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Media Releases
3 April 2013
DTZ announces a re-organization of its America’s research team
Los Angeles, CA: DTZ, a leading global property services firm, has announced an organizational re-structure of its U.S. and Canadian Research Teams. Executive Vice President John Wickes has been appointed head of America’s Research with overall responsibility for DTZ research teams situated in Chicago, Washington D.C., San Francisco, New York, Los Angeles, and in three locations in Canada: Toronto, Richmond Hill and Mississauga. Mr. Wickes, who is based in Chicago, will now report into Hans Vrensen, global head of DTZ research in London.
18 March 2013
DTZ appoints Todd Richardson to lead the Facilities Management Business Development in the Americas
Boston, MA: DTZ, a UGL company, announced today that Todd Richardson has been appointed Senior Vice President of Business Development for DTZ’s Americas Facilities Management business unit, which represents USD$1 Billion in annual gross revenue throughout the United States and Canada. He will report to George Keches, DTZ’s Global President of Facilities Management.
7 March 2013
Contrasting fortunes in US and North Asia enliven flat occupier market
LONDON: DTZ, a UGL company today released its annual ‘Global Occupancy Costs - Offices’ (GOCO) survey revealing that the cost for companies to provide office space for their workers in North Asia increased by 6.3% during 2012, outstripping the global average increase of 1%. The sixteenth annual GOCO report highlights significant regional differences – while some markets saw sustained growth, others such as the US experienced weaker levels of demand due to economic and political uncertainty.
28 February 2013
DTZ represents DECOLAV in its headquarters relocation from Deerfield Beach, FL to Boca Raton
BOCA RATON, FL: DTZ, a UGL company, announced today that it has negotiated a 7,781 sq. ft. lease acquisition at 606 Banyan Trail, a single story building situated in the Gallery Center, Boca Raton for DECOLAV, a manufacturer of a wide range of high quality bath products including lavatories, glass fixtures, bath furniture, vitreous china fixtures and other related products.
26 February 2013
DTZ executes the sale of a 210,710 sq. ft. industrial property in Carson, CA from Trammel Crow Development to TIAA-CREF
LOS ANGELES, CA: DTZ, a UGL company, announced today that DTZ Executive Vice President Jeffrey Morgan has negotiated the sale of a 210,710 sq. ft. warehouse/distribution/manufacturing stand-alone building situated at 16325 S. Avalon Blvd., Carson CA, to TIAA-CREF, a Fortune 100 financial services organization that is the leading retirement provider for people employed in education and academic fields.
4 February 2013
DTZ announces new global corporate services structure for the Americas
LOS ANGELES, CA: DTZ, a leading global property services firm, has announced a dynamic new leadership and organizational structure for DTZ's Global Corporate Services (GCS) in the Americas. Headed by Rob Cookson, the new GCS Americas organization is focused on key service lines and key regions, which is part of the company's global strategy to better serve its corporate clients.
15 January 2013
DTZ represents PianoForte Studios in the purchase of 1335 S. Michigan Avenue
CHICAGO, IL: DTZ, a UGL company, announced today that it has represented Chicago-based PianoForte Studios, a piano boutique store currently located in the historic Fine Arts Building, 408-410 S. Michigan, offering its clients a wide range of instruments and piano-related services including accessories, recording, rentals, student performances, and lessons, in the acquisition of the retail/office building located at 1335 S. Michigan.
14 December 2012
DTZ initiates Americas expansion with new leadership structure
Los Angeles, CA: DTZ, a leading global property services firm, has announced a new leadership structure for the Americas as part of the firm’s ambitious strategy to deliver integrated real estate services globally. The dynamic executive team positions DTZ to achieve significant growth in the Americas region through its full-service platform, including brokerage, leasing, property and facilities management, workplace strategy, project management, capital markets, and strategic portfolio consulting.
6 December 2012
DTZ represents Cabot Properties in acquisition of Manufacturing Plant & new lease by American Apparel in Hawthorne, CA
LOS ANGELES, CA: DTZ, a UGL company announced today that it has completed two transactions at 12537 Cerise Avenue in Hawthorne, CA. DTZ represented Boston-based Cabot Properties in its acquisition of the property from Titan Real Estate Investment Group and also represented American Apparel in a 10-year 94,560 sq. ft. new lease of the entire property. The transactions closed simultaneously. Located in the Hawthorne Industrial submarket, the reinforced concrete building features five exterior loading docks, 78 surface parking lots and is city sewer-discharge credited – an essential requirement for American Apparel because the facility is utilized as a cloth dyeing plant.
