NEW YORK CITY-Matlow-Kennedy Commercial Real Estate Services, Long Beach, CA is being acquired by Cushman & Wakefield, based here, tripling the size of C&W’s Los Angeles South office. Matlow-Kennedy’s office will be maintained for the present but will eventually be consolidated into a new South Bay location. Cushman & Wakefield has seven offices in Southern California and 145 worldwide.

Kimball Wasick, president of Matlow-Kennedy, will become a senior director at C&W. He will be joined by 14 brokers headed by Robert Alperin, who has been involved in more than 1,000 lease/sales transactions over the past 21 years.

Joseph Vargas, C&W managing director, says that, “Building upon our strong position in the market and seeking additional strategic opportunities are two very important corporate initiatives. Acquiring Matlow-Kennedy, one of the most respected and innovating real estate brokerage boutiques in Southern California, addresses both mandates spectacularly.”

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