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Cushman & Wakefield Expands San Diego Presence

SAN DIEGO-The brokerage firm acquires San Diego Corporate Real Estate Advisors, giving it a broader platform in the local real estate community.

By Daniel D. Williams | Updated on April 18, 2006

SAN DIEGO-Look for Cushman & Wakefield to have a bigger presence in the local real estate community. The company has acquired local outfit San Diego Corporate Real Estate Advisors. The new entity will serve as the San Diego branch office of C&W.”The San Diego real estate market has seen tremendous growth in the past few years,” says Andrew D. Ratner, Cushman & Wakefield’s executive managing director and West Coast regional director. He says the firm is excited to expand its local market reach through “a well-established industry leader.”In adding San Diego Corporate Real Estate Advisors, Cushman & Wakefield will be bringing aboard a team of 16 brokers, with an average of 13 years in the commercial real estate industry. The firm was formed in 2001 by Stephen Rosetta, a former Cushman & Wakefield senior director.Rosetta will serve as executive director and managing broker of Cushman & Wakefield’s San Diego branch. He says the acquisition will allow Cushman & Wakefield “to solidify its presence in Southern California and expand the existing and potential client base in the San Diego area.” He adds that the move provides the acquired firm opportunities and “the advantage of leveraging the extensive resources and experience of a global firm.”Since its founding, the firm has focused on corporate tenants, with clients such as Fish & Richardson, Nokia, Siemens and HP. The firm has also worked from the landlord side and has relationships with the area’s top property owners, including Arden Realty, Kilroy Realty Corp., Equity Office Properties, the Irvine Co., Hines, the Shidler Group and Rreef among others.

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