Cushman & Wakefield initiated the opportunity for employees to purchase up to 45 percent of the company's stock, putting more of an ownership stake in the hands of its producing professionals and senior management.

"We are about two years into a five-year program," Cushman & Wakefield CEO president and CEO Bruce Mosler tells GlobeSt.com. "When we started this employees owned 23% of the company, today it's 31%. They showed faith in the company by stepping up and investing their own capital into the company."

Mosler says he recognizes the effect of empowering employees through the traunch offerings, both of which sold through 100% with demand exceeding that supply.

"You see it," Mosler says. "Employees are asking about how capital is being used. The best way to describe it is we have alignment with the employees and the company so that the stock holders and company have the same interest in the bottom line."

In recent years, Cushman & Wakefield has grown extensively on a global scale, acquiring affiliates in Russia and Canada, both of which have increased revenue and profitability. The firm now has 192 offices in 58 countries. Cushman & Wakefield's revenue is expected to be $1.4 billion in 2006, up from $800 million in 2003, a 75 percent increase over three years In addition, Cushman & Wakefield has seen its profits grow 52 percent year-over-year from 2004 to 2005.

Mosler says as the performance of the company improves the demand for future traunches will only grow. "It's in the interest of all the employees," he says. The company has a stated goal of being 45% employee owned.

To meet the increasingly complex needs of its clients, the firm has introduced a number of new services. The company launched Cushman & Wakefield Net Lease Trust, a fund that offers sale-leaseback and build-to-suit financing for companies with unrated or less than investment grade credit. The firm also formed NY Credit Advisors with New York Life Investment Management LLC and HSH Nordbank, to underwrite first and second mortgages and mezzanine debt.