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A highly visible, record-setting sale in a growing market can positively influence CWK's reputation, potentially boosting near-term advisory fees and attracting more listings, creating a modest uplift to revenue recognition in the near term.
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Cushman & Wakefield announced the sale of Seasons of Traverse Mountain, a 440-unit Lehi asset, for $130 million. The deal marks Utah County's largest widely marketed multifamily sale and the largest suburban sale in Utah by dollar volume in five years, underscoring CWK's strength in growing western markets and potentially boosting near-term advisory fees.
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