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Newmark Knight Frank offers fully integrated owner representation services designed to maximize return on investment and asset value. Our professionals understand the complex requirements of corporate, institutional and entrepreneurial property owners. We are able to reposition an underperforming asset or portfolio of assets through competitive analysis, pro-active leasing strategies and tenant retention programs. The firm provides comprehensive services that range from strategic planning to property and asset management.

Newmark Knight Frank develops comprehensive, individualized marketing and leasing strategies, based on a property’s condition and location, to achieve its highest potential positioning in alignment with ownership’s investment objectives. Implementation of a leasing strategy includes direct solicitation of potential tenants and their brokers, extensive reporting of prospect activity to ownership, optimum pricing recommendations and expedited RFP responses and negotiations.

With access to valuable in-house market research, our advisors track tenant migration and property market trends, while establishing the most current and comprehensive knowledge of competitive space. A successful leasing campaign ensures no missed opportunities and informed decision making through in-depth market intelligence.

Drawing upon our experience as a significant owner of real estate, Newmark Knight Frank brings an owner’s perspective to the discipline. We fully understand the value of capital improvements, financial ownership structures, the impact of debt service obligations and exit strategy planning.

Our professionals work as a team with our staff of in-house experts, including top leasing agents, highly educated financial analysts and senior property managers to advise on building operations and systems.

Owner Representation Services Include:

  • Property Assessment

  • Prospecting/Canvassing

  • Marketing and Repositioning Strategy

  • Financial Analysis

  • Comprehensive Lease Negotiation

  • Property and Asset Management

  • Construction Supervision

  • Tenant Retention

     

     

     

     

     


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Newmark Knight Frank was retained as the exclusive leasing agent for 1251 Avenue of the Americas. With 2.1 million square feet of vacant space, a marketing strategy was developed to reposition the building as the preeminent corporate tower on Sixth Avenue. We were successful in securing several prestigious tenants, many of whom signed leases in excess of 200,000 square feet. The building is currently 100% occupied.

 

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Contact:
Edward A. Friedman
EVP & Principal -
Global Brokerage and Advisory Services
212.372.2232
EFriedman@newmarkkf.com