In the News

David Friedland Joins Cushman & Wakefield in Chicago

CHICAGO, Sept. 29, 2016 – Cushman & Wakefield has recruited David Friedland to join its Chicago Industrial Services group, further strengthening the firm’s leading industrial practice. Mr. Friedland, a 22-year industry veteran focused on Chicago’s suburban industrial market, will serve as Executive Director. ”David has an outstanding reputation and unmatched expertise that will elevate our Chicago industrial platform significantly,” said Shawn Mobley, Cushman & Wakefield President, East Region. “We will continue to add exceptional talent to complement our leading industrial platform in Chicago, one of the nation’s top industrial markets, and we could not have asked for a better addition to bolster that growth.” Mr. Friedland joins Cushman & Wakefield from Transwestern. He specializes in industrial sale and lease transactions in the Interstate 88 corridor and surrounding western suburbs. Over his career, he has completed 700+ transactions for corporate and institutional clients valued at $1 billion. Mr. Friedland joined Epic [...]

DRA Advisors, M & J Wilkow Select Cushman & Wakefield to Lease One East Erie

CHICAGO, Sept. 26, 2016 – A joint venture between investment advisor DRA Advisors LLC and M & J Wilkow, Ltd. has appointed Cushman & Wakefield as the exclusive leasing agent for One East Erie, a 125,922-square-foot office and retail property located in the heart of Chicago’s River North district. A Cushman & Wakefield team led by Executive Director Barb Schenberg, Senior Director Jack McKinney Jr. and Director Teddy Walsh will market the available space to prospective tenants. "One East Erie is an outstanding mixed-use property in one of Chicago's most vibrant downtown locations," said Tim Shields, Senior Vice President of Acquisitions and Asset Management for M & J Wilkow, Ltd. "We’re confident that partnering with Cushman & Wakefield will help us achieve our vision of maximizing value for this property using best-in-class leasing coupled with our strong asset and property management expertise. DRA Advisors and M & J Wilkow closed [...]

Cushman & Wakefield Arranges Acquisition of Manufacturing Facility for Danco Converting

CHICAGO, September 22, 2016 – Cushman & Wakefield has represented Chicago-based Danco Converting in the acquisition of an 110,071 rentable square foot manufacturing facility located at 455 E. North Ave. in Carol Stream, Ill. Danco Converting, a commercial paper converting company, will consolidate and relocate its two Elk Grove Village, Ill., operations to the Carol Stream facility. Senior Director Chris Lydon, SIOR, of Cushman & Wakefield and Principal Chad Arthur of Arthur Brokerage Group arranged the acquisition on behalf of Danco, as well as the sale of its former facility located at 1901 Greenleaf Avenue in Elk Grove Village. “Our growing customer base has fueled the need for additional production capacity,” said Dan Mulvey, President and Founder of Danco Converting. “The new facility will dramatically increase our production efficiencies and allow for long-term manufacturing and operational excellence. This is a testimony to our continuous commitment to providing our customers with [...]

Victoria L. Noonan Joins Cushman & Wakefield as Chicago Managing Principal

CHICAGO, September 19, 2016 – Cushman & Wakefield announced today the appointment of Victoria L. Noonan (Vicki) as Chicago Managing Principal. As Managing Principal, Noonan will provide strategic leadership to a metro Chicago team of more than 350 brokerage, property management and project management professionals who serve the firm’s investor and occupier clients. Additionally, she will guide the firm’s future growth and recruiting efforts. Noonan joins Cushman & Wakefield from Tishman Speyer, where she began her career as an administrative assistant in 1978 and rose to Managing Director and leader of the firm’s Chicago and Milwaukee leasing teams, responsible for a 9 million-square-foot portfolio of Class A office space. “Vicki is one of the most respected real estate executives in Chicago who was the face of Tishman Speyer for decades,” said Shawn Mobley, Cushman & Wakefield President, East Region. “Her experience, leadership and perspective are unsurpassed in our market. I’m [...]

Keith Puritz, Brett A. Kroner, Eric Fischer, Michael Scadron and Marc Samuels Join Cushman & Wakefield in Chicago

CHICAGO, Sept. 8, 2016 – Cushman & Wakefield announced today that a leading industrial brokerage team including Keith Puritz, Brett Kroner, Eric Fischer, Michael Scadron and Marc Samuels has joined the firm’s Chicago Industrial Services group. Puritz and Kroner will serve as Executive Directors, while Fischer will serve as Senior Director. Additionally, Scadron and Samuels will serve as Associates. In his 27-year career, Puritz has closed more than $2.8 billion in sale and lease transactions. Both he and Kroner, whose career in industrial brokerage spans 19 years, are returning to Cushman & Wakefield where they were partners from 1997 to 2002 and top industrial producers in 2000 and 2001. “Keith and Brett’s team is a tremendous addition to our Chicago operations, and we couldn’t be happier to welcome them – or welcome them back – to Cushman & Wakefield,” said Shawn Mobley, Cushman & Wakefield President, East Region. “As the [...]

