Cushman & Wakefield Announces New Leadership for National Industrial Advisory Group

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.