1:30 PM
Justin Hodgdon and Drew Netherton have joined Newmark Grubb Knight Frank (NGKF) as senior managing directors focusing solely on tenant advisory services.
“We couldn’t be more pleased to have Justin and Drew join our Newport Beach office,” said Greg May, NGKF executive vice president, managing director. “They are well-regarded in the industry and bring a wealth of experience and relationships.”
Over the course of his 15-year career in commercial real estate, Mr. Hodgdon has led many high-profile assignments including site selection projects for Dignity Health, City National Bank, Partners FCU and University of La Verne, and advised on headquarters and critical site operations for major area employers such as Assurant, Tenet Healthcare and Credit Union Direct Lending. He earned his bachelor’s degree in public relations and business administration from Pepperdine University in Malibu, Calif.
Mr. Netherton has worked in the commercial real estate industry for 12 years, leading significant site selection assignments for companies such as Broadcom, CNI College and Telogis. He recently led high-profile headquarters projects for Valassis Communications and Avanir Pharmaceuticals. Mr. Netherton earned his bachelor of arts degree in psychology from the University of Southern California at Los Angeles.
The two come from DTZ, where they served as managing directors and co-founders of the Orange County office.
Mr. Netherton stated, “I’m excited to be a part of this dynamic organization and know that the strength and depth of the NGKF integrated platform will allow me to continue to provide best-in-class service for all my clients both locally and across the country.”
“My clients will benefit from the robust service offerings and the experienced talent base at NGKF here in Newport Beach and internationally,” said Mr. Hodgdon.
The NGKF Newport Beach office has seen a resurgence in activity of large users of office space. Recently, it represented MemorialCare in the county’s largest HQ acquisition of 2012, and Stearns Lending in its expansion. In addition, the Global Healthcare Services team has closed a significant number of investment sales of medical office buildings, and has seen a strong leasing environment in the medical office space. Continued growth in the healthcare related sector is anticipated throughout 2013 and into 2014.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, Newmark Grubb Knight Frank employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, Newmark Grubb Knight Frank’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, Newmark Grubb Knight Frank serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newmark Grubb Knight Frank is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.