CHICAGO-Global power company Cummins Inc. has selected Colliers Bennett & Kahnweiler to act as its real estate services provider. The company, which has more than 500 company-owned and independent distributor locations in 25-million-square-feet worldwide, hopes the move will centralize its corporate real estate processes. Alain LeCoque, EVP of Chicago-based Colliers, will lead the global account team on this assignment.

“They’re in every continent and every major country, and we’re working on projects now in the US, Canada, Brazil, Mexico, Singapore, China, India, eastern Europe and the United Kingdom,” LeCoque tells Colliers’ duties will include transaction management, portfolio administration, and lease administration.

Cummins’ search for a real estate services provider began nearly a year ago, when the company hired Todd Clark as global real estate director. “His mandate was to bring some centralization to corporate real estate processes and he saw the need for a global real estate provider,” LeCoque says. “Their goal is to centralize the process so it can support the overall business strategy in a more efficient and productive fashion.”

Colliers’ first task is to gather property data for the more than 500 locations out of which the Columbus, IN-based company currently operates. “The first task is to gather than information, and then look for opportunities to reduce costs,” he says. “It will be more productive to manage it from a more holistic standpoint.”

LeCoque says that while Cummins’ search for such services began before the effects of the current economy had been felt, more and more companies are turning to global real estate service providers for help in keeping costs low.

“Corporate America is becoming increasingly focused on cost reduction in this difficult economy,” he says. “These kinds of global arrangements can bring a different view point because you’re looking at the whole portfolio.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.