Contact:
Dwayne Doherty
212-841-7748
Dwayne.doherty@cushwake.com
DEPT. OF CORPORATE COMMUNICATIONS
FOR IMMEDIATE RELEASE
Renowned Self Storage Expert Ray Wilson Joins Cushman & Wakefield
-Industry leading authority on self storage performance data combines forces with global firm to provide fully integrated service platform
New York – June 15, 2011 – Cushman & Wakefield today announced that Charles Ray Wilson, MAI, CRE, Founder and Principal of Self Storage Data Services (SSDS) has joined the firm as a strategic partner in the company's Self Storage Industry group. Mr. Wilson is recognized as the industry's leading authority and foremost source for current and historic performance trending information pertaining to the self storage sector.
"We are extremely pleased to announce that Ray Wilson will be joining Chris Sonne's industry leading self storage practice and become part of the Cushman & Wakefield team,” said John Busi, Executive Vice President and head of Valuation and Advisory for Cushman & Wakefield's Americas region. "In a dynamic partnership designed to differentiate Cushman & Wakefield from its competitors, Ray's unique service offerings will allow us to integrate the firm's sophisticated Self Storage Appraisal Report template with the most robust Self Storage database in the industry. The combined product will provide clients with optimal industry intelligence drawing from SSDS's 20 years of historical and current industry, market, and property specific data.”
Mr. Wilson, who's internationally recognized Self Storage Performance Quarterly Report (SSPQ) Tracks thequarterly performanceon 6,000±facilities in the nation's top 50 largest markets, will work closely with Cushman & Wakefield Senior Managing Director Chris Sonne and his team in delivering a fully integrated platform of services. Current subscribers to the SSPQ report, including prominent Wall Street analysts and major institutional investors, also receive theMonthly Rental Activity Report that tracks the rental demand on one-million storage units nationwide.
Recognizing the need for independent third party reporting on the industry, Mr. Wilson founded SSDS in 1992. It is currently the only comprehensive source for real time industry performance benchmarking and research reports. It is recognized world-wide for current performance trending information that includes; supply and demand statistics, rental rates, occupancy levels, concessions, and rental income. Its database includes proprietary information from both privately and publicly owned facilities and contains over 50,000 facilities coast to coast.
Cushman & Wakefield's Valuation & Advisory division, which includes the Self Storage Industry group, is one of the largest fully integrated real estate valuation and consulting organizations in the world. The investment in this new addition advances the company's strategic direction in focused, specialized and dedicated practice groups.
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Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 234 offices in 61 countries and more than 13,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within five primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, investment banking, debt and equity financing; Corporate Occupier & Investor Services, including integrated real estate strategies for large corporations and property owners; Consulting Services, including business and real estate consulting; and Valuation & Advisory, including appraisals, highest and best use analysis, dispute resolution and litigation support, along with specialized expertise in various industry sectors. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com.
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