Newmark Grubb Knight Frank (NGKF) today announced the hiring of industry veteran, Luke Allen to its Atlanta office. Allen will serve as managing director serving clients in both the Atlanta and Mid-Atlantic region.
“Having collaborated with Allen out of our Mid-Atlantic offices in the past, we are thrilled to be adding him to our tenant representation team,” said Brett Hunsaker, executive vice president and regional managing director of NGKF in the Southeast and Mid-Atlantic regions. “Allen’s track record in the Baltimore area speaks for itself. Between his tenant representation expertise, and his familiarity with our organization, we expect this will be a seamless transition.”
Allen will be based out of the Atlanta office; his hiring comes at an opportunistic time in the Atlanta Office Market. According to a recent research study published by NGKF, the vacancy rate in Atlanta has dropped to its lowest mark in the last five years as asking rental rates have simultaneously continued to rise. “With the firm’s emphasis on growth and tenant representation services, it was an ideal move,” said Allen, “I was attracted by NGKF’s entrepreneurial and collaborative culture. I look forward to continuing to build on the momentum felt throughout NGKF.”
Allen previously served as vice president of Occupier’s Services at Cushman & Wakefield, where he was responsible for developing portfolio strategies for a multitude of middle-market corporate clients. His past experience on both sides of negotiation table gives Allen unique insight when assisting tenants in their search for office space.
Allen graduated from the University of Maryland with a Bachelor’s degree in Political Science and U.S. History. He currently serves as an advisor for the Boys & Girls Club of Georgia and is also a leading member of the Sinai Hospital Annual Gala Committee.
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/.