New location to offer all business lines including commercial real estate, multihousing services
Newmark Grubb Knight Frank (NGKF) and ARA, A Newmark Company (ARA Newmark) are bolstering their regional operations by opening a newly-redesigned Class A space in SunTrust Plaza in Winter Park, Florida. The office will offer a full range of services within commercial real estate, including multihousing.
“We are excited to announce the establishment of this new office in the Orlando market,” said Brett Hunsaker, executive vice president and regional managing director. “With this location, we further expand our regional footprint and integrated services platform, including brokerage, capital markets and property management.”
Located at 400 South Park Avenue, SunTrust Plaza sits within historic downtown Winter Park, well-known for its tourist attractions and shopping destinations, and one of the most upscale areas of metro Orlando. Rollins College; a SunRail/Amtrak Station; and a lengthy stretch of boutiques, national retailers, restaurants and upscale hotels all lay within walking distance. The three-story office and retail environment spans over 80,000 square feet of space and includes an attached parking garage. It is fully leased with a strong tenant mix that includes SunTrust Bank, Starbucks, Restoration Hardware, Gap and Gap Kids.
“The new office positions our team for growth in a strategic location and highly-desired building owned by Rollins College,” said Jason Schrago, executive managing director and market leader for NGKF’s Orlando office.
“ARA Newmark is pleased to return to SunTrust Plaza, where we were located several years ago, and together with our commercial brokerage operation of NGKF,” said Kevin Judd, executive managing director and Orlando lead for ARA Newmark. “The location is ideal given the trajectory of our business, and we anticipate continued growth in 2017 and beyond.”
About ARA, A Newmark Company
ARA, A Newmark Company (ARA Newmark) is the largest full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, notes sales, seniors, student, manufactured housing and multihousing land. ARA Newmark comprises the country’s top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA Newmark’s unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of global resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in an annual production volume of more than $13.7 billion in real estate transactions in 2015. For detailed information on ARA Newmark’s extensive multihousing investment services, visit www.aranewmark.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank 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 http://www.bgcpartners.com/.
