Newmark Knight Frank Devencore Opens Edmonton Office

EDMONTON, ALBERTA--(Marketwired - Oct. 24, 2013) - Newmark Knight Frank Devencore, Canada's largest commercial real estate advisor and brokerage representing corporate, industrial and retail space users, announced today that it has opened a new office in Edmonton, Alberta. The establishment of the Edmonton office confirms Newmark Knight Frank Devencore's commitment to the rapidly growing Alberta market. This is the third office that Newmark Knight Frank Devencore has opened in the province since 2011.

The Edmonton office is a unique partnership. The leaders include Agron Miloti, President of Devencore Alberta's two Calgary Offices; Todd Walker, Principal, Vice-President Office Sales & Leasing; Byron Wakeling, Principal, Office Sales & Leasing; and Warren Cochlin, Principal, Vice-President Industrial Sales & Leasing.

Mr. Walker, Mr. Wakeling and Mr. Cochlin are experienced professionals with proven track records in the industry and come to Newmark Knight Frank Devencore from other corporate real estate firms.

"We are delighted to further strengthen our presence in one of the most active commercial real estate markets in North America," said Jean Laurin, President and CEO of Newmark Knight Frank Devencore. "The Edmonton office adds a very important strategic link to our growing global platform, and allows us to best address the evolving needs of our clients in Alberta, North America and throughout the world."

Newmark Knight Frank Devencore is the Canadian partner of Newmark Grubb Knight Frank, which is the fourth-largest real estate advisory in the world. Newmark Grubb Knight Frank operates from more than 320 offices on five continents.

"With offices in Calgary, Calgary South and now Edmonton, we have the extensive geographical footprint and range of professional expertise to offer our clients unsurpassed advisory and brokerage services," said Mr. Miloti. "Increasingly, our clients require real estate services throughout Canada, the United States, and the rest of the world. This expansion comes as a direct result of our desire to help them fully realize their strategic objectives in the most efficient fashion."

"Joining the Newmark Knight Frank Devencore team provides us with the opportunity to be a part of one of the world's largest and most highly-regarded real estate advisories," said Mr. Walker. "What we all share is an overriding commitment to our clients, and the great advantage of this expansion is that we are now a global force and can represent their interests in every economic zone in the world. We also have access to specialized support tools that are best-in-class in the industry; the consulting services of this organization are simply unsurpassed."

About Newmark Knight Frank Devencore

As part of Newmark Grubb Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com.

About Newmark Grubb Knight Frank

Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 12,000 professionals, operating from more than 320 offices in established and emerging property markets on five continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.comNGKF is a part of BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.