BGC Closes Grubb & Ellis Purchase, Launches Newmark Grubb Knight Frank

BGC Partners, Inc. late Friday announced it has closed on the acquisition of Grubb & Ellis Co., which grew from a single office opened in Oakland, CA in 1958 to become one of the world’s largest and best known CRE brokerages.

Known for more than half a century as the namesake of its founders, Bill Grubb & Harrold Ellis, the firm will merged into Newmark Grubb Knight Frank as BGC rapidly integrates Grubb and the brokerage firm it acquired in October…
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