Jacksonville, Fla. (March 2, 2017) — Newmark Grubb Phoenix Realty Group’s (NGPRG) First Vice President Dan Stover, Senior Vice President/Principal Bryan Bartlett and President/Principal John Richardson represented the Landlord, REAL CAPITAL SOLUTIONS, in a new 400,928 square foot lease located at the Northport Logistics Center, 11530 New Berlin Road, Jacksonville, Fla. The Tenant, Grimes Logistics Services, Inc., will utilize the space for warehouse storage and distribution.
Newmark Grubb Phoenix Realty Group represents REAL CAPITAL SOLUTIONS, the Colorado-based investment manager, exclusively for all leasing activity on their North Florida assets. Previously known as the largest contiguous industrial facility in Jacksonville, the Northport Logistics Center has a balance of 471,699 SF that the NGPRG team is actively seeking to lease.
About Newmark Grubb Phoenix Realty Group
Newmark Grubb Phoenix Realty Group is a full-service commercial real estate company serving Northeast Florida and Southeast Georgia. The firm has completed more than 100 million square feet of transactions since its inception in 1993. Today, Newmark Grubb Phoenix Realty Group provides industrial, office, retail and investment brokerage services representing tenants, buyers, landlords and sellers, as well as third-party and institutional investors of every size. Through Newmark Grubb Knight Frank, one of the world’s leading commercial real estate advisory firms, our clients have access to opportunities in every major market throughout the country, as well as across the globe. For further information, visit www.phoenixrealty.net or call 904.399.5222.
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 estatetenants, 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/.