SAN DIEGO—The impetus behind the recent executive moves toNGKF's capital-markets roster is the people—both the people alreadythere and those who are making the moves—and the firm'sentrepreneurial culture, Pete Bethea andGreg May tell GlobeSt.com. As we recently reported, eight professionalscomprising Newmark Grubb Knight Frank'sretail brokerage team have join the company'scapital-markets bench in San Diego and NewportBeach, led by Pete Bethea here as executivemanaging director. The team most recently served at Cushman& Wakefield.

In addition, as we also recently reported, KevinShannon has joined NGKF as West Coastpresident of the firm's capital markets group. Shannon is one ofthe premier investment sales brokers on the West Coast, and wasformerly the vice chairman in the capital markets group atCBRE. He joins NGKF with his team of 14 othercapital markets executives.

GlobeSt.com spoke exclusively with Bethea and EVP and regionalmanager May to get a deeper understanding of these moves and thedirection of the firm's capital-markets business in SouthernCalifornia.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.