Cushman & Wakefield has acquired Miami-based property management firm Gibson Realty Group. The company will take over Gibson’s management portfolio of 4.1 million sqf, to bring the company’s Florida total to more than 30 million sqf. Gibson founder and principal O. Ford Gibson will stay on after the buy out as will 33 of Gibson’s employees. Gibson’s clients include JP Morgan, Prudential, UBS and Codina. Among its notable managed properties are 1111 Brickell Avenue, 8333 Downtown Doral, Centergate at Gratigny, Westside Plaza I-III and 550 Biltmore, all in Miami, and the Quiet Waters Business Park in Deerfield Beach.
“Our people are our differentiator, and I am thrilled to welcome Gibson’s talented group of professionals to the Cushman & Wakefield Asset Services team,” said Marla Maloney, President, Asset Services, Americas. “This acquisition provides us a distinct advantage to grow and provide consistent, high-level service to our clients across South Florida.”