Tuesday, February 14, 2006

Jones Lang LaSalle


Cushman names CEO for financial business
by Crain's New York Business
February 14, 2006


Cushman & Wakefield on Tuesday named Chris Lowery to a new position as the real estate company’s chief executive officer for global capital markets.

Cushman & Wakefield on Tuesday named Chris Lowery to a new position as the real estate company’s chief executive officer for global capital markets and principal activities.

Mr. Lowery, an 18-year veteran of the firm who helped build the financing and investment banking operation, will report to Cushman & Wakefield Chief Executive Bruce Mosler.

The investment and financial group seeks to provide investors with a single source for strategic advice as real estate takes a larger role in global investment portfolios.

"Appointing him global chief executive officer of the group speaks to his accomplishments and to the value of the capital markets group’s services within commercial real estate today," Mr. Mosler said in a statement.


Before joining Cushman & Wakefield, Mr. Lowery was chief executive of the South Street Seaport Corporation, where he helped implement a $250 million restoration and development program of the historic district in Lower Manhattan.

Earlier he spent seven years in city government, rising to deputy director of the mayor’s development office, where he oversaw a staff of more than 40 architects, urban planners and financial analysts.