Newmark Grubb Phoenix Realty Group Represents REAL CAPITAL SOLUTIONS in 400,928 SF Industrial Lease

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/.

Newmark Grubb Phoenix Realty Group Brokers Sale of 588,000 Sq. Ft. Warehouse in Jacksonville, Fla.

Jacksonville, Fla. (July 7, 2016) — Newmark Grubb Phoenix Realty Group (NGPRG) recently completed a $10.5 million sale of a 588,000 square foot industrial facility located at 5245 Commonwealth Avenue, in Jacksonville, Fla.

Tower Investments, LLC of Woodland, Calif., purchased the building from FT-WD Property LLC. Formed in 1989, Tower Investments, LLC is a real estate investment and development company that invests its own capital and self-manages a diverse portfolio of real estate and debt instruments secured by real estate throughout the United States.

FT-WD Property LLC was represented by John Richardson, President/Principal and Bryan Bartlett, Senior Vice President/Principal with NGPRG.

NGPRG has been the exclusive leasing team on the property for over 10 years, which involved deals with past tenants Michaels Stores, Jefferson Smurfit and Dupuy Silo over the years.

Located on Jacksonville’s Westside, in the largest industrial submarket, the multi-tenant manufacturing and warehouse distribution facility is situated on approximately 28 acres of land.  The property is 100% leased to two tenants, Fanatics and Dickinson Fleet Services.

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 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/.


Rob Whitmire Joins Newmark Grubb Phoenix Realty Group as Senior Vice President

Rob Whitmire - Portrait WebJacksonville, Fla. (February 25, 2016) — Rob Whitmire has joined Newmark Grubb Phoenix Realty Group (NGPRG) as Senior Vice President with a primary focus on specializing in retail investment sales representing institutional buyers, high net worth individuals and private investment companies.

Prior to joining Newmark Grubb Phoenix Realty Group, Mr. Whitmire was a Partner and Senior Vice President with Bull Realty in Atlanta, Georgia. During his 13-year career, he’s closed in excess of $200 million in commercial real estate transactions. Licensed as a real estate broker in Florida, Georgia, Tennessee, North Carolina and South Carolina, Rob enjoys connecting clients to properties that enhance their real estate portfolios. During his career, he has brokered a diverse set of transactions, including the disposition of an aircraft hangar, a marina, golf courses, 6,000 acres of desert land, a copper mine, a beachside bed & breakfast, abandoned subdivisions, as well as retail, office, industrial and multi-family assets.

Rob earned a Master of Business Administration from Emory University and is an active member of the International Council of Shopping Centers (ICSC) and NAIOP. He was named as one of Atlanta’s Top 10 Producers by the Atlanta Commercial Board of Realtors in 2010 & 2011 and was consistently on the Top 5 producers list at Bull Realty.

“We are excited to have Rob join us from Atlanta,” said Jim Sebesta, Principal and CEO of NGPRG’s Jacksonville office. “His diverse experience will serve as a new resource for our clients interested in augmenting their current portfolios or navigating asset disposition.”

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 80 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 12,000 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/.

 

RP Funding building out in Baymeadows

By Karen Brune Mathis, Managing Editor, Daily Record

At least $400,000 SH-RP-Fundingin renovations are proposed at the Prominence office park in Baymeadows for RP Funding, which intends to open a servicing center that will expand to 150-175 employees.

CFO Jon Woods said RP Funding expects a further $100,000 investment in furniture and equipment. He anticipates a mid-May opening.

Scott Henley of Newmark Grubb Phoenix Realty Group represented RP Funding in the lease negotiations. Woods said Jesse Shimp of JLL represented Crocker Partners, who is the landlord at Prominence.

Read the story in its entirety HERE


Newmark Grubb Phoenix Realty Group Represents FIDELITONE in 48,000 SF Lease

Dan Stover - Portrait - WebJacksonville, Fla. (February 24, 2016) — Newmark Grubb Phoenix Realty Group’s (NGPRG) First Vice President Dan Stover represented FIDELITONE in a new 48,000 square foot lease located at 7022 AC Skinner Parkway, Jacksonville, Fla. Dan Santinga of Lingerfelt Commonwealth Partners represented the landlord. FIDELITONE will utilize the space for warehouse storage and distribution.

Mr. Stover has a longstanding relationship with FIDELITONE and previously represented the company in negotiations for their initial lease and renewal at their current location. FIDELITONE will be relocating to the property at AC Skinner Parkway from a nearby 22,000 square foot facility, more than doubling their footprint. With a growing demand for white glove delivery services for large, high-end goods to homes and business, the new location is strategically located to provide last-mile delivery to NE Florida and SE Georgia while allowing the company to accommodate future client growth.

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 80 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 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/.

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