NKF Retail takes first steps into LA.Newmark Knight Frank Retail has extended its platform into the L.A. market offering prospective retailers a full suite of data, consulting and site selection services in that burgeoning area. The move will enable Newmark Knight Frank Retail to provide its clients with crucial knowledge of the L.A. market. "L.A. is a key market that retailers look at when establishing their game plan," says Jeffrey D. Roseman, executive vice president of Newmark Knight Frank Retail. "We know the players and where the critical mass is. We can tell you who is shopping on Melrose Melrose, town, Scotland Melrose, town (1991 pop. 2,221), Scottish Borders, S Scotland, on the Tweed River. It is the site of one of the finest ruins in Scotland—Melrose Abbey, owned by the nation and founded for Cistercians by David I in 1136. as opposed to Robertson Rob·ert·son , Oscar Palmer Born 1938. American basketball player. As a guard for the Cincinnati Royals, he became in 1962 the only player in National Basketball Association history to average in double figures in scoring, rebounding, and assists. , for example." Newmark Knight Frank's expansion into L.A. also insures its retail clients an edge in gaining market share in the entire U.S. "Beyond site selection we can take a retailer that's coming from overseas or just launching in the U.S. and effectively roll them out across the country," says Roseman. One such client, Reiss, a women's and men's clothing retailer with 50 locations in London, is virtually unknown in the states. With Newmark Knight Frank Retail's services, Roseman says, the company launched locations in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and will roll out stores in L.A. this year. Newmark Knight Frank will continue its exploration and expansion into L.A., and additional markets for its retailers. "We think areas in downtown L.A. are underserved and that a market will evolve there." says Roseman. "There are many hidden markets we believe will take off." Lasia Casil Sonmez is heading up the new operation, expanding the west coast coverage currently provided by Newmark Knight Frank's San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office. Casil Sonmez will be based in the firm's West L.A. office on Wilshire Blvd., and will provide coverage for Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , as well as other major retail markets throughout California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . Newmark Knight Frank Retail has strategically increased its geographic presence over the past several decades, and currently operates offices in major markets throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . |
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