Cushman & Wakefield acquires Austin Operations of Peloton Commercial Real Estate.

Cushman & Wakefield has acquired the Austin, Texas, operations of Peloton Commercial Real Estate, one of Austin’s market-leading, full-service real estate brokerage, property management and project management firms. Financial terms were not disclosed. Peloton’s portfolio of leased and managed properties includes 5m square feet of office, industrial, retail and mixed-use property in the greater Austin area. “Austin continues to be one of the fastest-growing and most dynamic markets in the country. Investing in Kevin, Brian, Matt and their first-class team brings Cushman & Wakefield an enhanced competitive edge in serving the Austin business community. From startups to corporate giants, our ability to serve local, national and global occupiers and investors in Austin has never been stronger.” Andrew McDonald, Cushman & Wakefield’s West Region President.