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Home Business

John Cushman III, a ‘legacy’ in Cushman & Wakefield history, dies

LA Daily News by LA Daily News
May 5, 2023 3:54 pm EDT
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John C. Cushman III, a member of Cushman & Wakefield’s founding family, died May 4 at age 82.

The commercial real estate brokerage heralded his 60-year career, calling Cushman a “legacy in business” and a “key pillar in Cushman & Wakefield’s history.”

The family in a statement wrote that Cushman died peacefully. His wife of nearly 60 years, Jeanine, his two brothers, four sons, their wives and all 10 grandchildren were able to be with him before his death.

“John’s successes in commercial real estate were extremely notable but his positive impact on so many careers are what mattered to him even more,” the family wrote. “John always valued the importance of giving back and was a staunch supporter of many philanthropic efforts. His contributions to so many organizations will contribute to his legacy.”

According to his biography, Cushman, as president of the Westerns Region in 1965, was responsible for 60% of the firm’s offices in the United States. The brokerage, founded in 1917 in New York by brothers-in-law J. Clydesdale Cushman and Bernard Wakefield, would expand under Cushman’s direction when he headed west in 1967, opening a division in Los Angeles.

He and twin brother Louis B. Cushman would go on to open Cushman Corp. Realty in 1978, which grew to 11 U.S. offices from two with more than 200 employees. Cushman Realty merged with Cushman & Wakefield in 2001.

Louis Cushman now serves as a vice chairman in Cushman & Wakefield’s Houston office, which he founded. John’s son, Jeff Cushman, is a vice chair in Cushman & Wakefield’s San Jose office.

The family said those who want to honor Cushman III’s life should visit a national park site or make a donation to the National Park Foundation on his behalf.

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LA Daily News

The Los Angeles Daily News is the second-largest-circulating paid daily newspaper of Los Angeles, California. It is the flagship of the Southern California News Group, a branch of Colorado-based Digital First Media.

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