Newmark Devencore, Canada’s largest corporate real estate advisor and brokerage representing corporate, industrial and retail space users, announced today that it has entered into a partnership with CITI Commercial in Calgary, whereby CITI Commercial will join Newmark Devencore, effective immediately. The partnership strengthens Newmark Devencore’s presence in the Calgary and Alberta commercial real estate markets, and provides CITI Commercial with tremendous growth opportunities as a part of Newmark’s extensive global network.
“We are very pleased to have entered into this partnership,” said Jean Laurin, President and CEO of Newmark Devencore. “They are an important player and have been very active in the Alberta market; they have also spearheaded major real estate negotiations and transactions in the energy, financial, technology and service sectors. Moreover, the company’s president, Agron Miloti, has been in the business for 26 years and has built the firm from the ground up. We are extremely impressed by his accomplishments, his vision, his determination and by the team he has developed. Together, we have a real opportunity to develop our service offering and client base across the country and indeed globally. Our goal is to become one of the top service providers in the world. We look forward to a very strong relationship where our clients will be the main beneficiaries.”
Established in 1999, Calgary-based CITI Commercial was an independent real estate company providing a complete range of commercial real estate services. It has extensive operations in the areas of leasing (office, retail, & industrial) and investment sales.
“We are delighted to be joining Newmark Devencore, which has built an unmatched reputation in Canada and around the world for providing best-in-class real estate services,” said Agron Miloti. “We share a strong commitment to tenant representation, and our objective is to accelerate our growth by leveraging Newmark Devencore’s leading market presence in all of the world’s major metropolitan centres.”
About Newmark Devencore
Devencore is the Canadian partner of Newmark, one of the largest independent real estate service firms in the world. Newmark Devencore is Canada’s largest corporate real estate advisor and brokerage exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com
Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank operate from over 220 offices in established and emerging property markets on six continents. With a combined staff of 7,300 and revenues last year exceeding $861 million, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.