NEW YORK CITY—NAI Global, a worldwide network of owner-operated commercial real estate brokerage firms, has added EVO Real Estate Group as a member. Under the direction of CEO Ira Z. Fishman and president Dana Moskowitz, EVO works to provide knowledge of New York City's complex marketplace along with commercial real estate services ranging from office and retail leasing and property management services to commercial co-op and condominium office sales.
“New York City's commercial real estate market continues to be extremely attractive to companies worldwide,” says Jay Olshonsky, president, NAI Global. “It was critically important that we select a firm with deep local market knowledge and the ability to act quickly and creatively to secure the best opportunities. We are pleased to offer NAI Global members and their clients access to this tremendously competitive market through our newest member.”
The decision to join NAI Global was a no-brainer for EVO, adds Moskowitz. “We found the other members to be like-minded in their philosophies – dedicated to the highest levels of service and professionalism. Now that we are part of NAI, we can offer our clients access to local experts anywhere in the world and our employees expanded opportunities for skills development and career exploration.”
Olshonsky cites factors such as availability of foreign capital and demand from foreign investors, low interest rates, and continued attraction from technology, financial and professional services firms as driving forces behind the high demand for commercial property in Manhattan. Population growth, as projected by the 2014 NAI Global market outlook, is anticipated to add over one million people to the NYC MSA over the next 15 years, resulting in increased demand for office, retail and multifamily housing in Manhattan.
“There is no doubt that New York City's commercial property market is experiencing a boom,” he says. “However, as we've seen across market cycles, there will always be demand for quality properties in this market. Our colleagues at EVO are well-suited to navigate this market through all market conditions.”
“We are eager to play a role in expanding NAI's presence here and to work with other member firms worldwide to help grow their business.”
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