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.
In September, retail brokerage veteran Patrick Breslin joined Studley as executive vice president of East Coast Retail Services, a division that, until now, the international real estate firm never had reason to focus on. The former president of Grubb & Ellis’s U.S. retail division and a retail broker at CBRE, Mr. Breslin, 50, spoke about his strategy at the International Council of Shopping Centers this week, his goals for Studley’s new East Coast Retail division and father Jimmy Breslin’s views on commercial real estate.
July’s killed, and that can only mean one thing: the biannual commercial broker pecking order. Let the insults fly! Read More