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Deka Immobilien Acquires 905 W. Fulton Market from Thor Equities, Selects Cushman & Wakefield for Property Management and Retail Leasing

Deka Immobilien has acquired 905 W. Fulton Market, a Class A, 98,000-square-foot office building, from Thor Equities, and selected Cushman & Wakefield (NYSE: CWK) to provide Property Management and retail Agency Leasing services for the property, which serves as the global headquarters of Mondelez International.


Cushman & Wakefield Executive Directors Tom Sitz and Cody Hundertmark, Executive Managing Director David Knapp and Managing Director Josh McGee arranged the off-market sale for the five-story trophy office building in the Fulton Market submarket. Thor Equities was not represented by a broker.


Cushman & Wakefield Executive Managing Director Greg Kirsch and Associate Sarah Delisi will lead retail leasing, while Kelly Thiede and Nicole Peters will lead property management. Cushman & Wakefield Managing Directors Mark BA?by and Ben Cleveland worked with Thor Equities to prelease the propertya??s office space, which included Mondelez Internationala??s commitment.


"We are pleased to have been involved in the sale of this extraordinary Fulton Market development involving two world-class organizations,a?? Sitz said. "Congratulations are in order to Thor Equities Group for delivering this premier building to the market and to Deka on its acquisition of one of Chicagoa??s newest, best-in-class assets.a??


Added Victoria Noonan, Cushman & Wakefield Chicago Managing Principal, "We have been thrilled to be involved with 905 W. Fulton Market from the onset. Our involvement with this asset from inception with Thor Equities to the building sale to Deka and now the ongoing leasing and property management displays the depth and breadth of the platform to provide comprehensive investor services to our clients.a??
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