Cushman & Wakefield Announces New Leadership for National Industrial Advisory Group

Key Terms

capital markets financial

Capital markets are places where people and organizations buy and sell long-term investments like stocks and bonds. They help connect those who need money to grow or fund projects with investors looking to earn returns over time. For investors, capital markets are important because they offer opportunities to invest, save, and grow their wealth through a variety of financial assets.

joint ventures financial

A joint venture is a business arrangement where two or more companies come together to work on a specific project or goal, sharing both the risks and the rewards. It’s like partners teaming up for a common goal, which can help them access new markets, share expertise, or reduce costs. For investors, joint ventures can create new opportunities but also involve shared responsibilities and potential risks.

recapitalizations financial

Recapitalizations are deliberate changes to a company's mix of debt and equity—like rearranging the pieces of a household budget—to alter how the business is funded and who bears financial risk. Investors care because swapping debt for equity or vice versa affects future interest payments, potential profit per share, dilution of ownership and who controls decisions; those shifts can change a stock's risk profile, credit standing and upside potential.

private placements financial

Private placements are sales of a company’s securities—such as shares or bonds—directly to a small group of selected investors rather than to the general public. Think of it like a private sale to a few buyers who negotiate terms, and it matters to investors because it changes a company’s cash position, can dilute existing ownership, alter control or voting power, and may affect share liquidity and market value when those securities eventually reach public markets.

Will Strong and Kyle Schmidt Appointed Co-Chairs of the Institutional Industrial Capital Markets Platform

NEW YORK--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced today that Will Strong and Kyle Schmidt have been appointed to the roles of Co-Chairs for the national Industrial Advisory Group, the firm’s institutional industrial capital markets platform across the U.S.

“The implementation of our long-term leadership succession plan further strengthens our platform and capabilities to best advise our clients and reflects the deep bench of talent, which has consistently set the market standard,” said Miles Treaster, President, Americas Capital Markets.

“This new leadership structure will build on the momentum of our capital markets platform and position us to better advise our clients, capitalizing on improving market conditions,” he added. “This change showcases how we bring our advisory mindset along with the best solutions to our clients. Will and Kyle’s leadership and progressive thinking will continue to strengthen our client relationships, attract top talent and drive meaningful results, elevating service excellence through data-driven innovation and advanced technology.”

Strong and Schmidt will be responsible for driving forward the institutional industrial capital markets platform, shaping innovation and client engagement.

“As we step into this next chapter for the Industrial Advisory Group, our focus remains unwavering: to harness the full strength of our collective expertise and platform to drive exceptional value for our clients,” Strong said. “Together, we will continue to deliver tailored solutions that elevate outcomes across the industrial investment landscape.”

“Our culture of collaboration, data-driven insight and tech innovation will empower our clients to invest with the clarity, creativity, and confidence they need for success in the highly competitive industrial capital markets,” added Schmidt.

The Industrial Advisory Group offers seamless tailored advisory and transaction services, advising investors to efficiently achieve their financial goals for individual industrial assets and large portfolios. Leveraging the firm's scale, data driven insights and deep expertise across industrial sectors—including logistics, warehousing, and manufacturing—the group provides a full suite of services, from investment sales and acquisitions to joint ventures, recapitalizations, and private placements. In 2025, the team closed over 264 transactions totaling $16 billion in value and over 116 million square feet.

Jim Carpenter will continue his leadership within Cushman & Wakefield’s industrial capital markets practice, growing market share and expanding client relationships.

“We thank Jim for his leadership and many contributions to the Industrial Advisory Group, including his unwavering dedication to our clients,” Treaster said. “We are pleased he will continue to be a driving force within our platform.”

About Cushman & Wakefield’s Industrial Advisory Group (IAG)

The Industrial Advisory Group offers seamless tailored advisory and transaction services, helping investors efficiently achieve their financial goals for individual industrial assets and large portfolios. Leveraging the firm's scale, data driven insights and deep expertise across industrial sectors—including logistics, warehousing, and manufacturing—the group provides a full suite of services, from investment sales and acquisitions to joint ventures, recapitalizations, and private placements. Learn more at www.cushmanwakefield.com/IAG.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260202296873/en/

Media Contact:

Savannah Durban

savannah.durban@cushwake.com

Source: Cushman & Wakefield