Newmark Group
 | This article contains content that is written like an advertisement. (October 2018) |
| File:Newmark Group logo.png | |
| Company type | Public company |
|---|---|
| Nasdaq: NMRK (Class A) Russell 2000 Index component | |
| ISIN | US65158N1028 |
| Industry | Real Estate |
| Founded | 1929 Formed partnership with Knight Frank in 2006 |
| Headquarters | 125 Park Avenue New York, New York, USA |
Key people | Jeffrey Gural, Chairman Barry M. Gosin, CEO James D. Kuhn, President |
| Services | Leasing Advisory, Global Corporate Services, Investment Sales and Capital Markets, Consulting, Program and Project Management, Property and Facilities Management, Valuation and Advisory Services |
| Owner | BGC Partners |
| Website | ngkf |
Newmark Group Inc. is an American company and a major commercial real estate advisory firm. It operates by Newmark Knight Frank and is listed on the NASDAQ Global Select Market under the symbol "NMRK".
History
Newmark was founded as a commercial real estate services firm in Manhattan in 1929. NKF's fully integrated platform of services provides clients with a single-source solution[buzzword] for every phase of owning or occupying a property.
In 2000, Newmark embarked upon a national expansion. In 2001, they invested in family-owned national appraiser Koeppel Tener Real Estate Services, founded by Alfred J. Koeppel[1] and in 2006 formed a partnership with London-headquartered Knight Frank, creating an international commercial real estate company, Newmark Knight Frank.[2]
In October 2011, Newmark Knight Frank became a part of BGC Partners, Inc (NASDAQ:BGCP), a brokerage company primarily servicing the wholesale financial markets.[3]
In April 2012, BGC Partners bought commercial real estate firm, Grubb & Ellis, founded in 1958 by Donald Sr. & John Grubb & Harold Ellis, to form Newmark Grubb Knight Frank.[4]
Services
Newmark Knight Frank offers a range of real estate development and management services including: Leasing Advisory, Global Corporate Services, Investment Sales and Capital Markets, Consulting, Program and Project Management, Property and Facilities Management, Valuation and Advisory Services.
Newmark Knight Frank's integrated services platform provides clients with a single-source solution[buzzword] for every phase of occupying or owning a property - from strategic planning, site selection, design, construction and initial occupancy to ongoing cost-effective operations and dispositions.
In August 2017, NKF was retained as exclusive leasing agent for the remaining 90,000 square feet of office space at the 1.2-million-square-foot office and retail complex at the Jared Kushner connected development Brooklyn Tech Triangle.[5]
In December 2017, Newmark Knight Frank went public.[6]
See also
References
- ^ New York Post: "NEWMARK EYES BUY; REALTOR PLANS TO PUT $$ IN NATIONAL APPRAISER" By Lois Weiss July 3, 2001
- ^ Newmark To Change Name Following Merger. The Real Deal.
- ^ BGC Partners Announces Closing of Acquisition of Newmark Knight Frank.
- ^ BGC Forms Newmark Grubb Knight Frank Upon Completing Acquisition of Assets of Grubb & Ellis Company.
- ^ Loria, Keith. "NKF Tapped for Brooklyn Tech Hub Assignment".
- ^ www.bizjournals.com https://www.bizjournals.com/washington/news/2017/02/10/newmark-grubb-knight-frank-going-public.html. Retrieved 2019-08-22.
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https://commercialobserver.com/2018/05/newmark-acquires-rkf-for-undisclosed-price/
External links
- Business data for Newmark Group Inc.: