Newmark Knight Frank Devencore is delighted to announce that its Toronto real estate team has been recognized for completing two of the largest office transactions among SIOR (the Society of Industrial and Office Realtors) members in 2014. SIOR'S Top 100 list identifies and celebrates major office real estate transactions achieved by SIOR members from around the world, from Europe, the United States and Canada to the Asian and Indian continents.
The Newmark Knight Frank Devencore SIOR members recognized for this achievement include Rob Renaud, Managing Principal and Senior Vice President in the Toronto West office, and Mark Petznick, Principal and Senior Vice President in the Downtown Toronto office. Mr. Renaud is the Immediate Past President of SIOR's Canada Central Chapter and was the 2010 recipient of SIOR's Office Broker of the Year Award, which recognizes the superior performance and achievement of a real estate brokerage advisor within the Toronto Area marketplace.
SIOR is the world's leading professional commercial and industrial real estate association. With more than 3,000 members in more than 630 cities in 33 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists.
"We are delighted that our Toronto offices have been recognized by one of the most important professional real estate organizations in the world," said Jean Laurin, President and CEO of Newmark Knight Frank Devencore. "Increasingly, clients across Canada are turning to us for our demonstrated expertise in executing some of the largest transactions currently taking place in the office and industrial real estate markets," added Mr. Laurin.
The two office transactions for which the NKF Devencore Toronto team members acted as advisors include a 95,000 square foot office relocation project carried out for a major global film distribution company and a 62,000 square foot office lease restructuring project carried out for a tier one consumer packaged goods firm. For the former transaction, Sam Meer, Principal and Senior Vice President in the Toronto office was also part of the advisory team.
"It is always very rewarding to be recognized by your peers and a prestigious organization such as SIOR, and I am very proud to be leading a team that is making its mark for advising on some of the most significant corporate real estate transactions in the marketplace today," said Mr. Renaud. "Our Toronto West office continues on an accelerated growth path as we strive to bring the best possible opportunities and market expertise to our rapidly expanding client base."
"Being a part of a group of seasoned professionals that has built an unsurpassed real estate platform is extremely gratifying, and to see how companies are increasingly turning to us for our uniquely tenant-focused advisory strategies further reinforces our drive to further enhance our service offering," said Mr. Petznick.
The Society of Industrial and Office Realtors (SIOR, www.sior.com) is a global professional organization that certifies commercial real estate service providers with the exclusive SIOR designation. Individuals who earn their SIOR designation adhere to the highest levels of accountability and ethical standards. Only the industry's top professionals qualify for the SIOR designation.
About Newmark Knight Frank Devencore
As part of Newmark Grubb Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com.
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/.
For further information, please contact:
Robert Renaud, CCIM, SIOR
Managing Principal, Senior Vice President
Broker of Record1
416-366-0366, ext. 241
Newmark Knight Frank Devencore
Devencore Realties Corporation
(Toronto West) Ltd., Brokerage1
1 Eva Road, Suite 409
Toronto, Ontario M9C 4Z5