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Newmark Grubb Knight Frank Bolsters Commercial Real Estate Services in Southeastern U.S., Extends Presence in South Carolina and Florida

New York, NY (05/17/2013)

10:00 AM

Newmark Grubb Knight Frank (NGKF), a global leader in commercial real estate, has partnered with Wilson Kibler, with offices in Charleston, Columbia, Greenville and Myrtle Beach, S.C., and Phoenix Realty Group in Jacksonville, Fla., strengthening its capabilities in the southeastern United States. Effective immediately, the former Grubb & Ellis affiliates will do business as Newmark Grubb Wilson Kibler and Newmark Grubb Phoenix Realty Group, respectively.

Brett Hunsaker, regional managing director for NGKF's Southeast region, said, "We are very pleased to officially introduce Newmark Grubb Wilson Kibler and Newmark Grubb Phoenix Realty as part of the enhanced NGKF platform. Each of these best-in-class firms recognizes the benefits of having a dominant position in New York, a strong international presence and robust corporate services capabilities. Their decision to join our growing company underscores their commitment to NGKF's vision of providing the most comprehensive service model, and we are confident that by working together we can create unique opportunities for our clients."

Established in 1987 and led by Principals Jeremy G. Wilson and C. Marshall Kibler, Newmark Grubb Wilson Kibler is one of South Carolina's largest full-service commercial real estate companies, offering a broad range of commercial real estate services throughout the state's midlands, upstate and coastal regions. This includes tenant and buyer representation; project leasing, acquisition and disposition; property management; and consultation for office, retail, industrial and investment properties.

Led by Principals John Richardson and Jim Sebesta, Newmark Grubb Phoenix Realty Group serves the Jacksonville market, which was recently ranked No. 2 by Forbes magazine in the category of biggest growth sector in the U.S. (as measured by employment in the professional, scientific and technical services sector). The company has grown significantly since its formation in 1993 and today provides brokerage and management services to many of the leading property landlords and corporate real estate users in Northeast Florida. In 2012, Newmark Grubb Phoenix Realty Group completed more than $136 million in brokerage transactions.

About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.

NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.