Newmark Grubb Knight Frank (NGKF) has announced the addition of office brokers Eric Lastition and Geoff Ludwig, who join as executive managing directors in the firm’s El Segundo office.
Lastition and Ludwig bring 27 years and 19 years of brokerage experience respectively to their new roles, having most recently led the office division of Colliers Greater Los Angeles. The team is focused on landlord and tenant representation as well as small building sales.
“Eric and Geoff are an outstanding office team with extensive market experience and relationships as well as demonstrated industry leadership. They will be tremendous assets to our El Segundo team as we continue to grow, especially in this fast-moving South Bay market,” said Greg May, regional managing director, NGKF.
“NGKF is in an exciting expansion period and this move is advantageous to our client base. We’ll be able to better leverage the resources and talent of NGKF and the NGKF Capital Markets team. This represents a strong next step for Geoff and I to further elevate our game. We look forward to being part of this organization,” said Lastition.
Lastition joined Colliers International in 1990. Since that time he has amassed a strong track record specializing in office leasing and sales, working with landlords and tenants throughout the South Bay market. He has closed more than 2,200 transactions with local, regional, and national clientele, averaging annual lease and sales consideration of more than $400 million over the last five years. His office, retail, industrial and investment sales along with extensive tenant representation, have earned him top office broker recognition in the Los Angeles region.
Ludwig joined Colliers International in March 1998. His specialization encompasses landlord and tenant office leasing representation, developer consultation, and investment and user sales. Throughout his career, he completed lease and sale transactions with a total consideration of more than $1 billion, having closed more than 1,700 transactions with local, regional, and national clients.
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 www.bgcpartners.com.