Larry Downey

Larry Downey

Curtis Chickerneo

Curtis Chickerneo

PHOENIX, December 18, 2015 – Cushman & Wakefield, a global leader in commercial real estate services, announced today the consolidation and relocation of the Phoenix, Tempe and Mesa operations for Hubbard Radio. Cushman & Wakefield negotiated the company’s purchase of land in Tempe for the construction of a new build-to-suit Hubbard Radio Phoenix headquarters facility.

Cushman & Wakefield has been hired by Hubbard to handle the marketing and sale of two existing locations involved in the facility consolidation plan. Vice Chairman Larry Downey, Executive Director David Brown and Associate Curtis Chickerneo represented Hubbard Broadcasting in its Metro Phoenix real estate needs. Downey and Chickerneo are located in the Phoenix office, and Brown is based in Minneapolis.

Hubbard Broadcasting, Inc. is an American television and radio broadcasting corporation based in
Minneapolis. The company operates stations in nine states and also owns satellite and cable networks. The
new, two-story, 28,000-square-foot building at 1120 N. 52nd St. will house all five of Hubbard Radio’s local
stations, including 98 KUPD, 93.3 FM, KSLX 100.7 FM, NBC Sports 1060 AM and 440AM. The building
construction project is well underway and will be completed in spring 2016. The building will feature an outdoor
deck and performance promenade for visiting artists and will house video studios as well.

About Hubbard Broadcoasting
Started in 1923, Hubbard Broadcasting, Inc. is an American television and radio broadcasting corporation
based in Minneapolis Saint Paul, MN that was started by Stanley E. Hubbard. Hubbard Broadcasting operates
radio stations and television stations in nine states. In addition to radio and television broadcast stations, other
Hubbard Broadcasting companies include the satellite and cable networks ReelzChannel (launched in 2006)
and Ovation TV, F&F Productions, 2060 Digital and the Hubbard Radio Network

About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people
work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global
insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is
among the largest commercial real estate services firms with revenue of $5 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 www.cushmanwakefield.com or follow @CushWake on Twitter.