Seven-person industry-leading team to cover Chicago and Midwest Markets and grow institutional Capital Markets platform
CHICAGO, November 16, 2018 – Cushman & Wakefield announced that the office investment sales team of Paul Lundstedt, Dan Deuter, Tom Sitz and Cody Hundertmark has joined Cushman & Wakefield, effective today, 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.