LOS ANGELES, Aug. 20, 2012 /PRNewswire/ -- Newmark Grubb Knight Frank, a leading full-service global commercial real estate advisory firm with a rich history in Southern California, today announced that industry veteran Eric P. Hasserjian has joined its Los Angeles office as a senior managing director. Drawing on more than 23 years of experience and strong industry relationships, Hasserjian, who has completed over 1,500 lease transactions and been involved with over $7 billion worth of investment sales transactions, will lead Newmark Grubb Knight Frank's landlord representation business in Southern California as the firm expands its presence in the region.
"We are delighted to welcome Eric, an exceptional professional who complements our talented team in Los Angeles and who joins at a pivotal time as we seek to capitalize on regional growth opportunities. With strong roots in Southern California and seven offices throughout the region, Newmark Grubb Knight Frank is deeply committed to its clients here and is investing in additional resources," said Chuck Hunt, executive vice president, regional manager.
Hunt continued, "Since forming Newmark Grubb Knight Frank and launching one of the industry's most powerful, full-service commercial real estate platforms, we are better equipped than ever to provide beginning-to-end real estate solutions spanning leasing, property management, investment sales, property valuation, and global debt and equity capital markets expertise. Together with Eric and other leading professionals in this region, we are passionate about bringing our significantly enhanced global capabilities to our clients, many of whom we've advised for decades."Newmark Grubb Knight Frank's Southern California team has grown significantly from Grubb & Ellis' entry in the market in the 1960s, uniquely offering clients a full range of services and the benefits of the debt and equity capital markets expertise of parent company BGC Partners, Inc., as well as resources from its affiliate relationship with Cantor Fitzgerald, which first began operating in Southern California in the 1950s. "The region's large population base, diverse business landscape and proximity to one of the world's busiest ports make it an attractive market for local, national and international property investors and corporate occupiers. These factors continue to stimulate robust office, industrial and retail activity, driving demand for real estate, and the need for expert professionals who can help clients maximize value," Hunt said.