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Former parent company buys back Utah's Cushman & Wakefield Commerce real-estate firm

The Salt Lake City office of real estate company Cushman & Wakefield Commerce has been acquired in a deal that brings its name in line with its ownership.

For the last four years or so, the commercial real-estate office was owned by NorthMarq Companies, a private holding company of the Minnesota-based Pohlad family, owner of Major League Baseball’s Twins.

NorthMarq’s holdings also included Cushman & Wakefield Commerce offices in Nevada and Washington and Cushman & Wakefield NorthMarq in Minnesota.

“We’re still going to be local,” said Trigger Reital, manager of Cushman & Wakefield’s Salt Lake City office, which has 124 employees.