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The Newmark Group has acquired Utah market leader ACRES. The company has operated as Newmark Grubb ACRES through an alliance agreement with NKF. The acquisition will strengthen Newmark’s Southwest position, which is a key region for the firm.

ACRES current Southwest footprint includes Salt Lake City, Davis/Weber County and Utah County, and additional presence in Boise, Idaho and Reno, Nevada.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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