RUTHERFORD, NJ—Taking his more than 28 years of experience in Garden State commercial real estate with him, David Simson has signed on as vice chairman of Newmark Knight Frank’s New Jersey operation.
“The platform Newmark Knight Frank offers to the marketplace is more entrepreneurial in philosophy,” Simson tells GlobeSt.com, “and the services that can be provided for clients is deep and offers cross-selling opportunities in a one-stop, full-service shop.”Simson was the co-founder/principal and president of GVA Williams of New Jersey, now FirstService Williams, where he worked for a decade.
“We are thrilled to have David join our leadership team in New Jersey,” said Barry Gosin, CEO of Newmark Knight Frank, in a statement. “David is a consummate professional, having assisted many of the nation’s largest corporations, and he brings strong relationships with both owners and tenants.”
In 2007, Simson was awarded NAIOP’s “Creative Deal of the Year” award for his advisory work for the redevelopment and construction of a 173,146-square-foot world headquarters for the Medicines Co. He has also transacted deals for such well-known names as Prudential, PNC Bank, ADP, Cole Schotz, JP Morgan and the New York Times.
In today’s environment, service companies must offer more detailed services to clients, Simson says. “Our industry is in uncharted territory, and it requires service providers to be more nimble and provide underwriting and analysis to owners and landlords,” he says. “We must also offer tenants an understanding of the marketplace in order to assist them in their business strategy.”
Headquartered in New York City, Newmark Knight Frank and London-based partner Knight Frank Newmark have more than 195 offices worldwide and 6,900 staffers. A spokesperson for FirstService Williams confirms to GlobeSt.com that Simson did leave the firm, but had no further comment.