10:55 AM
Newmark Grubb Knight Frank (NGKF) has promoted four top-producing executives in the Greater Philadelphia region.
Neil Brazitis, now a managing director, has spent the last seven years providing strategic real estate advisory services to both tenant and landlords in the greater Philadelphia region, where he has been involved in over 1.3 million square feet of commercial transactions. Neil has recently been honored with a Rising Star award presented by NGKF due to his accelerated success in 2014 where he closed over 30 transactions totaling more than 300,000 square feet.
Matt Guerrieri, promoted to managing director, began his commercial real estate career over fourteen years ago. His primary focus is spent on offering value-added real estate services that meet the tenant’s ever-changing needs in the Philadelphia Central Business District. NGKF recently awarded Matt with the 2014 Rising Star award for his continued success and amazing year. His total consideration of closed transactions for 2014 exceeded $115.5 million.
Timothy Pennington, promoted to director, has spent the past six years focusing on the industrial market in eastern Pennsylvania where he specializes in all facets of the market including tenant representation, landlord representation, lease negotiation and property sales. Tim had several notable successes in 2014 with a broad range of clients including Overstock.com in a long-term lease of a 187,286-square-foot building, Henkels & McCoy in a 38,000-square-foot facility lease, the purchase of a 73,605-square-foot facility for Azer Scientific, and a 25,000-square-foot building sale to Pro Team Collision.
Keith McClure, now an associate director in southern New Jersey, has spent the past few years providing comprehensive real estate services to his clients, creating cost-savings solutions that complement their individual business strategies. Keith’s successes this year have included the 50,695-square-foot lease renewal and expansion at 700 East Gate Drive, Mount Laurel, NJ, where he represented the tenant AnnieMac, a building sale of 15,600 square feet to RW Mallon, where he represented the buyer, a 6,800-square-foot building sale, where he represented the seller, West Berlin Equities, and a new 3,285-square-foot lease where he represented the tenant Patriot Consulting.
“I am extremely proud to be part of such a dynamic team of real estate professionals. They truly are the best in the region, which is evidenced by their continued success,” said Steve Cousart, executive vice president and managing director of NGKF.
NGKF also recently celebrated the success of its top producers for 2014, which includes Executive Managing Directors Jeffrey Mack, Sidney Smith, Douglas Simon, Anne Klein, Reid Blynn, James Mullarkey and Craig Scheuerle, Senior Managing Directors Kurt Montagano, Adam Shute and Taylor King, and, Director Matt Guerrieri.
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 12,000 professionals operate from more than 330 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/.