Commerce Real Estate Solutions Expands Seattle, Bellevue Presence

Two commercial real estate offices in Seattle and Bellevue, WA, have been acquired by Commerce Real Estate Solutions, a Utah-based commercial real estate brokerage firm, active in the Intermountain West for over 30 years. Photo courtesy Commerce Real Estate Solutions.

SALT LAKE CITY (Commerce Real Estate Solutions) – Cushman & Wakefield, the world’s largest privately-held commercial real estate services firm, today announced the expansion of its alliance with Commerce Real Estate Solutions. In a strategic move to expand its brokerage and property management services to the Seattle and Bellevue marketplace, Commerce will employ the professionals of Cushman & Wakefield’s Washington state offices and provide seamless services to clients.

Commerce, headquartered in Salt Lake City, has been the leading provider of commercial real estate services in Utah and surrounding states including brokerage, tenant representation, property and facilities management services for over 30 years. The firm is one of 27 members of the Cushman & Wakefield Alliance Program, an association of local and regional firms in over 55 US markets of strategic importance to Cushman & Wakefield and its clients.

Commerce plans call for adding more industrial, office and retail brokerage professionals, as well as expanding the office’s services to state and local government agencies, financial institutions, and existing national and global clients. Cushman & Wakefield Valuation Services professionals in Washington state will remain Cushman & Wakefield employees and will continue to offer appraisal expertise under the Cushman & Wakefield brand utilizing a shared office space arrangement with Commerce.

“Our strong relationship with Commerce in Utah and Nevada led to this expansion of our alliance to the Seattle and Bellevue marketplace,” said John C. Santora, president and CEO of Cushman & Wakefield Americas. “We believe the unique nature of the Seattle and Bellevue markets will benefit from the entrepreneurial and localized influence of this strong alliance partnership. Commerce is highly qualified to help us grow our presence in the State of Washington.”

John Miller, senior managing director of Cushman & Wakefield of Washington Inc., will join Commerce as a member of the firm’s regional leadership team.

“This move is a significant benefit to our employees and clients,” said Miller. “To have the advantage of Cushman & Wakefield’s global platform combined with the local ownership and resources provided by Commerce creates alignment throughout the local offices and a dynamic organization going forward.”

Michael M. Lawson, President and CEO of Commerce said, “We have a long history of success with Cushman & Wakefield’s professional team and global platform, and are absolutely thrilled to welcome the Seattle and Bellevue professionals to our firm. In today’s economic environment, clients demand local leadership and national/international services. Commerce and Cushman & Wakefield, together, provide that.”