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Tag Archive for: newmark grubb knight frank

REPORT: Fort Lauderdale Office Market Gaining Traction… Slowly

July 31, 2013/in News, Trends/by SFOBA STAFF

A recent report compiled by Eric Messer, Research Services Manager with Newmark Grubb Knight Frank, indicates that although the Fort Lauderdale office leasing market experienced little change during the second quarter of 2013, demand did outpace supply.  Numerous small relocations and expansions of existing tenants within the market continued to fuel the positive net absorption.

So how long will tenants continue to have the upper hand in lease negotiations?  CLICK HERE TO DOWNLOAD THE FULL NGKF 2Q13 BROWARD OFFICE MARKET REPORT TO FIND OUT

 

Interested in other Newmark Grubb Knight Frank Reports?  Click on the following links to download:

Newmark Grubb Knight Frank’s 2Q13 Broward Industrial Market Report

Newmark Grubb Knight Frank’s 2Q13 Palm Beach Office Market Report

Newmark Grubb Knight Frank’s 2Q13 Palm Beach Industrial Market Report

Newmark Grubb Knight Frank’s 2Q13 Miami Office Market Report

Newmark Grubb Knight Frank’s 2Q13 Miami Industrial Market Report

 

 

 

https://sfoba.com/wp-content/uploads/2013/07/Newmark-Grubb-Knight-Frank.png 270 275 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2013-07-31 20:28:542013-07-31 20:28:54REPORT: Fort Lauderdale Office Market Gaining Traction… Slowly

Market Report: Broward’s Office & Industrial Vacancy Rates Drop

January 23, 2013/in News/by SFOBA STAFF

By Eric Messer, Research Services Manager, Newmark Grubb Knight Frank

Broward County’s commercial markets chugged along in 2012 as modest positive absorption pushed vacancy rates lower for both sectors.

Broward County’s office market continued to hold the lowest vacancy rate while industrial posted the highest in South Florida, albeit just 70 basis points above Palm Beach’s 8.0% industrial vacancy.

Landlords have held asking rents steady as direct weighted averages experienced slight decreases during 2012. The push downward can be attributed to lower-end space remaining on the market as higher-end office space is being leased and the trend of businesses “flight to quality” continued. Similar conditions are projected for 2013 with momentum building toward at end of year and into the first half of 2014.

Click on the links below for the full report.

4Q12 Broward Office Market Report

4Q12 Broward Industrial Market Report

https://sfoba.com/wp-content/uploads/2013/01/downward-trend.jpg 270 275 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2013-01-23 20:43:532013-01-23 20:43:53Market Report: Broward’s Office & Industrial Vacancy Rates Drop

BGC Forms Newmark Grubb Knight Frank

April 18, 2012/in News/by SFOBA STAFF
Newmark Grubb Knight Frank President Jimmy Kuhn

 

BGC is rapidly integrating Newmark Knight Frank, which it acquired in October 2011, with Grubb & Ellis, forming Newmark Grubb Knight Frank, its new full-service commercial real estate platform.

In addition to the Grubb & Ellis professionals now joining the combined firm, Newmark Knight Frank has added more than 50 brokers in offices across the country in the last several months.

Michael Lehrman, global head of real estate at BGC, says in a prepared statement that “With more than 100 offices in North America, 250 million square feet in Property and Facilities Management, and an outstanding national Appraisal business, the creation of Newmark Grubb Knight Frank is a game-changing moment in the real estate industry. Newmark Knight Frank and Grubb & Ellis each have consistently ranked among the leading companies in the real estate industry, and now these two great brands have come together as an even more impressive competitive presence in the real estate marketplace.”

Barry Gosin, CEO of the combined Newmark Grubb Knight Frank, commented, “Our value proposition embraces a portfolio of management services, capital markets, corporate services, investment sales, leasing, tenant and landlord representation, property and facilities management, industrial engineering, appraisal and valuation services. In short, it’s a fresh and comprehensive way of identifying creative, fully integrated solutions to meet clients’ complex real estate objectives by applying BGC’s capital, management, and technology as we enlarge the scale of our real estate services platform and expand into new markets.”

Lehrman adds “Our integrated real estate business brings together an extraordinary team of best-in-class brokers, property management, facilities management and appraisal executives and their staff. This transaction is a testament to the dedication and shared client focus of literally hundreds of individuals at BGC, Newmark Knight Frank, Grubb & Ellis and their respective affiliates.”

According to Jimmy Kuhn, president of the combined Newmark Grubb Knight Frank, said, “With our teams working together, we have already won significant new mandates. Clients are telling us that with the proven strengths of Newmark Knight Frank, Grubb & Ellis’s investment sales capabilities and expertise across multiple practice groups, and BGC’s expertise in global capital markets, Newmark Grubb Knight Frank represents one of the most powerful solutions in the real estate industry.”

https://sfoba.com/wp-content/uploads/2012/04/JimmyKuhn.jpg 270 275 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2012-04-18 02:14:022012-04-18 02:14:02BGC Forms Newmark Grubb Knight Frank
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