8:30 AM
Newmark Grubb Knight Frank (NGKF) has announced the addition of 27-year industry veteran Bret Hardy to the role of executive managing director. Hardy joins NGKF Capital Markets where he will play a major role in building a best-in-class institutional industrial investment sales platform as part of the West Coast Capital Markets team, under the direction of President, West Coast Capital Markets Kevin Shannon.
Hardy joins NGKF Capital Markets from Colliers International where he was co-leader and managing director, investment services group - western region. Hardy joined Colliers in 2001 as executive managing director and leader of Colliers’ corporate finance practice. Since 2008, he has concentrated on institutional industrial investment sales, amassing a transaction volume in excess of $5.8 billion and serving as lead broker on eight multi-state/national single-tenant portfolio dispositions.
“Bret will be instrumental in further building our team’s industrial investment platform. The caliber of the capital markets talent that NGKF has assembled on the West Coast in the last five quarters is amazing and we aren’t done by any means,” said Shannon.
“This is an incredible machine developed by Shannon and NGKF,” added Hardy. “It’s exciting to join a company that has made capital markets a priority because our clients then benefit from the vast knowledge and resources of this West Coast team.”
Hardy’s background includes roles with Irvine Company where he was controller for the office and industrial divisions. He started his career with PricewaterhouseCoopers and still holds a CPA designation. Hardy received his bachelor’s degree from USC.
“We are committed to being a leader in Southern California and on the West Coast. Bret has decades of experience in handling sophisticated finance vehicles. I look forward to his insight in this sector at a time when the industrial market is evolving,” said NGKF Regional Managing Director Greg May.
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.