Cushman & Wakefield U.S. Inc., a global leader in commercial real estate services, plans to locate its new 90,000 sq. ft. office in Town and Country, a suburb of St. Louis, Missouri. The $17.4 million expansion is expected to add 600 new jobs to the St. Louis region.
“Cushman & Wakefield is a respected leader in commercial real estate and these hundreds of new jobs are a big win for St. Louis,” said Missouri Governor Jay Nixon. “This significant investment and continued growth is a testament to the strength of Missouri’s positive business climate for professional services companies.”
Cushman & Wakefield is among the largest commercial real estate services firms with revenues of $5 billion. The firm operates approximately 250 offices in more than 60 countries and has more than 43,000 employees. Cushman & Wakefield has been in St. Louis for 90 years, with more than 900 employees already in the area.
“This expansion is a clear indication of our dedication to the St. Louis community, our employees, and our clients,” said Joe Stettinius, Cushman & Wakefield Chief Executive, Americas. “Over nine decades, our employees in St. Louis have played a crucial role in the growth of our firm, from both a local and global perspective.”
“We are pleased that we were able to work with Cushman & Wakefield to ensure that not only were over 900 jobs retained in Missouri, but that an additional 600 will be created here,” said Steve Johnson, CEO of Missouri Partnership. “Missouri’s skilled labor and the competitive cost of business were key to Missouri keeping and growing a great company.”
With its strategic location, globally connected infrastructure, economic diversity, competitive business and labor costs, highly-skilled and hard working talent and a statewide commitment to attracting companies and investment, Missouri is a place where companies come to grow and thrive.