In the News

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 [...]

DuPage Montessori School Leases Original Calamos HQ in Naperville

CHICAGO, July 6, 2016 – Cushman & Wakefield has announced that DuPage Montessori School, a private non-profit educational institution, has signed a new long-term lease for two full floors at 1111 E. Warrenville Road in Naperville, Ill. Owned by Calamos Investments, the 38,425 square foot office building is currently vacant and will be redeveloped into a PreK-8 school complete with an outdoor playground and artificial turf athletic field. Construction is slated to kick off in summer 2016 and is expected to be completed in time for the 2017-2018 school year. Cushman & Wakefield Senior Vice President Adam McCostlin and Associate Brian Duffy led the lease transaction on behalf of DuPage Montessori School, with support from Executive Managing Director Chris Wood and Vice President Jordan Decker. “DuPage Montessori School prides itself on being one of the largest and most advanced progressive schools in the Chicagoland area,” said Colin Breen, Director at [...]

Cushman & Wakefield Names North America’s Top 15 “Cool Streets”

CHICAGO, June 27, 2016 – A new breed of urban, experiential, and independent mid-market retailers catering to millennial consumers has led to the rise of 100 “Cool Streets” across the U.S. and Canada, according to an inaugural report released today by global real estate services firm Cushman & Wakefield. The firm’s first-ever Cool Streets of North America report explores the phenomena behind the rise of dozens of new, edgy retail districts across the U.S. and Canada. While some of these areas featured in the report are longstanding bohemian enclaves and focal points for local arts, music, or LGBT communities, the renaissance in nearly all of the Cool Streets has been driven by an explosion of unconventional new retail concepts. The report captures the top 15 Cool Streets as follows: Sunset Park in Brooklyn; Logan Square in Chicago; Over-the-Rhine in Cincinnati; RiNo in Denver; Silver Lake in Los Angeles; Wynwood in [...]

Cushman & Wakefield Completes 191,453 SF of Office & Industrial Leases at Yorkbrook Business Park

CHICAGO, June 7, 2016 – Cushman & Wakefield has completed 22 transactions totaling 191,453 square feet of office and industrial space at the Yorkbrook Business Park in Lombard, Illinois on behalf of Venture One Real Estate. The completion of the new and renewal leases brings the 736,000 square foot, 18-building portfolio, which was acquired by Venture One in March 2016, to approximately 94% occupied. Cushman & Wakefield Senior Director Sean Henrick and Associate Joseph Gatto represented Venture One in the industrial leases, which ranged from 1,338 to 30,627 square feet. Cushman & Wakefield Senior Director Michael Simpson and Associate Allyson Yates are marketing the flex and office properties on behalf of Venture One. Consisting of both single and multi-tenant properties, the portfolio includes 12 industrial properties and six flex office properties. Venture One recently completed renovations to vacant suites, including new energy-efficient lighting and high-end office finishes. The company has [...]