Cushman & Wakefield (NYSE: CWK), a global real estate services firm, has acquired the operations of Pacific Commercial Realty Advisors (PACCRA).
PACCRA has been an alliance member of Cushman & Wakefield since 2012 and specializes in commercial real estate property including industrial, office, retail, hospitality, investment and land and multifamily. The firm has experience in service areas like tenant and landlord representation, property disposition, property management and more.
“PACCRA is delighted by Cushman & Wakefield’s acquisition,” said Vincent Roche, PACCRA’s president. “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.”