Cushman & Wakefield, the US owner of Healey & Baker, is to bring rival firm Cushman Realty back into the fold to create a $900m company.
The new C&W will employ 965 brokers in 174 offices worldwide, and would have hit an aggregate lease and transaction value of $37bn in 2000.
Cushman Realty was set up by Louis Cushman and John Cushman III, twin grandsons of J Clydesdale Cushman, who founded C&W with Bernard Wakefield.
Cushman Realty specialises in office leasing and investment sales, which corresponds with C&W’s core businesses.
The firm was set up in 1978, and has since completed some of the US’s largest lease and sale transactions.
