M&A Deal Summary

Cushman & Wakefield Acquires Peloton Commercial Real Estate - Austin Operations

On May 31, 2019, Cushman & Wakefield acquired real estate company Peloton Commercial Real Estate - Austin Operations from Peloton Commercial Real Estate

Acquisition Highlights
  • This is Cushman & Wakefield’s 11th transaction in the Real Estate sector.
  • This is Cushman & Wakefield’s 9th transaction in the United States.
  • This is Cushman & Wakefield’s 3rd transaction in Texas.

M&A Deal Summary

Date 2019-05-31
Target Peloton Commercial Real Estate - Austin Operations
Sector Real Estate
Buyer(s) Cushman & Wakefield
Sellers(s) Peloton Commercial Real Estate
Deal Type Divestiture

Target

Peloton Commercial Real Estate - Austin Operations

Dallas, Texas, United States
Peloton Commercial Real Estate - Austin Operations properties include 5 million square feet of office, industrial, retail and mixed-use property in the greater Austin area.

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Buyer(S) 1

Buyer

Cushman & Wakefield

New York, New York, United States

Category Company
Sector Real Estate
DESCRIPTION

Cushman & Wakefield, Inc. is a real estate company providing brokerage, property management, and other services.


DEAL STATS #
Overall 17 of 24
Sector (Real Estate) 11 of 16
Type (Divestiture) 3 of 3
State (Texas) 3 of 5
Country (United States) 9 of 14
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Smith Brothers Group

Richmond, Australia

Smith Brothers Group is one of the largest private services groups in South Australia with a national portfolio of 6,000 customers complements. Through all divisions within the Smith Brothers Group, we are uniquely able to provide a true 24/7 multi-service approach to the delivery of services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-14 NAI Long Island

Melville, New York, United States

NAI Long Island is a provider of commercial real estate services. NAI Long Island was founded in 1980 and is based in Melville, New York.

Buy -

Seller(S) 1

SELLER

Peloton Commercial Real Estate

Dallas, Texas, United States

Category Company
Sector Real Estate
DESCRIPTION

Peloton Commercial Real Estate is a full-service real estate brokerage, property management, and project management firms. Peloton’s portfolio of leased and managed properties includes 5 million square feet of office, industrial, retail and mixed-use property in the greater Austin area.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1