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Newmark Group To Acquire RKF Retail Holdings

Besides the mega-mergers in the REIT market there is also consolidation among brokers too.

Photo of Barry Gosin Barry Gosin, CEO of Newmark Knight Frank

NEW YORK–The Newmark Group has announced it is acquiring RKF Retail Holdings, a real estate firm that specializes in retail leasing, investment sales and consulting services. The acquisition of the New York-based company, which is expected to close before the end of the year, will augment Newmark’s own national retail business, which includes retail leasing, retail investment sales, project development retail leasing, retail occupier services and Excess Space Retail Services, a specialist in real estate disposition and lease restructuring.

A 20-year old company, RKF has offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco, Toronto and Tokyo. Robert K. Futterman will serve as chairman of Newmark RKF, which is what the new retail leasing division will be called.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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