For immediate release | February 28, 2018

91´«Ã½ appoints Cushman & Wakefield as strategic real estate advisor

91´«Ã½

CHICAGOThe 91´«Ã½ (91´«Ã½) has appointed Cushman & Wakefield as its exclusive real estate advisory firm to assist in the development of strategic real estate options that support the mission, business, and financial goals of the 91´«Ã½.

As their real estate advisor, Cushman & Wakefield will provide the real estate and consulting services needed to achieve the 91´«Ã½’s stated goals and optimize the value of their current headquarters at 40-50 East Huron that will ultimately help the 91´«Ã½ achieve greater operational excellence, grow its membership base, and have more resources to invest in programs and services for members.

“Cushman & Wakefield will provide us with strategic real estate advice and services,” said Mary Ghikas, executive director of the 91´«Ã½. “The firm has the requisite deep experience with not-for-profits and downtown Chicago headquarters and the right resources to help us identify and secure the best real estate options.”

“One of the benefits of retaining a global firm like Cushman & Wakefield is our access to broad and deep data, which can ultimately inform smarter, faster real estate decisions for sophisticated organizations like the 91´«Ã½ that have ambitious growth goals,” said J. Frank Franzese, Executive Vice President, Cushman & Wakefield. “We are in enthusiastic support of the 91´«Ã½’s mission to develop, promote, and improve libraries and access to information services to enhance learning for all ages. We look forward to a strategic working relationship with them to determine the highest and best use of their real estate here in Chicago.”

The Cushman & Wakefield team is led by J. Frank Franzese and includes Steven C. Bauer, Aaron Schuster, Michael McDermott, Dirk Riekse, Brian Chernett, Kathleen Nelson, and I-Lee Hwa and represents a cross-section of the firm’s Capital Markets, Workplace Strategy, Project & Development Services, and Not-for-Profit expertise.

About the 91´«Ã½

The 91´«Ã½ (91´«Ã½) is the foremost national organization providing resources to inspire library and information professionals to transform their communities through essential programs and services. For more than 140 years, the 91´«Ã½ has been the trusted voice of libraries, advocating for the profession and the library’s role in enhancing learning and ensuring access to information for all. For more information, visit .

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit or follow on Twitter.

Contact:

Macey Morales

Deputy Director

Public Awareness Office

mmorales@ala.org