Mergers and Acquisitions
The burgeoning brokerage Lee & Associates is adding more brokers, including another executive from the bankrupt real estate services company Grubb & Ellis, executives at the firm revealed.
Robert Kunikoff, a retail leasing executive at Grubb & Ellis, will be moving over to Lee & Associates starting this week the executives said.
BGC Partners announced late Monday night that the firm, which last year expanded into the real estate services business by buying Newmark Knight Frank, is further growing in the industry by acquiring the California based company Grubb & Ellis.
Amira Yunis, a top retail leasing broker in Manhattan, is leaving Newmark Knight Frank for CBRE several sources say.
Ms. Yunis brokered a number of notable transactions with major retailers during her tenure at Newmark, where she rose to the rank of executive vice president within the company’s retail leasing arm.
Newmark Knight Frank brokers are being asked to contribute as much as ten percent of their commissions into stock in BGC Partners, the publically owned financial company that in recent weeks acquired the real estate services firm.