Cushman & Wakefield’s Chicago office captures CBRE capital markets team

Cushman & Wakefield announced that the office investment sales team of Paul Lundstedt, Dan Deuter, Tom Sitz and Cody Hundertmark, formerly of CBRE, has joined Cushman & Wakefield, effective November 15. They are accompanied by their investment, analyst and client service professionals Jeremiah Olsen, Ben Foley, 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.

“We are delighted to welcome the team to Cushman & Wakefield,” said Adam Spies, chairman, capital markets at 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.”

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.

“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,” said Shawn Mobley, Americas CEO at Cushman & Wakefield.