M&A Deal Summary

Newmark Grubb Knight Frank Acquires Steffner Commercial Real Estate

On January 11, 2016, Newmark Grubb Knight Frank acquired real estate company Steffner Commercial Real Estate

Acquisition Highlights
  • This is Newmark Grubb Knight Frank’s 2nd transaction in the Real Estate sector.
  • This is Newmark Grubb Knight Frank’s 2nd transaction in the United States.
  • This is Newmark Grubb Knight Frank’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2016-01-11
Target Steffner Commercial Real Estate
Sector Real Estate
Buyer(s) Newmark Grubb Knight Frank
Deal Type Add-on Acquisition

Target

Steffner Commercial Real Estate

Memphis, Tennessee, United States
website
Steffner Commercial Real Estate (dba Newmark Grubb Memphis) is a full-service commercial real estate advisory practice in the metropolitan Memphis region.

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Buyer(S) 1

Buyer

Newmark Grubb Knight Frank

New York, New York, United States

website

Category Company
Sector Real Estate
DESCRIPTION

Newmark Grubb Knight Frank is a commercial real estate advisory firm.

DEAL STATS #
Overall 2 of 2
Sector (Real Estate) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-28 Cincinnati Commercial Real Estate

Cincinnati, Ohio, United States

Cincinnati Commercial Real Estate, Inc. is a provider of real estate services.

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