staff. Lou Cushman remains firmly rooted as vice chairman and involved in the management of the operations.

C&W will sublease class A space from a client who is moving to the city’s North Belt area. Wegmann tells GlobeSt.com that C&W will take 40,000 sf, with a seven-year commitment, and find a tenant for 5,000 sf to 10,000 sf. The office space requires very little build-out before the dual moves.

The merger was sealed July 1, 2001, so why has it taken so long for the moves? Wegmann says decision-makers tried “as best we can to match up expiring leases” to avoid any complications from early relocations. The Cushman Realty lease expires Oct. 1.

“That project where we will be consolidating everyone to is a former Cushman & Wakefield location. It’s a very favorable situation in terms of creating the best location,” Wegmann says. “We’re very excited at the synergies that will be created when we get everyone together.”

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