14 November 2012
DTZ represents Charter Communications in one of the largest 2012 leases in the State of Connecticut – 70,000 s.f. in Downtown Stamford
Stamford, CT: DTZ, a UGL company announced today that it has negotiated a 70,000 s.f. new lease acquisition at 400 Atlantic Street in Stamford, CT, for long-time portfolio client Charter Communications, the fourth largest cable operator in the U.S. Charter provides cable television, high-speed Internet, and telephone services to more than 5.3 million customers.
7 November 2012
Florida Sterling Council names Randy Ledbetter of DTZ Chairman-Elect of Executive Committee
Tallahassee, Fla.: Florida Sterling Council has announced that Randy Ledbetter, Vice President of Business Development for DTZ, a UGL Company, has been appointed Chairman-Elect on its executive committee. The committee oversees the Florida Sterling Council with the Governor's Sterling Award for Performance Excellence and all activities that comprise the Sterling processes.
19 October 2012
MISTRAS Group hires DTZ as Real Estate Advisor
CHICAGO, IL: DTZ, a UGL company, announced today that Mistras Group, Inc. (NYSE: MG) has appointed DTZ to provide services across its North American real estate portfolio. Mistras Group is headquartered in Princeton Junction, NJ, and is a leading global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial, and public infrastructure. Mistras services companies in the oil and gas, fossil and nuclear power, public infrastructure, chemicals, aerospace and defense, transportation, primary metals and metalworking, pharmaceuticals, and food processing industries. The firm employs 4,000 personnel in 90 offices worldwide.
16 October 2012
PODS Enterprises hires DTZ to represent its domestic U.S. Industrial portfolio
TAMPA, FL: DTZ, a UGL company, announced today that PODS Enterprises, a nationally recognized moving and storage company with approximately 84 corporate locations consisting of 3.5 million square feet and an additional 119 franchised locations has hired DTZ to represent its industrial portfolio and provide transaction services within the U.S.
8 October 2012
Appointment of Nicholas Westley, President - Global Corporate Services, DTZ
LOS ANGELES, CA: Los Angeles, CA: DTZ, a UGL Company, has announced the appointment of Nicholas Westley as President – Global Corporate Services, effective October 8, 2012. Mr. Westley will oversee the Global Corporate Services (GCS) activities for DTZ worldwide. He will be based at the DTZ global headquarters in Los Angeles, reporting to Robert Shibuya, Group President, DTZ.
8 October 2012
DTZ appoints Frederick L. Trent Vice President, Operations
ATLANTA: DTZ, a UGL company, today announced that Frederick L. Trent has been appointed Vice President, Operations Facility Management Americas for the South Region, which includes Alabama, Florida, Georgia, Louisiana, South Carolina and Tennessee. Mr. Trent, who is based in both Atlanta and Miami Lakes, Florida, reports to John Correia, Senior Vice President, Operations.
4 October 2012
Louis Buffalino appointed Senior Vice President in the DTZ Manhattan office
NEW YORK, NY: DTZ, a UGL Company, has announced the appointment of Louis R. Buffalino, as Senior Vice President of brokerage operations in the New York City offices of DTZ. As a part of the DTZ Manhattan team, Lou will play a key role in expanding brokerage operations in the New York City region, and building upon his many client relationships.
4 October 2012
Bob A. Schneiderman appointed Executive Vice President and will lead the new DTZ office in Boca Raton, FL
BOCA RATON, FL: DTZ, a UGL Company, has announced the appointment of Bob A. Schneiderman, SIOR, as Executive Vice President.
3 October 2012
DTZ showcases its CRE and FM capabilities at Fall CoreNet Global Summit
ORLANDO, FLA.: DTZ, a UGL company, today announced that it will be presenting its new DTZ brand for the first time at a major event in the U.S. market here at the Fall CoreNet Global Summit, Oct. 7-9 at the Marriott World Center.
