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Cushman & Wakefield Acquires Entire Eight-Person Team from Chicago Apartment Brokerage KIG CRE

Brokerage Giant Acquires Local Firm to Bolster Midwest Apartment Sales Practice
October 10, 2018
From left: Susan Tjarksen, Todd Stofflet and Jason Stevens named managing directors of Cushman & Wakefield following the acquisition of their firm, KIG CRE.

Cushman & Wakefield has acquired the entire eight-member team at Chicago apartment brokerage KIG CRE as the company looks to bolster its multifamily sales platform in the Midwest region.

Susan Tjarksen, Todd Stofflet and Jason Stevens join the firm's office at 225 W. Wacker Dr. in the West Loop as managing directors. Also joining Cushman & Wakefield are Laura Ballou, Jacob Albers, Daniel Falkenberg, Caleb Zielke and Brenda Cuellar.

The KIG CRE team has completed more than $2.4 billion of multifamily sales, including more than 33,000 apartments and 145 acres of land zoned for multifamily use. The team’s ability to interpret data and use it effectively in the market is expected to be a major asset.

“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, a 30-year industry veteran who co-founded KIG CRE with Lee Kiser of Chicago multifamily real estate brokerage Kiser Group in 2015.

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