Newmark Grubb Knight Frank (NGKF) has promoted four executives in the “Always Sunny” greater Philadelphia region. Executives Anne Klein and Michael Maloney also will be feted as 2014 Heavy Hitters of Real Estate by Philadelphia Business Journal at its July 17 reception.
Anne Klein, now an executive managing director, is a 28-year industry veteran in southern New Jersey. Based in Marlton, N.J., she has negotiated 12 million square feet in transactions throughout her career, with a total value of over $500 million. Among her 2013 highlights: a headquarters expansion for Marlin Business Services in Mount Laurel, N.J.; national leasing for Mount Laurel-based Hill International; and successful leasing campaigns on behalf of owners such as Time Equities, Bergman Real Estate, Madison Capital, Fortress Investment Group, and NJ Portfolio LLC.
In Wayne, Pa.:
Michael Maloney, now a managing director, has been advising tenants and landlords in leasing, acquisitions and dispositions within the suburban Philadelphia market for nearly six years. The local office presented him with the “Young Leaders” award in 2013 and the “Rising Star” award in 2012. Deal highlights in 2013 include a renewal for The John Templeton Foundation in Conshohocken, Pa., and a new headquarters lease for ePharmaSolutions in Plymouth Meeting, Pa., involving a relocation and expansion.
Patrick Nowlan, promoted to director, is a landlord and tenant representative with eight years experience in Eastern Pennsylvania’s Bucks, Montgomery and Delaware counties. In addition to local transactions for clients such as RREEF (at the Wellness Center) and owner The Provco Group (at Villanova Center), Mr. Nowlan expanded client kgb USA into Memphis, Tenn., and McLeansville, N.C., with new call center locations in 2013.
Timothy Pennington, promoted to associate director, has focused on the industrial market in eastern Pennsylvania for five years, covering leasing and sales for tenants and landlords. In 2013, Mr. Pennington’s transactions included the sale of two properties totaling over 700,000 square feet on Route 487 in Paxinos, Pa., on behalf of Fleetwood Liquidating Trust, and two new warehouse locations for PVH Corporation in Reading, Pa.
“The success of our five regional NGKF offices can be attributed to the tireless endeavors of such individuals who continually perform at the highest level on behalf of our clients. I am honored to announce these additional promotions and look forward to an even brighter road ahead for Anne, Michael, Patrick and Tim,” commented Bob Clements, executive vice president and managing director of NGKF’s Philadelphia region.
Referencing Executive Managing Director Jeff Tertel, a LEED AP who was one of seven promoted in late 2013, Mr. Clements added, “Jeff was named to Philadelphia Business Journal’s 40 Under 40 in 2014. He and others continue to thrive since we’ve grown and expanded our service platform as part of well-capitalized BGC Partners.”
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 12,000 professionals operate from more than 320 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. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.