ATLANTA—In a move to rapidly grow in the Southeast andSouthwest, Cushman & Wakefield announced plansto acquire Cousins Properties’ Atlanta- andDallas-based third party client services. Financial terms of thedeal, which is expected to close by year end, were notdisclosed.
Cousins’ Client Services Group offers third party services toowners of class A office buildings in Atlanta and Dallas includingleasing, property management, and project management services.Cousins maintains ownership of its fee business.
“This move marks a key milestone as we begin the next phase ofour strategic growth plan,” Glenn Rufrano,president and CEO of C&W, said in a statement. “Integratingsuch a quality group into our platform enables C&W to continueto balance our service mix across our global platform and provideconsistent quality service to our clients.”
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