Newmark Grubb Knight Frank (NGKF) has grown its Fairfield County, Conn. and Westchester County, N.Y., operations with the addition of three industry leading professionals who bring expertise in key submarkets and industries. NGKF is pleased to welcome Jacqueline Durels as senior managing director, and Tim Rorick and Jodie LaRocque as managing directors.
“We continue to grow our presence in the greater metropolitan N.Y. region by strategically hiring experienced brokers with a track record of success in targeted markets or niche industry areas,” said NGKF Executive Vice President and Managing Director James Ritman. “Jackie and Tim are a great team with extensive relationships with corporate, retail, and medical and healthcare tenants in the Norwalk, Wilton, Darien, Greenwich, Westport and Stamford submarkets. Jodie has experience on both sides, working for corporations and commercial real estate advisory firms. She has a unique perspective and insight into how to best serve a company’s growth needs.”
Ms. Durels comes to NGKF from Colliers. During her career, she has completed over 100 transactions with an aggregate value in excess of $480 million. Representative tenant advisory transactions include Blyth Inc., Richman Group, and Greenwich Associates, all 30,000-square-foot leases in Greenwich; FMAC (Imperial Bank) in its 20,000-square-foot Greenwich lease; and Taiyo Yuden in several transactions across the country. Equally versed in landlord representation, Ms. Durels brings several agency assignments with her to NGKF, including 50 Locust Avenue (42,143 square feet) in New Canaan, owned by NC Land Company; and the 110,000 -square-foot boutique complex known as The Mill, located in western Greenwich and owned by Mill Management. She represented BPG Properties and secured the buyer in the $38.5 million sale of 1010 Washington Boulevard to SL Green Realty. Most recently, Ms. Durels represented Concept Capital in its 7,500-square-foot lease in Greenwich; Centerview Partners LLC in its 7,000-square-foot lease in Greenwich, and negotiated deals with Talek Investments, Portico Capital and Paw Partners totaling over 20,000 square feet.
Mr. Rorick previously served as senior managing director at Colliers in Stamford. He has negotiated over 100 transactions valued in excess of $100 million in various industries. These successes include the 52,000-square-foot Stamford Hospital lease at 1351 Washington Boulevard, several Fairfield County transactions for ADP totaling more than 35,000 square feet, and the 10,000-square-foot lease for Southpaw Asset Management at 2 Greenwich Office Park in Greenwich. Mr. Rorick also showcased his professional flexibility in the disposition of Cigna’s 56,000-square-foot sublease in Tarrytown, N.Y. He also brings experience in landlord representation. Subsequent to joining NGKF, Normandy Real Estate Partners awarded Mr. Rorick the exclusive leasing agency assignment for Darien Green, a two-building, 114,000-square-foot property in Darien.
“I’m thrilled to join NGKF, which is well-known in this market for its reputation of excellence and professionalism,” said Ms. Durels. “The executives are laser-focused on customer satisfaction and widely respected, and NGKF’s platform and resources afford me the opportunity to give the highest-quality delivery to my clients.”
“NGKF’s quickly growing office is a testament to the quality services they offer day in and day out to the area’s landlords and tenants,” added Mr. Rorick. “I look forward to working with such a class-act of experienced professionals who provide the best possible opportunities for their clients.”
Ms. LaRocque previously served as vice president at Barclays Capital (formerly Lehman Brothers), where she managed leasing transactions for the company’s New York headquarters and its more than three-million-square-foot U.S. portfolio. Before that, she held the role of vice president and northeast region portfolio manager at Bank of America where she oversaw a 10-million-square-foot portfolio, including over 3,000 retail locations, and the construction of the company’s headquarters at One Bryant Park in Manhattan. She also worked in corporate services at GVA Williams and Cushman & Wakefield.
“I very much look forward to being a part of the Greenwich team and our rapidly growing office,” said Ms. LaRocque. “I was drawn to NGKF as I felt the company differentiated itself in the marketplace compared to our competition. The opportunity to mesh my corporate experience within the financial services industry with BGC’s and NGKF’s deep-rooted relationships in this sector and the corporate services arena is very exciting.”
The additions further strengthen NGKF Westchester/Fairfield office’s established record of representing some of the most prominent landlords in the region, including Building Land & Technology for a total of 1.4 million square feet in Stamford, Conn., at BLT Financial Centre, 260/292 Long Ridge Road and the proposed Gateway Harbor Point, George Comfort & Sons’ four-building, 676,000-square-foot Centre at Purchase and RPW Group for 1.9 million square feet in Westchester County, and RXR Realty for a total of 1.1 million square feet in both counties.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, Newmark Grubb Knight Frank 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, Newmark Grubb Knight Frank’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, Newmark Grubb Knight Frank serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newmark Grubb Knight Frank 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.