Newmark Grubb Knight Frank (NGKF) of New York City is bolstering its Denver operation’s regional tenant representation and financial client services divisions, with the addition of three new members: Jim McGrath as executive managing director, Tom Pappas as managing director, and Mike Easter as managing director with NGKF Capital Markets.
With more than 29 years of experience, Jim McGrath has completed more than 10 million square feet of transactions for national and international companies, including Kutak Rock, National CineMedia, Rio Tinto, and Red Robin. Prior to joining NGKF, McGrath previously worked with Savills Studley, The Staubach Co., Cushman & Wakefield, and Price Waterhouse.
Tom Pappas has completed more than 4.6 million square feet in transactions for companies such as National CineMedia, Mikrom, and MPEG LA. Pappas previously worked with Savills Studley and BPG Properties, and was also responsible for managing Internet advertising firm Reach Local’s national portfolio.
Debt and equity placement specialist Mike Easter will work alongside multi-housing specialists at ARA Newmark, in order to expand the company’s national debt and structural finance services. Prior to joining NGKF, Easter worked at CBRE Capital Markets, The Journey Cos., ARA Newmark, and Marcus & Millichap, and brings over 15 years of experience to the table.
“Denver’s continued expansion and attraction of talent on a national level provide the right framework to grow these service lines,” Kevin McCabe, executive vice president & regional managing director at NGKF, said in a statement. “Activity this year has been extremely strong in Colorado’s multihousing market, and through mid-October of 2015, there has been $3.0 billion in sales volume, of which ARA Newmark’s Colorado operation has handled $1.5 billion, or 50 percent of the market share.”
Photos via LinkedIn