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Press Contact:

Liana Moran
T 770.905.9915
lmoran@thewilbertgroup.com

FOR IMMEDIATE RELEASE

Newmark Knight Frank Inks 63,000-Square-Foot


Headquarters Relocation Deal in Coral Gables, Florida
BAC Florida Bank will anchor the South Tower of The Plaza at Coral
Gables

Miami, FL (July 22, 2019) — Newmark Knight Frank (NKF) announced


today it brokered a 63,000-square-foot headquarters relocation deal for
BAC Florida Bank in Coral Gables, Florida’s business district. BAC Florida
Bank signed a long-term lease at The Plaza in Coral Gables, an upscale
mixed-use development currently under construction. Beginning in 2022,
the company will occupy the top three floors of the project’s South
Tower.

NKF Vice Chairman Patrick Duffy and Director Clay Sidner represented
BAC Florida Bank in the transaction. Blanca Commercial Real Estate CEO
Tere Blanca, Vice Chairman Danet Linares and Executive Vice President
Andres Del Corral represented the landlord, Agave Holdings.

“BAC Florida’s move to the modern development at The Plaza reflects


our commitment to continue to grow and to serve our clients’ needs in a
workspace that supports our day-to-day business activities,” stated Julio
Rojas, Chief Executive Officer of BAC Florida Bank. “The Plaza in Coral
Gables is a superb location and we are grateful for the expertise provided
by Newmark Knight Frank to secure the space. BAC Florida looks
forward to celebrating the 50-year anniversary of our founding in The
Plaza.”

Located at 3011 Ponce de Leon Boulevard, The Plaza at Coral Gables


consists of two Class A office towers totaling 447,675 square feet; a 4.5-
star, 242-room hotel with meeting space; 161,000 square feet of carefully
curated restaurants, entertainment and lifestyle retail; and residential
townhomes and apartments. The seven-acre community is expected to
deliver in 2021.

“The Plaza’s premier location and luxury amenity set were significant
factors in BAC Florida Bank’s decision to relocate its Coral Gables
headquarters,” said Duffy. “The walkable, mixed-use community fits
within our client’s long-term strategy to elevate its workplace
environment and attract and retain top talent.”
Newmark Knight Frank Inks 63,000-Square-
Foot Headquarters Relocation in Coral
Gables, Florida
Page 2

The Plaza at Coral Gables is the first large mixed-use development in the
City of Coral Gables. According to NKF’s Q2 office report, the Coral
Gables submarket is strong and active. In the last quarter, two of the
largest building transactions occurred in the area, totaling more than
$113 million and 308,495 square feet. In addition, The Plaza represents
the largest new construction project in Coral Gables since the city’s
inception in the 1900s.

About Newmark Knight Frank


Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc.
("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and
most trusted commercial real estate advisory firms, offering a complete
suite of services and products for both owners and occupiers. Together
with London-based partner Knight Frank and independently-owned
offices, NKF's 16,000 professionals operate from approximately 430
offices on six continents. NKF’s investor/owner services and products
include investment sales, agency leasing, property management,
valuation and advisory, diligence, underwriting, government-sponsored
enterprise lending, loan servicing, debt and structured finance and loan
sales. Occupier services and products include tenant representation, real
estate management technology systems, workplace and occupancy
strategy, global corporate services consulting, project management,
lease administration and facilities management. For further information,
visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group


Statements in this document regarding Newmark Group that are not
historical facts are "forward-looking statements" that involve risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements. Except as required by law,
Newmark Group undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see Newmark Group's Securities and Exchange
Commission filings, including, but not limited to, any updates to such risk
factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

###
Newmark Knight Frank Inks 63,000-Square-
Foot Headquarters Relocation in Coral
Gables, Florida
Page 3
Press Contact:
Liana Moran
T 770.905.9915
lmoran@thewilbertgroup.com

FOR IMMEDIATE RELEASE

Newmark Knight Frank Sells Four Alabama-Based Shopping


Centers for More Than $13 Million

Atlanta, GA (Feb. 11, 2019) — Newmark Knight Frank (NKF) announced


today the sale of four North Alabama shopping centers that are expected
to benefit from a surge in jobs and population growth in the surrounding
area. The four deals, Highway 53 Centre, Hazel Green Shoppes, Hazel
Green Centre and Hartselle 31 Centre are valued at more than $13 million
and encompass 84,616 square feet of premium retail space.

