NGKF Archives

40 Commercial real estate companies to watch in 2017

Arizona Center
by in AZRE Magazine

This year, experts still see Arizona as a hotspot for commercial real estate activity and development. While activity in other markets across the nation is starting to fizzle out, Arizona has yet to enter the ninth inning of the business cycle as a result of its slow and steady recovery following the recession. AZRE identifies… Read More →

NAIOP Arizona announces mentor program protégés

NAIOP Arizona
by in AZRE Magazine

The 2016-2017 NAIOP Arizona Developing Leaders Mentor Program protégés have been announced, and the 16 young professionals come from all corners of the Valley’s commercial real estate industry. Each protégé was selected to participate in the year-long program in which they will attend educational seminars and complete a full scale development project by the end… Read More →

Presson Corp buys Jackson Street industrial property

Presson Corp
by in AZRE Magazine | Brokerage | Industrial

Newmark Grubb Knight Frank (NGKF), announced the sale of Jackson Street Industrial by Tiernay Properties Inc., a 307,164 square-foot industrial property located on four city blocks in central Phoenix. Built in the 1920s, the property was originally home to the Arizona Compress and Warehouse Co. building. Located at 1245-1555 E. Jackson St., the warehouse was built… Read More →

NGKF awarded listing assignment for future Westgate healthcare campus

Newmark Grubb Knight Frank ( has been awarded the exclusive listing assignment for a comprehensive health care campus located off the Loop 101 freeway on the northwest corner of 99th and Glendale avenues in Glendale, Arizona, next to St. Joseph’s Westgate Medical Center. NGKF’s Global Healthcare Services group will represent the developer, 101 West Healthcare… Read More →

Madison Square complex sells in downtown Phoenix

Newmark Grubb Knight Frank has negotiated the sale of Madison Square, a 177,312-square-foot, two-building office complex located at 5343-5353 N. 16th St. in Phoenix. Chris Krewson, Mike Garlick and Michael McQuaid, senior managing directors in the NGKF Phoenix office, represented both the buyer and the seller in the off-market transaction, and secured the exclusive marketing… Read More →

GDC/RE founders move retail team to NGKF

GDC/RE founders Joe Doucett and Tim Gunnink are bringing their team of retail specialists to Newmark Grubb Knight Frank‘s (NGKF) Phoenix office, where the number of real estate professionals has grown fourfold in the past two years. With nearly 25 years of real estate experience between them, Doucett and Gunnink will join the retail division of… Read More →

Bella View Apartments sell for $12.5M

Newmark Grubb Knight Frank (NGKF) negotiated the $12.5 million sale of the Bella View Apartments located at 2912 E. Indian School Rd , in Phoenix. The property, a 355 unit Class B apartment complex, was built in 1979 and sits on approximately 7.92 acres. Karl Abert, Managing Director with NGKF’s Phoenix office represented the seller,… Read More →

Newmark Grubb Knight Frank completes $1.8M industrial sale

by in AZRE Magazine | Brokerage

Newmark Grubb Knight Frank (NGKF) negotiated the $1.8 million sale of 4250 E. Broadway Rd., a 38KSF Industrial building, in Phoenix. Rob Stephens, Managing Director and Tricia Gumulka, Associate Director with NGKF’s Phoenix office represented the seller, Sorenson Group Management. The buyer, Forever Nutraceuticals, a worldwide distributor of vitamins was represented by Ken McQueen at… Read More →

NGKF Completes $1.9M Sale of Bell & Tatum Professional Plaza

by in Brokerage

Newmark Grubb Knight Frank is pleased to announce the sale of the 32,009 square-foot medical office building located at 4921 E. Bell Rd in Scottsdale, AZ Managing Directors Sheila Bale and Geoffrey Waldrom and Associate Ryan O’Connor all with Newmark Grubb Knight Franks’ Phoenix office, represented the seller, FLIC Properties, LLC.  The buyer, a healthcare… Read More →

Newmark Grubb Knight Frank Sells Pine Ridge Apartments

by in Brokerage | Business News

Newmark Grubb Knight Frank completed the sale of the 301 unit Pine Ridge Apartments located at 2627 N. 45th Ave. in Phoenix. Karl Abert, Managing Director with Newmark Grubb Knight Franks’ Phoenix office, represented the seller, Lili Rubin Investment Properties, LLC.   The buyer, Community Enhancement Group of Denver, CO represented themselves.  The property was financed… Read More →