Cushman & Wakefield Commerce announced today it has been selected by MIG Real Estate, LLC of Newport Beach, Calif, for property management of its entire Las Vegas portfolio, which includes six office and retail buildings totaling 701,348 square feet. This adds to the long-standing relationship MIG has had with Cushman & Wakefield Commerce.
The property management team is led by David Jewkes, Senior Vice President – Nevada at Cushman & Wakefield Commerce. “MIG contracts with Cushman & Wakefield teams in other states and is well aware of the global platform. Our team can use this leverage to help these properties run smoothly and profitably,” Jewkes said. “We are excited to get to work on these assets and bring our professional management experience to the portfolio.”
Phillip Matchett, Director of Asset Management – MIG Real Estate, said, “We selected Cushman & Wakefield Commerce to manage our Las Vegas portfolio to create operational consistency and cost efficiency by having one point of management over a multi-state portfolio.”
This assignment is part of the rapidly growing property management portfolio for Cushman & Wakefield Commerce in Las Vegas. In only 18 months, the company has on-boarded more than 4 million square feet of managed assets.