NKF Senior Managing Directors Drew Fleming and Mark Joines, along
with Associate Henry Kushner, represented the seller Ming Enterprises in
all four transactions. Ming Enterprises, a commercial real estate
development and brokerage company based in Athens, AL, is operated
by father and son team, Bill and William Ming.

The transactions reflect a bullish outlook by investors for the Huntsville,


Alabama metropolitan area, which was recently named one of the fastest
growing metro areas in the nation. In the last year alone, several
economic development projects were unveiled across the region that
represent more than 6,000 new jobs and $4.1 billion in growth. Major
employers expanding or relocating in metro Huntsville include Mazda-
Toyota Manufacturing, Facebook, Google, GE Aviation and Aerojet
Rocketdyne.

“The successful disposition of these four properties exemplifies the


investor appetite for e-commerce resistant, un-anchored strip shopping
centers located within markets that exhibit strong demographics and job
growth,” said Fleming. “Strip centers have become a top choice for
private capital seeking both yield and stability, and we anticipate healthy
growth across this entire retail portfolio as North Alabama’s economy
continues to expand and flourish.”

Ming Enterprises sold the 43,000-square-foot Highway 53 Centre to a


private buyer. The center is 100 percent leased to tenants Edward Jones,
ALFA Insurance, ABC Liquor and other service-oriented uses. Highway 53
Centre is located at 3750-3760 AL-53 in Huntsville, Alabama and is
conveniently positioned at the high traffic intersection of Highway 53 and
Research Park Boulevard. The area boasts a combined traffic count
Newmark Knight Frank Sells Four Alabama-Based
Shopping Centers for More Than $13 Million
Page 2

totaling more than 40,000 cars per day, and is a major thoroughfare for
commuters who work at Redstone Arsenal and Research Park.

In Hazel Green, Alabama, a suburb of Huntsville, Ming Enterprises sold


the 30,500 square-foot Hazel Green Shoppes and the 6,212-square-foot
Hazel Green Centre.

Hazel Green Shoppes was completed in 2017 and is located at 14739


US-231. The shopping center is currently 100 percent leased to anchor
tenants Dollar Tree, Hibbett Sports and Verizon Wireless and is also
located across the street from a Walmart Supercenter.

Hazel Green Centre was completed in 2015 and is located at 14621 US-
231. The shopping center is 100 percent leased to tenants Arby’s, AT&T,
Great Clips and Papa Murphy’s pizza. In addition, Hazel Green Centre is
located within the same parcel as the Walmart Supercenter.

In Hartselle, Alabama, Ming Enterprises sold the 4,904-square-foot


Hartselle 31 Centre. The shopping center was built in 2017 and is 100
percent leased to Arby’s, Great Clips and Papa Murphy’s pizza. Hartselle
31 Centre is strategically positioned in the area’s major traffic artery of
US-31 which sees more than 20,000 vehicles per day.

About Newmark Knight Frank


Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc.
("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and
most trusted commercial real estate advisory firms, offering a complete
suite of services and products for both owners and occupiers. Together
with London-based partner Knight Frank and independently-owned
offices, NKF's 16,000 professionals operate from approximately 430
offices on six continents. NKF’s investor/owner services and products
include investment sales, agency leasing, property management,
valuation and advisory, diligence, underwriting, government-sponsored
enterprise lending, loan servicing, debt and structured finance and loan
sales. Occupier services and products include tenant representation, real
estate management technology systems, workplace and occupancy
strategy, global corporate services consulting, project management,
lease administration and facilities management. For further information,
visit www.ngkf.com.
Newmark Knight Frank Sells Four Alabama-Based
Shopping Centers for More Than $13 Million
Page 3

Discussion of Forward-Looking Statements about Newmark Group


Statements in this document regarding Newmark Group that are not
historical facts are "forward-looking statements" that involve risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements. Except as required by law,
Newmark Group undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see Newmark Group's Securities and Exchange
Commission filings, including, but not limited to, any updates to such risk
factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

###
Press Contact:
Liana Moran
T 770.905.9915
lmoran@thewilbertgroup.com

FOR IMMEDIATE RELEASE

Newmark Knight Frank Inks 2,050-Square-Foot Lease with


First-to-Market Concept LemonShark Poke

Atlanta, GA (April 16, 2019) — Newmark Knight Frank (NKF) announced


today that it brokered a 2,050-square-foot lease with LemonShark Poke
at The Bishop, a new mixed-use development adjacent to Palisades
office park in Sandy Springs. Known for its Hawaiian-style cuisine, the
fast-growing poke chain’s new location marks its official entrance into
Georgia.

