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Newmark Knight Frank

Newmark — formerly known as Newmark Knight Frank — is one of the world’s top commercial real estate services firms and brokerages.

The firm was founded in 1929 in Manhattan as Newmark & Company. In 1952, employee Aaron Gural and partners bought Newmark and started picking up properties around the borough, starting with 230 Fifth Avenue.

Gural’s son, Jeffery Gural, teamed up with Barry Gosin, Newmark’s chief executive as of early 2021, in 1978 and bought the company. The pair went on a buying spree around the borough — including picking up the famed Flatiron Building — and grew the company’s portfolio to more than 8 million square feet. (Gural later separated the landlord side of the business into GFP Real Estate in 2017, while Gosin remains focused on the brokerage end.)

In 2006, Newmark — also known as Newmark & Company — formed a partnership with London-based brokerage Knight Frank and became Newmark Knight Frank. With Gosin leading the efforts, Manhattan-based BGC Partners acquired Newmark Knight Frank in 2011, but it spun off from BGC in 2018. Newmark Knight Frank went public that same year.

The firm and its precursors have acquired more than 50 companies since 2011 — including the retail powerhouse RKF — and ditched the Knight Frank portion of its name in 2020 to become, simply, Newmark Group, or Newmark for short.

Employees stock the produce section at a newly opened Amazon Fresh store in California in October 2020.
Sales  ·  Commercial
Los Angeles

Amazon Fresh Store Trades for $35M in LA’s Westside

By Greg Cornfield
Premium
The campus is at 2945 Townsgate Road.
Sales
Los Angeles

Invesco Unloads Westlake Village Office for $81M

By Greg Cornfield
Premium
RXR prebuilt design
New York City

Safety + Flexibility = Sustainable Workplaces

Presented By RXR Realty
The Berkeley at Waypointe and Quincy Lofts.
Finance  ·  Acquisition
Connecticut

Invictus Locks in $56M Loan to Acquire Connecticut Rental Development

By Mack Burke
Premium
The mixed-use complex includes 355,000 square feet of office space, and 16,500 square feet of studio and production space — all leased to Netflix.
Features
National

Sunday Summary: Hooray for Hollywood!

By The Editors
Premium
A rendering of Standard Assembly.
Finance  ·  Construction
Tennessee

Trio Nabs $47M Life Company Construction Loan on Nashville Multifamily Project

By Mack Burke
Premium
DrinkPAK signed a seven-year lease for a 172,324-square-foot building at The Center at Needham Ranch in Santa Clarita.
Leases  ·  Industrial
Los Angeles

Beverage-Maker DrinkPAK Signs 172K SF Warehouse in L.A. County Industrial Park

By Greg Cornfield
Premium
8700 Ritchie Drive
Sales  ·  Commercial
Washington DC

Newmark Facilitates $12M Industrial Sale in Tightening D.C. Suburb

By Keith Loria
Premium
A rendering of full Two Trees Managment's Domino Sugar development site.
Leases  ·  Office
New York City

Two Trees’ Brooklyn Leasing Spree Showcases Borough’s Office Market Activity

By Nicholas Rizzi
Premium
Clockwise from top left: Anar Chudgar, Daniel Evans, Dave Karson, Brian Ward, Joel Traut and Katie Keenan.
Finance
New York City

Capital Ideas: CO Finance Forum Draws Expert Takes on Opportunities Amid COVID

By Mack Burke
Premium
Clockwise from top left: Nick Franklin, Stephen Stein, John Ollen and Mike Huth.
Industry
Los Angeles

SoCal Industry Roundup: Cain Intl. Taps Ex-Disney Exec Nick Franklin

By Greg Cornfield
Premium
The 6.5-acre property is located at 12744 San Fernando Road in the neighborhood of Sylmar in the San Fernando Valley.
Sales
Los Angeles

Rexford Buys LA Industrial Park from Oaktree Capital, Intertex

By Greg Cornfield
Premium
6200-6250 Old Dobbin Lane
Sales  ·  Commercial
Washington DC

Maryland Office Park Commands $31M

By Keith Loria
Premium
The 29,735-square-foot building is at 139 South Beverly Drive near the famed Rodeo Drive shopping district.
Sales
Los Angeles

Hakim Picks Up 30K SF Mixed-Use Office for $36M in Beverly Hills

By Greg Cornfield
Premium
Thompson Coburn will occupy the entire fifth floor at 10100 Santa Monica Boulevard, a 26-story tower with 640,095 square feet of space.
Leases  ·  Office
Century City

Thompson Coburn Signs 25K SF Lease on LA’s Westside

By Greg Cornfield
Premium
33 East 33rd Street
Leases  ·  Office
New York City

VideoAmp Moving to 13K SF at 33 East 33rd Street

By Nicholas Rizzi
Premium
The Factory LIC.
Finance  ·  Refinance
New York City

Credit Suisse Provides $300M Refi on The Factory Building in LIC

By Mack Burke
Premium
The Pacific Gateway office is 84 percent leased, with tenants including DaVita HealthCare Partners and Farmers Insurance.
Sales
Los Angeles

Nome Ventures Takes 10-Story Office From Blackstone for $56M

By Greg Cornfield
Premium

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July 28th 2020 Magazine Issue Cover
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