Newmark Knight Frank Devencore Welcomes New Halifax and Moncton Offices

MONTREAL, QUEBEC--(Marketwire - Sept. 24, 2012) - Newmark Knight Frank Devencore, Canada's largest corporate real estate advisor and broker representing corporate, industrial and retail space users, announced today that it has entered into a partnership with one of Atlantic Canada's premiere full-service real estate firms. Headed by principals Shawn Chaisson and Tom Carpenter, the new Atlantic group provides Newmark Knight Frank Devencore with unsurpassed expertise in Atlantic Canada, and coast-to-coast coverage across the country. The Newmark Knight Frank Devencore Atlantic group has offices in Halifax, Nova Scotia and Moncton, New Brunswick.

"We are delighted to welcome the Atlantic group to our growing family of real estate professionals," said Jean Laurin, Newmark Knight Frank Devencore's President and CEO. "Over the last few years they have established a formidable real estate presence throughout the Maritime provinces, so we are particularly proud that they have decided to join forces with us. Shawn Chaisson and Tom Carpenter and their team have a top-tier client list, and bring us real opportunities for growth. We look forward to building a strong and enduring relationship that will ultimately benefit our commercial real estate clients across the country."

"Newmark Knight Frank represents an excellent fit for us, as we share a business philosophy and have corporate cultures that perfectly mesh," said Shawn Chaisson, Vice President, Business Development. "Our fundamental approach to real estate puts the needs of our clients above all other considerations, and as a privately-held company we are able to prioritize and maintain these values. This partnership will bring significant added value to our clients. We are very pleased to be an integral part of the Newmark Knight Frank network."

"Teaming up with Newmark Knight Frank Devencore enables a host of synergies," said Tom Carpenter, Vice President, Brokerage. "We immediately benefit from being part of an organization that offers end-to-end real estate services globally, and our exposure and opportunities are greatly increased, especially in the United States."

Pat Langdon, Vice President and National Director of Business Development for Newmark Knight Frank Devencore emphasized how the new partnership signals an important advance in the company's national expansion. "We are currently pursuing a number of opportunities to expand into new markets in Canada that our clients have told us are strategically important to their development," Mr. Langdon said. "The addition of offices in Halifax and Moncton bodes well for our ongoing growth objectives."

About Newmark Knight Frank Devencore

Devencore is the Canadian partner of Newmark Grubb Knight Frank, one of the largest real estate service firms in the world. 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

A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark Knight Frank; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC's financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world's leading financial institutions.

Newmark Grubb Knight Frank and its London-based partner Knight Frank together operate from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.

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