LemonShark Poke will open for business this summer at the ground-floor
of The Bishop, which is located at 1115 Springwood Connector. The
project also includes neighboring retail and approximately 400 luxury
apartments. Multifamily developer and investment firm Pollack Shores
owns the development, which is expected to benefit from its proximity to
numerous job centers and MARTA.

Associate Director Chris Dundon of Newmark Knight Frank represented


the tenant. Charlie Banks and Jack Arnold from Stream Realty
represented the landlord.

The new restaurant will be run by franchise owner D.J. Fuchs. Named
after the Lemon Shark who only consumes the very best fish possible,
LemonShark Poké prides itself on serving the finest quality ingredients to
its guests. In addition to traditional poké offerings, the menu includes
shareable appetizers such as tempura shrimp and egg rolls, and its
signature Hawaii Katsu menu that features cooked-to-order, delectable
entrées including chicken, Alaskan cod and more. In addition,
LemonShark Poké’s new location provides locals with an elevated dining
experience – featuring Japanese-inspired upscale, chic décor. The Sandy
Springs location will also feature an oyster bar and a beer wall which will
serve a variety of Atlanta’s local craft beers.

“Atlanta is growing at such a rapid rate, and NKF presented our team
with a rare opportunity to introduce a first-to-market concept in a top ten
metropolitan area,” said Fuchs. “We’re excited to bring our combination
of extraordinary service, comprehensive food selection and tight-knit
family community to Sandy Springs.”
Newmark Knight Frank Inks 2,050-Square-
Foot Lease with First-to-Market Concept
LemonShark Poké
Page 2

Fuchs plans to open multiple LemonShark Poké locations around the city
as the franchise continues to grow.

“This particular location in Sandy Springs has quickly emerged as a new


social hub and reflects LemonShark’s strategy to appeal to a wide array
of people,” said Dundon. “We expect the restaurant to capitalize on the
growing office population and new supply of Class A renters who seek
unique and healthy dining options that are close to work or home. We
look forward to watching D.J. and his team grow LemonShark’s footprint
in metro Atlanta.”

The Bishop is located near the intersection of Peachtree Road and


Hammond Drive, the Dunwoody MARTA station and the future addition
of the East-West connector between Peachtree Dunwoody Road and
Perimeter Center. Plans also call for approximately $5 million in road
improvements, multi-use trails/sidewalks, enhanced property access and
additional green space.

LemonShark Poke’s hours of operation are Sunday through Sunday from


11:00 a.m. to 9:00 p.m. For more information, please visit
www.lemonsharkpoke.com.

About Newmark Knight Frank


Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc.
("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and
most trusted commercial real estate advisory firms, offering a complete
suite of services and products for both owners and occupiers. Together
with London-based partner Knight Frank and independently-owned
offices, NKF's 16,000 professionals operate from approximately 430
offices on six continents. NKF’s investor/owner services and products
include investment sales, agency leasing, property management,
valuation and advisory, diligence, underwriting, government-sponsored
enterprise lending, loan servicing, debt and structured finance and loan
sales. Occupier services and products include tenant representation, real
estate management technology systems, workplace and occupancy
strategy, global corporate services consulting, project management,
lease administration and facilities management. For further information,
visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group


Statements in this document regarding Newmark Group that are not
Newmark Knight Frank Inks 2,050-Square-
Foot Lease with First-to-Market Concept
LemonShark Poké
Page 3

historical facts are "forward-looking statements" that involve risks and


uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements. Except as required by law,
Newmark Group undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see Newmark Group's Securities and Exchange
Commission filings, including, but not limited to, any updates to such risk
factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

###
Press Contact:
Liana Moran
T 770.905.9915
lmoran@thewilbertgroup.com

FOR IMMEDIATE RELEASE

Newmark Knight Frank Brokers 177,000-Square-Foot


Renewal and Expansion Lease at Miami-area Industrial Park
Deal with AAR Landing Gear Services at Medley Commerce Center
is latest in region’s red-hot industrial market

