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C&W Buys Southern California Firm

LOS ANGELES-Brokerage powerhouse adds small but highly successful Matlow-Kennedy Commercial Real Estate Services to its 10,000-person worldwide network. Move strengthens Cushman & Wakefield's position in hot South Bay market.

By David W. Myers | Updated on December 07, 2000

LOS ANGELES-Cushman & Wakefield has struck a deal to acquire small but highly successful Matlow-Kennedy Commercial Real Estate Services, a move that will strengthen the international brokerage powerhouse’s presence in the hot South Bay market.

In an exclusive interview, Matlow-Kennedy Commercial Real Estate Services principal Bob Alperin tells GlobeSt.com that the merger will give his 16 brokers access to new tools and the ability to provide mores services to their growing list of clients. “The deal gives us the opportunity to associate ourselves with a brand that’s well recognized and a company that has a full range of services–financial services, property-management services, construction-management and the like,” Alperin says.

“We were able to provide those kinds of things to our clients before, but we had to do a lot of it through third parties. More clients want a single point of contact for all their real estate needs, and this merger will let us fulfill that need,” he adds.

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