24 September 2012
CNI College renews its lease and expands its presence to 43,500 SF in Orange, CA
COSTA MESA, CA: DTZ, a UGL company announced today that it has represented CNI College in a lease renewal/expansion of its campus location at 702 W. Town and Country Road in Orange, CA. Founded in 1994, CNI College is a nationally-accredited college and offers degrees in eight separate disciplines in the health care arena. CNI recently took an additional 9,000 SF of space and now occupies 43,500 SF.
21 September 2012
Cap Management Systems expands its space to 49,696 SF at the Encino Terrace Center, 16030 Ventura Boulevard
LOS ANGELES, CA: DTZ, a UGL company, announced today that it has represented Cap Management Systems (CMS), a provider of population health and risk management services to physician organizations and health systems, in an expansion/renewal at 16030 Ventura Boulevard, a Class A, multi-tenant office building in Encino, CA. CMS now occupies 49,696 SF.
18 September 2012
Pinnacle Travel relocates to Gateway El Segundo, and leases 25,399 SF
LOS ANGELES, CA: DTZ, a UGL company today announced that it has represented Pinnacle Travel Services, LLC, a full service, multi-lingual online travel agency in its move into 25,399 SF of space within the Gateway El Segundo project at 390 N. Sepulveda Boulevard located minutes from LAX in the heart of the El Segundo amenity-rich commercial community.
18 September 2012
Todd M. McHenry appointed Executive Vice President - Legal, DTZ
LOS ANGELES, CA: DTZ, a UGL Company, has announced the appointment of Todd McHenry as Executive Vice President - Legal, effective September 17, 2012. Mr. McHenry will oversee the world-wide legal activities for DTZ, a leading provider of global property services. As a member of DTZ's global leadership team based in Los Angeles, Mr. McHenry will also play a critical role in the development and implementation of the company's overall governance and risk management practices.
17 September 2012
DTZ appoints new President for its Canadian brokerage operations
CANADA: DTZ, a UGL company today announced the appointment of Colin Ross to the position of President of the Canadian brokerage operations.
11 September 2012
Mululani Estates of Oahu, Hawaii hires DTZ on an exclusive basis to raise capital for its 353-Homesite Community in Makaha
NEW YORK, NY: DTZ, a UGL company today announced today that it has been retained on an exclusive basis as financial advisor to raise capital for land recapitalization and horizontal improvements for a 353-homesite gated community, “Malulani Estates” on Oahu, Hawaii. The $25 million financing will provide for the roads, sewers, lighting and other services to the 61-acre tract, as well as for a pool and clubhouse. The parcel, located only 34 miles up the coast from Honolulu in the town of Makaha, is the last developable tract in the valley. The DTZ team heading the capital raise is led by Managing Director, Jeffrey Donnelly, and Vice President, Marc Civitillo, of the Real Estate Investment Banking Services division in New York City.
7 September 2012
Surging Chicago Marketing Agency Trisect relocates to 130 Jefferson Street, Chicago
CHICAGO, IL: DTZ, a UGL company today announced that it has negotiated a 30,373 SF new-lease acquisition for TRISECT, an independent marketing agency. Launched in 2005 with a focus on retail and promotional marketing, Trisect has grown rapidly into a full-service agency with a national roster of blue chip clients. Formerly located at 300 N. Elizabeth Street, Chicago, the firm recently relocated into its new, fully remodeled space in the historic Glessner Center at 130 S. Jefferson Street.
23 July 2012
Non European investors push volumes higher
London: DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), today released its latest European Investment Market Update. The report from DTZ Research, shows total direct commercial real estate investment totalled €25.4bn in the second quarter of 2012, a modest 4% increase on Q1 2012. This took first half volumes up to €50bn, a performance in line with the €52bn recorded in the same period of 2011. However, uncertainty surrounding the European sovereign debt crisis and weak economic growth is negatively impacting investor sentiment, which remains risk averse.
20 July 2012
DTZ's Newcastle office secures international appointment
The Newcastle office of DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), has secured a flurry of international, national and regional contracts.
20 July 2012
Northern Lighthouse Board puts part of its unique portfolio up for sale
The Northern Lighthouse Board (NLB) is reducing its ownership of land and property holdings around Scotland. It has instructed DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), to sell the properties.
