Cushman & Wakefield Acquires Operations of PACCRA
The company has acquired the operations of Pacific Commercial Realty Advisors’ offices, which are located in Central California and Idaho.
FRESNO, CA – Cushman & Wakefield has acquired the operations of Pacific Commercial Realty Advisors. The acquisition comprises PACCRA’s offices in Bakersfield, CA, Fresno, CA, Santa Clarita, CA and Boise, ID.
An alliance member of Cushman & Wakefield since 2012, PACCRA specializes in commercial real estate property types, including industrial, office, retail, hospitality, investment, land and multifamily. The firm has experience in service areas such as tenant representation, landlord representation, property disposition, buyer representation, valuation & consulting, financial management, property management and building operations.
Owned and operated by partners Vincent Roche, Duane Keathley, Jeff Andrew and Wayne Kress, PACCRA has more than 40 brokers that hold expertise within the markets they serve.
“We are thrilled in having PACCRA join Cushman & Wakefield, which cements our long-term partnership with a shared vision and mission of collaboration, innovation and delivering exceptional value to our clients, while also enhancing our business in these markets,” states Dan Broderick, president of the West region for Cushman & Wakefield. “PACCRA is a very talented and well-respected team of professionals who perform at a high level and importantly share in our values and culture of teamwork, drive, integrity and client success.”
“PACCRA is delighted by Cushman & Wakefield’s acquisition,” says Vincent Roche, president of PACCRA. “Their interest is both a recognition of the strong performance of the markets we serve and a statement about their expectations for the future. At the same time, they provide our team of sales professionals and support staff best-in-class resources, greater access to clients, and a broader and deeper platform of services.”
Roche adds, “As a unified team, we look forward to continuing to deliver value and impactful results for our clients and our people. This was very important to us.”