DENVER—Newmark Grubb Knight Frank (NGKF) is expanding its Denver operation's regional tenant representation and financial client services divisions with the addition of Jim McGrath as executive managing director and Tom Pappas as managing director, along with Mike Easter, managing director with NGKF Capital Markets.

“We are fortunate to have the added strength and experience of this high caliber team,” commented regional managing director Kevin McCabe. “Jim and Tom are an extremely dedicated and successful duo, with satisfied, high-profile clients, exhaustive national relationships, and deep industry experience across numerous sectors. The addition of Mike to NGKF Capital Markets adds considerable strength in debt and equity placement for multihousing assets. The firm's dedication to expanding our services line in Colorado is unwavering, and these individuals all offer multi-market expertise and a client-service emphasis that complements our service platform and company values perfectly.”

McGrath brings more than 29 years of experience to NGKF. During his career, he has completed in excess of 10 million square feet of transactions, including headquarter, build-to-suits and multi-market assignments. His expertise is helping companies accurately define their requirements and then financially structure real estate solutions that maximize flexibility and minimize occupancy costs. Jim's client roster comprises national and international companies alike, including Kutak Rock, National CineMedia, Rio Tinto and Red Robin.

Tenant representation expert Tom Pappas joins NGKF having completed 4.6 million square feet in transactions for high-profile firms including National CineMedia, Mikron and MPEG LA. Tom was also previously responsible for managing internet advertising firm ReachLocal's national portfolio. “These individuals are known across the industry as advocates of sustainable cost savings, increased client valuation, and enhancement of corporate identities,” noted Kevin. Both Jim and Tom were previously with Savills Studley.

Joining NGKF Capital Markets, debt and equity placement specialist Easter will work in conjunction with Colorado's premier multihousing specialists ARA, A Newmark Company (ARA Newmark) to expand the firm's national debt and structured finance services. “Mike will work as a seamless extension of ARA Newmark, providing debt and equity placement through life companies, agencies, banks, CMBS/Conduit, mezzanine, bridge lenders and joint venture equity partnerships – significantly expanding our ability to provide enhanced brokerage and financial support services to our clients,” said Kevin McCabe. Mike offers more than 15 years of experience in investment real estate, completing over $2.5 billion in transactions including $1.5 billion in multihousing debt and equity placement transactions.

“Denver's continued expansion and attraction of talent on a national level provide the right framework to grow these service lines,” added McCabe. Activity this year has been extremely strong in Colorado's multihousing market, and through mid-October of 2015, there has been $3.0 billion in sales volume, of which ARA Newmark's Colorado operation has handled $1.5 billion, or 50% of the market share. Thus far, the acclaimed Denver multihousing market has shown no signs of slowing and ARA Newmark expects multihousing transactions to reach nearly $4 billion in Colorado sales volume this year.

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.

Instant Insights /

NGKF Expands Service Lines in Denver

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