Multifamily

Cushman & Wakefield Arranges Sale for The Coil Apartments and Fresh Thyme

Todd Stofflet, Jason Stevens and Susan Tjarksen Represented the Seller CHICAGO, December 5, 2018 – Cushman & Wakefield has arranged the sale of The Coil Apartments and Fresh Thyme at 6349 N. College Ave, in Indianapolis to RDG Funds. The property is 151 units of new construction multifamily residences above a 33,500-square-foot retail space anchored by Fresh Thyme. Todd Stofflet, Jason Stevens and Susan Tjarksen represented the seller, Sheehan Companies and Browning Investments. Todd Stoflett, Cushman & Wakefield, said: “The Coil Apartments are well-located in the popular Broad Ripple Village, anchored by a Fresh Thyme, and with a number of dining, entertainment, fitness and shopping options just minutes away. This is one of the first sales of a Class A mixed-use property in Broad Ripple and The Coil is commanding some of the top rents in the area. Overall, it’s well-positioned for long-term growth.” About Cushman & Wakefield Cushman & Wakefield [...]

Cushman & Wakefield Hires KIG CRE Brokerage Team

Susan Tjarksen, Todd Stofflet and Jason Stevens Bolster Firm’s Midwest Multifamily Institutional Investment Sales Platform CHICAGO, October 8, 2018 – Cushman & Wakefield today announced the Chicago office has hired KIG CRE’s multifamily institutional investment sales brokerage team. Susan Tjarksen, Todd Stofflet and Jason Stevens joined as Managing Directors on October 1 and will be based in the firm’s office at 225 West Wacker Drive. They are accompanied by Laura Ballou, Jacob Albers, Daniel Falkenberg, Caleb Zielke and Brenda Cuellar from their team. The sales team has brokered over $2.4 billion of multifamily sales, 145 acres of multifamily land and sold more than 33,000 apartment units. Vicki Noonan, Chicago Managing Principal, Cushman & Wakefield, stated: “The KIG team is forward-thinking and has a fantastic transaction track record. Their expertise in interpreting and delivering data-driven intelligence bolsters our Chicago investment sales platform and will drive value and transparency throughout the sales [...]