18 July 2012
DTZ commissioned on Trafford Park's Growth Strategy
DTZ in Manchester, part of UGL Services, leading a multi-disciplinary team including Taylor Young, Regeneris and Curtins Consulting, has been commissioned to prepare a Growth Strategy and Spatial Framework to guide the future development and maximise the economic growth potential of Trafford Park. The work will focus on Trafford Park and the adjoining areas of the Trafford Centre, Pomona, Manchester United Football Club and MediaCity:UK as well as considering linkages to adjacent areas including The Quays and the City Centre.
5 July 2012
DTZ Research: Rents of non-landed private homes increase
Singapore: Rents of non-landed homes across all segments grew more strongly in Q2 2012, due to a seasonal increase in leasing activity in April and May as expatriates relocating to Singapore after the summer holidays tend to confirm their rental contracts during the April-May period, according to DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL).
3 July 2012
DTZ Research: Industrial capital values rise while rents soften
Singapore: Capital values of industrial space rose in Q2 2012, even as rents softened in the face of cautious occupier sentiment, according to DTZ, part of UGL Services, a division of UGL Limited (ASX:UGL).
27 June 2012
DTZ Research: Shadow space continues to rise
Singapore: Average gross face rents for prime office space in the CBD declined in Q2 2012, as global economic uncertainties continued to plague occupier sentiment, according to DTZ, part of UGL services, a division of UGL limited (ASX:UGL).
18 June 2012
DTZ Research: Retail rents in Orchard/Scotts and suburban areas resilient
Singapore: Retail rents were largely resilient in Q2 2012 as employment rate and tourist arrivals remain high, with both Orchard/Scotts Road and suburban areas seeing a marginal increase while other city areas saw a slight fall. The average gross fixed rent of prime retail space in Orchard/Scotts Road rose 0.1% quarter-on-quarter (q-o-q) to $30.33 per sq ft per month, while average rents in suburban areas rose by 0.2% to $28.35 per sq ft per month. Figures are based on baskets of secondary properties tracked by DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL).
21 May 2012
Developer acquires Bristol industrial site for £1.5m
Bristol, UK: DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), has acquired the freehold interest in an industrial site in Bristol's Ashton Gate, on behalf of a client, for £1.5m.
8 May 2012
Trafford Park site let to CHEP UK
Manchester, UK: The Manchester office of DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), acting on behalf of W Maher & Sons has agreed the letting of a 4.3 acre site, located in the heart of Trafford Park.
10 April 2012
Former Brintons' HQ goes on the market
Leading UK carpet manufacturer, Brintons Carpets Ltd has appointed real estate adviser, DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), to sell its former headquarters premises in Kidderminster, Worcestershire.
DTZ sells Exeter Gateway site
DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), acting on behalf of The Church Commissioners has sold the Exeter Gateway site to Sainsbury's.
4 April 2012
DTZ appointed by Manchester Metropolitan University to advise on the future of surplus educational sites
DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), has been appointed by Manchester Metropolitan University to advise on the future of a number of sites which are surplus to requirements. The university is consolidating all of its educational provision into two locations in Manchester and Crewe. DTZ will provide strategic advice to the university on future potential uses and the approach that the university should follow to sell the sites.
Sunlight House ‘tucks in' Silentnight
The Manchester office of DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), has secured a letting at Sunlight House, Manchester to The Silentnight Group.
2 April 2012
Three new appointments for DTZ in Scotland
DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), has further strengthened its Edinburgh and Glasgow offices with the appointment of three new members of staff.
DTZ launches Enterprise Award in collaboration with the University of Edinburgh Business School
Edinburgh: DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL) and one of the world's largest property services companies, has collaborated with the University of Edinburgh Business School to launch the DTZ Enterprise Award. The first award was presented to undergraduates Gary McIntyre, Hossam Hashim and Tom Bright.
15 February 2012
Press Release | DTZ Research: North American occupancy costs increased by 1.4% in 2011 after two years of decline
5 December 2011
UGL acquires DTZ for £77.5 million
Aquisition of DTZ - Investor Presentation
Interview with CNBC on UGL acquisition of DTZ