Colorado Real Estate Journal - September 16, 2015
DTZ and Cushman & Wakefield completed their previously announced merger. Greg Morris, formerly of DTZ, is managing principal of Cushman & Wakefield’s Colorado operations. The “new” Cushman & Wakefield is one of the world’s largest real estate services firms with a combined total of $5 billion in revenue, 43,000 employers, more than 4.3 billion square feet under management and $191 billion in transaction value. The company is owned by an investor group composed of TPG, PAG and OTPP. “This is a game-changing event in commercial real estate,” said Chairman and CEO Brett White. “Both legacy firms had been aggressively growing their respective platforms and deepening their reach into the market with new acquisitions and talent. Now we have the opportunity to see these ambitions come together, capturing the momentum in the market and clearly claiming our position at the top of the industry.” Cushman & Wakefield now operates in more than 60 countries.