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Expansion sees NKF enter Detroit.

Newmark Knight Frank continues its national expansion by forming a partnership with Detroit real estate firm Friedman Real Estate Group, Inc.

The new office, which will operate as Newmark Knight Frank, will be led by Newmark Knight Frank executive managing director and principal Steve Morris--former principal/co-owner of GVA Strategis.

A key player on Morris's team will be Randy Tarnow, senior vice president, who will focus on tenant advocacy, portfolio assessment and strategic facility planning. David Friedman, president & CEO of Friedman Group, and Mitchell Lipton, executive vice president and managing partner of Friedman Group, will both work with Morris and his team to develop new lines of business.

"We've worked very hard to develop strong relationships with our clients over the past 20 years," said David Friedman. "We're always looking for new ways to serve our clients' needs, and our partnership with Newmark Knight Frank will allow us to provide them with sophisticated new services on a global scale."

"Newmark Knight Frank will be an immediate active participant in the Detroit metro area's vibrant real estate scene," said Ed Friedman, executive vice president and principal of Newmark Knight Frank.

"After an exhaustive search and due diligence process, the new office will commence operations as Newmark Knight Frank with the professional staff of Friedman Real Estate Group in Michigan for all service lines except property management, multifamily, and landlord representation, which will maintain the Friedman brand.

"Friedman Real Estate Group has rightfully earned a sterling reputation amongst clients and competitors and we are very fortunate to have found like-minded, talented professionals who adhere to the same inculcated values.

"David Friedman, Mitchell Lipton, Steve Morris and Randy Tarnow bring the highest level of professionalism, integrity and strategic thinking that create the foundation for performing high value added work," added Ed Friedman.
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Title Annotation:Commercial Sales & Leasing
Comment:Expansion sees NKF enter Detroit.(Commercial Sales & Leasing)
Publication:Real Estate Weekly
Date:Feb 21, 2007
Previous Article:New York remains bargain in the global office market.
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