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Consolidation of Units Creates New Group for Cushman & Wakefield

NEW YORK CITY-Structured finance, research, valuation and analysis units have been consolidated at Cushman & Wakefield to create its new Advisory Group. Christopher J. Lowery will lead the charge.

By Amy Vaughn | Updated on October 26, 2000

NEW YORK CITY-Christopher J. Lowery was recently named executive vice president of the Cushman & Wakefield Advisory Group. Consolidating the firm’s previously existing strategic and analysis units, valuation advisory, structured finance and analysis businesses formed this group. Lowery tells GlobeSt.com this is the result of an evolution, reflecting that of the servicing industry itself.

The evolution process he describes is one that developed out of a “recognition of a steady and subtle shift from servicing owners to servicing users of space.” Additionally, moves to globalization and increasing complexities of the needs of tenants, has increased the breadth of services firms need to provide. Lowery says the operations of the consolidated businesses were “free standing, silo fashion,” and needed to “deliver services holistically.”

When asked to respond to observers who might speculate that the consolidation was a means of becoming more cost effective and a reaction to the downturn of the market, he says, “that didn’t enter into it for us.” He says their focus was only on their clients. “You don’t get to where we are chintzing on finances or nickle and diming,” he emphasizes. He also notes the company has “lead the charge” in each of its services.

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