The Chicago office of Cushman & Wakefield has acquired KIG CRE effective October 1. This will bring the multifamily institutional investment sales brokerage team of Susan Tjarksen, Todd Stofflet and Jason Stevens on board as managing directors, based in the firm’s office at 225 W. Wacker Drive.
They are accompanied by Laura Ballou, Jacob Albers, Daniel Falkenberg, Caleb Zielke and Brenda Cuellar, also formerly of KIG CRE. The sales team has brokered over $2.4 billion in multifamily sales, 145 acres of multifamily land and sold more than 33,000 apartment units.
“The KIG team is forward-thinking and has a fantastic transaction track record,” said Vicki Noonan, Chicago managing principal, Cushman & Wakefield. “Their expertise in interpreting and delivering data-driven intelligence bolsters our Chicago investment sales platform and will drive value and transparency throughout the sales process for multifamily institutional investor clients in Chicago and the Midwest.”
“Utilizing data and technology, we established ourselves as a go-to strategic resource and broker. Partnering with one of the largest brokerage firms in the world further cements our position as an industry leader in multifamily investment sales,” said Tjarksen. “Through Cushman & Wakefield’s impressive footprint and our access to their deep resources, we are well-positioned to advise institutional investors on the acquisition and disposition of their assets.”