Seven-person industry-leading team to cover Chicago and Midwest
Markets and grow institutional Capital Markets platform
CHICAGO--(BUSINESS WIRE)--
Cushman
& Wakefield (NYSE: CWK) announced that the office investment
sales team of Paul Lundstedt, Dan Deuter, Tom Sitz and Cody Hundertmark
has joined Cushman & Wakefield, effective November 15. They are
accompanied by their investment, analyst and client service
professionals Jeremiah Olsen, Matt Knoff and Debbie Leon.
The team joins Cushman & Wakefield’s national Capital Markets practice,
which is focused on institutional clients and gateway markets. They will
collaborate closely with the Capital Markets and Office Leasing teams in
Chicago and across the Midwest, supporting the company’s investor
services business.
With a combined 85 years of experience executing sales and
recapitalization transactions for investment clients, the team has an
outstanding track record of $16 billion in total transaction volume,
more than 305 sale and/or recapitalization transactions and 110 million
square feet of assets.
Carlo Barel di Sant’Albano, Chief Executive, Global Capital Markets &
Investor Services, Cushman & Wakefield: “Today’s announcement
reinforces our commitment to clients and to strategically grow our
institutional Capital Markets platform throughout the U.S.”
Adam Spies, Chairman, Capital Markets at Cushman & Wakefield:
“We are delighted to welcome the team to Cushman & Wakefield. We are
dedicated to delivering outstanding results for our clients across the
country and look forward to expanding our talent base in Chicago with
this first-class institutional Capital Markets team.”
Shawn Mobley, Americas CEO at Cushman & Wakefield: “This team
is widely recognized in the industry for their track record in
delivering results for clients. If you are looking to transact in the
office investment sales space, this is the team investors seek out.
Equally, they are a fit for our collaborative, client-first culture and
I personally look forward to working with them.”
Vicki Noonan, Chicago Managing Principal at Cushman & Wakefield:
“Attracting a team of this caliber is evidence of our commitment to
provide clients with best-in-class insights on how to maximize the value
of real estate holdings by understanding and taking advantage of market
conditions, trends and dynamics.
“Together with the full power of our leading investment sales platform,
our new colleagues will help us continue to expand our expertise and
grow services that offer comprehensive and research-driven transaction
solutions and customized strategies to each investor. I couldn’t be more
excited about expanding our family to include this team.”
Cushman & Wakefield’s U.S. market share for office sales nearly tripled
to more than 23 percent with $8.6 billion of sales through 1H 2018,
according to Real Estate Alert, the commercial real estate industry
publication that measures investment sales volume and brokerage market
share. Across all property types, the increase in market share ranks
Cushman & Wakefield #3 nationally through 1H 2018, up from #5 in 2017.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services
firm that delivers exceptional value by putting ideas into action for
real estate occupiers and owners. Cushman & Wakefield is among the
largest real estate services firms with 48,000 employees in
approximately 400 offices and 70 countries. In 2017, the firm had
revenue of $6.9 billion across core services of property, facilities and
project management, leasing, capital markets, advisory and other
services. To learn more, visit www.cushmanwakefield.com
or follow @CushWake
on Twitter.
Source: Cushman & Wakefield
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181119005855/en/
MEDIA CONTACT:
Stefanie Murphy
+1 312 909 1731
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Source: Cushman & Wakefield