C&W Gets Burnham for Widened CA Presence

[IMGCAP(1)]NEW YORK CITY-Locally based Cushman & Wakefield Inc. has reached an agreement to acquire San Diego-based Burnham Real Estate. The agreement, scheduled to close in January, is expected to position Cushman & Wakefield as the leading commercial real estate firm in San Diego and to further strengthen the firm’s Southern California operations, according to the company.

For Burnham, the move provides its professionals direct access to a premier, full-service platform of 215 offices in 56 countries. A spokesperson from Cushman & Wakefield tells GlobeSt.com that no further terms of the agreement can be disclosed at this time. Burnham also could not confirm terms of the transaction.

[IMGCAP(2)]“Burnham is the industry prototype for the premier regional firm,” says Bruce Mosler, president and CEO of Cushman & Wakefield in a prepared statement. “Our clients expect the best representation everywhere they conduct business, and its strategic acquisitions of firms like Burnham that have helped Cushman & Wakefield to expand its reputation for excellence locally and globally.”