Newmark Grubb Knight Frank (NGKF) is adding to its rapidly growing Capital Markets division with the hiring of powerhouse West Coast investment sales brokers, including newly named West Coast President of NGKF Capital Markets, Kevin Shannon. Shannon and 14 capital markets professionals join NGKF in a major move that propels NGKF Capital Markets to the top of the ranks on the West Coast, including major gateway cities Los Angeles and Seattle, and further solidifies its leading national presence.
“Following our acquisition of Cornish & Carey and ARA, and the hire of top tier capital markets brokers in Boston, Baltimore, Southern California and throughout the country in 2015, we have become a market leader with premier talent throughout North America,” stated Barry Gosin, chief executive officer of NGKF. “The addition of Kevin Shannon and these top capital markets professionals will create a leading team on the West Coast, further solidifying NGKF as one of the strongest capital markets operations in the country.”
“Kevin Shannon has built an outstanding reputation as the top investment sales broker in the Western United States, and bringing him on board is a key milestone in our strategy to acquire the best talent in the nation,” added James D. Kuhn, president of NGKF. “With the addition of Kevin Shannon and the other all-star brokers on the West Coast, as well as Robert Griffin and our capital markets team in Boston, we now hold a top position in three of the top six gateway coastal cities for investors, including Boston, Los Angeles and Seattle.” Kuhn added, “NGKF has also brought on board professionals such as Curtis Palmer in multifamily and Pete Bethea in retail, permanently changing the landscape in capital markets on the West Coast.”
Robert Griffin, U.S. head of capital markets stated, “We look forward to working with Kevin and our growing NGKF Capital Markets team on the West Coast to continue to elevate the NGKF Capital Markets profile, as well as to lead the industry in capital markets transactions nationally.”
Shannon will lead NGKF Capital Markets’ West Coast operation, while continuing to manage deals throughout the region. He and the capital markets professionals will be based in NGKF’s El Segundo office, headed by Executive Vice President and Southern California Regional Managing Director Greg May. Since 1996, Shannon has sold and marketed more than $46 billion of office, industrial and retail properties. Whether for a single asset or a sophisticated, multimarket portfolio, institutional clients look to him as a trusted, senior advisor who brings unparalleled access to a comprehensive group of both domestic and global capital.
Shannon added, “I am thrilled to announce our arrival to the NGKF Capital Markets platform. Our team will continue to be a leading capital markets provider on the West Coast as NGKF continues to grow at an exciting pace nationally.”
Shannon will be joined by 14 investment sales professionals including Ken White who joins as an executive managing director bringing to NGKF more than 26 years of development and brokerage experience. Also in the El Segundo office, Rob Hannan joins NGKF Capital Markets as senior managing director specializing in the sale of investment properties for institutional clients in Los Angeles and Seattle. Rob participated in over $16 billion of investment property sales throughout the West Coast, and worked previously for both Kennedy Wilson and Douglas Emmett.
Paul Jones will be in the NGKF Newport Beach office in Orange County working with Blake Bokosky. Jones has been involved in sales over $9.5 billion in total consideration throughout his career primarily in Southern California and Arizona.
Additional professionals joining NGKF and Kevin Shannon include Managing Directors Brad Burton, Michael Moll, Laura Stumm, Michael Moore and Scott Schumacher and Director Blake Bokosky, along with multiple transaction service, financial analysis and marketing specialists.
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 12,800 professionals operate from more than 370 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.