12:49 PM
One of the market’s top-producing brokers, veteran tenant representation and investment sales advisor Steve Morgan, joins the Atlanta office of Newmark Grubb Knight Frank (NGKF) as executive managing director. The Atlanta native brings more than 35 years of expertise in commercial real estate consulting, complex lease negotiation, mergers and acquisitions, and workplace strategies.
“Steve is one of the most sought-after brokers in metro Atlanta and a true heavy-hitter,” said Brett Hunsaker, executive VP, regional managing director. “I’m thrilled to bring on a long-time colleague to NGKF, where he’ll further strengthen our market platform.”
Morgan’s hiring comes at an opportune time. According to NGKF’s 1Q17 Atlanta Office Market Report, overall vacancy dropped to 16.0 percent, the lowest rate since 2002. However, healthy pre-leasing on 3.7 million square feet expected to deliver this year should help net absorption and increase vacancy, particularly in Midtown and the Cumberland/Galleria area.
“I am an Atlanta native with long-lasting relationships in this market. I look forward to continuing these partnerships, forming new associations and leveraging the resources Newmark Grubb Knight Frank has to offer,” Morgan said. “I am excited about the entrepreneurial opportunities the NGKF platform affords.”
Morgan joins NGKF after five years as principal with Avison Young and a decade at Grubb and Ellis (prior to its merger with NGKF). Previously, he held leadership and senior management roles with Morgan Realty Advisors, the real estate brokerage division of Credit Suisse First Boston, a leading commercial real estate firm in Atlanta and the Coca-Cola Company. He is a life member of the Million Dollar Club with multiple Phoenix and Top Producer awards to his credit.
Morgan earned his undergraduate degree from the Georgia Institute of Technology, where he played football for two seasons.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.