2018-04-23T15:29:30+00:00 September 8th, 2016|0 Comments

Cushman & Wakefield Hires Trio of Incentives Experts

CHICAGO, Sept. 1, 2016 – Cushman & Wakefield has announced the expansion of its Business Incentives Practice with the addition of Jason Lake, Bradley Migdal and Shannon O’Hare. Using a multifaceted methodology that begins with careful analysis of location-specific data, Cushman & Wakefield’s Business Incentives team identifies all viable real estate options, provides detailed due diligence on all aspects of the required infrastructure, and secures and administers negotiated business incentive packages. “Jason, Brad and Shannon each bring a profound level of experience and expertise, supporting our mission to grow our incentives group with industry leaders,” said Kevin Hughes, President, Portfolio Solutions at Cushman & Wakefield. “We are fortunate to add these talented professionals to an area of practice that is in high client demand and look forward to further expanding the capabilities of our full-service real estate platform.” Lake joins Cushman & Wakefield as Senior Managing Director after spending more [...]

Cushman & Wakefield Marketing Pershing Crossing for Investment or Leasing Opportunity

CHICAGO, Aug. 30, 2016 – The City of Chicago, owner of Pershing Crossing, has engaged Cushman & Wakefield to market the former military installation in the city’s historic Central Manufacturing District to potential investors and tenants. For 65 years, Pershing Crossing functioned as the U.S. Sixth Army Headquarters and Quartermaster Depot. Today, the three-building, 1.7 million-square-foot complex is undergoing re-visioning and redevelopment into a strategic location for commercial office and data center use. Cushman & Wakefield Vice President Daniel Nack heads the United States leasing team, while Senior Director Richard Howard leads the United Kingdom team. Vice President Lexis Livengood and Director Benjamin Cleveland round out the Cushman & Wakefield marketing team. “Based on their size, load-bearing capacities, and connectivity to nationwide communication networks, the Pershing Road buildings offer significant opportunities for modern commercial uses,” said David L. Reifman, commissioner of the Chicago Department of Planning and Development. “The City [...]

Cushman & Wakefield Represents Klaff Realty in Acquisition of South Loop Shopping Center

CHICAGO, August 3, 2016 – Cushman & Wakefield today announced that Klaff Realty, LP, a privately owned real estate investment company, has acquired a 26,380 square foot shopping center at 542-566 West Roosevelt Road in Chicago’s South Loop neighborhood for $6.15 million. The fully leased property is located in the heart of the emerging South Loop retail corridor, blocks from the University of Illinois-Chicago and near a host of national retailers such as Target; Whole Foods; Walgreens; Nordstrom Rack; Bed, Bath & Beyond; Dick’s Sporting Goods; and more. Klaff Realty was represented by Cushman & Wakefield Director Nicholas Kanich and Senior Directors Evan Halkias and Michael Marks in the transaction. Specializing in the acquisition, redevelopment and management of distressed and undervalued retail assets throughout the United States and Latin America, Klaff has been involved in the value creation of the real estate of several of the nation’s largest retailers. The [...]

IDI Gazeley Begins Development on One of Chicago’s Largest Industrial Spec Buildings of 2016

CHICAGO, July 20, 2016 – IDI Gazeley, a leading global investor and developer of logistics warehouse and distribution parks, has broken ground on a 749,554 square foot industrial speculative building at 23700 West Bluff Road in Channahon, Illinois. Strategically located near the intersection of I-55 and I-80 in southern Will County, it is the first of four anticipated buildings to be constructed at the Channahon Corporate Center, a 100-acre master-planned industrial and logistics park that will have approximately two million square feet of industrial space. The building is scheduled for completion in the first quarter of 2017. Cushman & Wakefield Executive Director Jason West, SIOR, Senior Director Sean Henrick, SIOR, and Associate Director Michael Magliano are marketing the property on behalf of IDI Gazeley. “We are happy to be underway with this exciting project,” said Tom George, Regional Director of IDI Gazeley. “This is the culmination of three years of [...]

Civis Analytics to Expand, Relocate Chicago Office to 200 W. Monroe

CHICAGO, July 14, 2016 – Cushman & Wakefield announced today that Chicago-based Civis Analytics, a leading provider of data science software and services, has signed a direct lease for 29,079 square feet at 200 W. Monroe. Civis’ thriving workforce and anticipated future growth created increased demand for office space, as the company has grown from 15 employees in 2013 to 120 today, with plans to add at least 75 jobs in 2016. Civis will begin occupying its new office in August 2016. The transaction was led by Cushman & Wakefield Executive Managing Director Steve Schneider, in partnership with Senior Director Bill Starcevich and Senior Project Manager Jake Hagelow of Cushman & Wakefield’s Project & Development Services group. “We've been fortunate to outgrow four offices in three years, and we're ready to have a headquarters that we can finally call home,” said Civis Analytics CFO Alan Fu. “The city continues to [...]