Add-on Acquisition • Real Estate

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 Context
  • 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.

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M&A Deal Summary

Date January 11, 2016
Target Steffner Commercial Real Estate
Sector Real Estate
Buyer(s) Newmark Grubb Knight Frank
Deal Type Add-on Acquisition

Target Company

Steffner Commercial Real Estate

Memphis, Tennessee, United States
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 Overview 1

Buyer

Newmark Grubb Knight Frank

New York, New York, United States

Category Company
Sector Real Estate
DESCRIPTION

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


Deal Context for Buyer #
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.

Buy -