JGT merges with Newmark.Newmark & Company Real Estate, announced that Jacobson, Goldfarb & Tanzman Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (JGT JGT Journal of Graphic Tools ) has merged its operations into Newmark. Newmark JGT of New Jersey LLC, boasting more than 50 professionals and support personnel, will have offices in both Woodbridge and Rutherford, and will be managed by respected industry leader Stanley Simon, SIOR SIOR Society of Industrial and Office Realtors SIOR Specialist, Industrial and Office Real estate . "The union of Newmark and JGT creates a formidable presence that will offer the most comprehensive commercial real estate services - office, industrial and retail leasing, management, consulting, finance and investment sales -- in New Jersey," said Barry Gosin, Newmark's vice chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Moreover, this deal continues Newmark's policy of acquiring an interest in firm's around the country and allowing their top professionals to have equity in the company. Newmark JGT combines JGT's New Jersey market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. and stature as one of the state's largest real estate firms with Newmark's existing New Jersey capabilities and national reach. The new company also benefits from a clear merger of compatible, independent, quality-focused, entrepreneurial cultures. "We are delighted to join Newmark in the creation of New Jersey's finest commercial real estate services company," said Mr. Simon, managing principal of JGT and now CEO of Newmark JGT of New Jersey. "We both bring a single-minded focus on the delivery of superior service, and an independent talent that keeps us nimble and agile in this complex market. The merger of Newmark's unsurpassed menu of services with our team of professionals will benefit clients on both sides of the Hudson River Hudson River River, New York, U.S. Originating in the Adirondack Mountains and flowing for about 315 mi (507 km) to New York City, it was named for Henry Hudson, who explored it in 1609. Dutch settlement of the Hudson valley began in 1629. , and grow the firm immensely." According to James D. Kuhn, president of Newmark & Company Real Estate, Inc. "Newmark JGT will offer Newmark's New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and national portfolio accounts enhanced consulting, strategy and transaction execution services in New Jersey. For New Jersey clients, Newmark JGT will bring a truly comprehensive array of services that are unparalleled in the state." "Newmark JGT is much stronger than the sum of its parts," Simon stressed. |
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