Cushman & Wakefield Awarded 2.5MSF Commercial Property Management Assignment for the Presidio of San Francisco National Park Site - Seite 2

“We are thrilled to have been selected to lead commercial property management for this renowned portfolio in this beautiful, world class location along the San Francisco Bay. Our team looks forward to working closely with the Presidio Trust to oversee the management needs of these historic commercial assets and their connection with this tight-knit community,” added Marsha Ramsey.

Presidio Trust has plans for further investment and improvement in 2024 and beyond. This includes renovating and bringing to market an additional 150,000 SF of commercial space. Properties will be renovated to high Leadership in Energy and Environmental Design (LEED) standards.

“As our commercial real estate portfolio grows in size and complexity, and as we seek cutting edge solutions and more efficient ways of managing the portfolio, Cushman’s expertise in property management, project, and construction management, leasing, and market research will provide us with the expertise we need to support the Presidio Trust while also providing the best possible service to our tenants,” said Jeff Eichenfield, the Presidio Trust’s Director of Commercial Asset Management.

Cushman & Wakefield’s Asset Services ranked as the #2 Top Property Management firm in the country with approximately 5 billion square feet under management in the United States, according to the latest annual ranking from Commercial Property Executive, a real estate news source.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.

About the Presidio and the Presidio Trust

The Presidio is one of America’s most visited national park sites, located within the Golden Gate National Recreation Area. Spanning 1,500 acres next to San Francisco’s Golden Gate Bridge, the Presidio is among the most biologically diverse parks in America. Historically a home to native peoples and a military post under three flags, its facilities have been reinvented as museums, restaurants, hotels, homes, and offices. The Presidio Trust is the federal agency that stewards the Presidio, in partnership with the National Park Service and with support from the Golden Gate National Parks Conservancy. The Trust sustains the Presidio by leasing homes and workplaces and offering visitor amenities. Learn more about locating your business in the park at https://presidio.gov/lease-an-office.

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The Cushman & Wakefield Stock at the time of publication of the news with a raise of +0,30 % to 8,25EUR on Lang & Schwarz stock exchange (12. Dezember 2023, 15:10 Uhr).