MIAMI (June XX, 2019) — Newmark Knight Frank (NKF) announced


today that it brokered a renewal and expansion lease totaling 177,000
square feet with AAR (NYSE: AIR), a leading provider of aviation services
to commercial airlines and governments worldwide, for its Landing Gear
Services (LGS) business at Medley Commerce Center in Medley, Florida.
The long-term deal will keep AAR LGS in its South Florida headquarters
for the next 10+ years and reflects continued strong fundamentals in the
region’s industrial market.

Located at 9270 NW 100th Street near the Palmetto Expressway, Medley


Commerce Center was originally constructed in 1984 and has been
occupied by AAR LGS for more than 20 years. The value-added Class B
facility houses more than 500 highly skilled employees who repair and
overhaul aircraft landing gear used by major airlines and the military.
AAR employs approximately 6,000 people around the world and has
annual revenues of nearly $2 billion.

Medley Commerce Center is owned by Gateway Southeast Properties


and features more than 3 million square feet of warehouse space in
proximity to the Florida Turnpike, I-75 and State Route 826. The facility is
also just minutes away from Miami International Airport, Fort Lauderdale
International Airport and the region’s seaports.

NKF Miami’s Executive Managing Directors Steve Medwin and Nick


Wigoda and Associate John Mejia, along with NKF Chicago’s Director
Mark Deady and Senior Managing Director Adam Marshall, represented
the tenant, AAR LGS. The owners were represented by Jon Aibel, Alex
Bernaldo and Mike Silva with Americas Industrial Real Estate.

“South Florida’s industrial market is booming, and this transaction


reflects AAR’s continued commitment to grow its business in Miami.
Nearly 100 new high-wage jobs will be created with this expansion,” said
Steve Medwin.
Newmark Knight Frank Completes 177,000-
Square-Foot Lease Renewal and Expansion
for AAR Landing Gear Services
Page 2

According to NKF Research, Miami’s industrial market continues to


benefit from record demand, with more than 2.7 million square feet of
leasing activity occurring in the first quarter alone. Miami-Dade accounts
for nearly 70% of all industrial development taking place in South Florida,
while asking rents for all three industrial segments continue to push past
previous highs. Miami’s industrial vacancy rate (3.7%) also recently hit a
record low despite the delivery of more than 12 million square feet of
new inventory since 2011.

About Newmark Knight Frank


Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc.
("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and
most trusted commercial real estate advisory firms, offering a complete
suite of services and products for both owners and occupiers. Together
with London-based partner Knight Frank and independently-owned
offices, NKF's 16,000 professionals operate from approximately 430
offices on six continents. NKF’s investor/owner services and products
include investment sales, agency leasing, property management,
valuation and advisory, diligence, underwriting, government-sponsored
enterprise lending, loan servicing, debt and structured finance and loan
sales. Occupier services and products include tenant representation, real
estate management technology systems, workplace and occupancy
strategy, global corporate services consulting, project management,
lease administration and facilities management. For further information,
visit www.ngkf.com.

About AAR
AAR is a global aerospace and defense aftermarket solutions company
that employs more than 6,000 people in over 20 countries.
Headquartered in the Chicago area, AAR supports commercial and
government customers through two operating segments: Aviation
Services and Expeditionary Services. AAR’s Aviation Services include
parts supply; OEM solutions; integrated solutions; maintenance, repair,
overhaul; and engineering. AAR’s Expeditionary Services include mobility
systems and composite manufacturing operations. Additional
information can be found at www.aarcorp.com.

Discussion of Forward-Looking Statements about Newmark Group


Statements in this document regarding Newmark Group that are not
historical facts are "forward-looking statements" that involve risks and
Newmark Knight Frank Completes 177,000-
Square-Foot Lease Renewal and Expansion
for AAR Landing Gear Services
Page 3

uncertainties, which could cause actual results to differ from those


contained in the forward-looking statements. Except as required by law,
Newmark Group undertakes no obligation to update any forward-looking
statements. For a discussion of additional risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see Newmark Group's Securities and Exchange
Commission filings, including, but not limited to, any updates to such risk
factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

###

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