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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