Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek Office Welcomes 3 From Grubb & Ellis

Walnut Creek, Calif. (May, 2012) — Cornish & Carey Commercial Newmark Knight Frank announced that three former Grubb & Ellis Company top producers joined the firm’s Walnut Creek office as part of its commercial real estate brokerage team.  Rick Steffens and Knute Bucklew will enhance the firm’s office leasing and sales group and Adria Giacomelli will bolster the retail division.  Cornish & Carey Commercial Newmark Knight Frank also announced today that it has added a total of 28 former Grubb & Ellis agents to its Northern California roster, including these Walnut Creek agents.

”We welcome these talented and experienced agents to the Cornish & Carey Commercial Newmark Knight Frank Walnut Creek office,” said Managing Director Tom Fehr.  “Rick, Knute and Adria join at a time when market fundamentals are improving, and during an exciting time of growth for the company in general as we continue to add service lines and gain market share.  We have built an extremely knowledgeable, productive and loyal team here, and these new brokers are a perfect fit and valuable additions.”

Rick Steffens joins the Walnut Creek office as senior vice president.  Formerly a director of Grubb & Ellis‘ Office Division group, the 36-year veteran will remain focused on office leasing and sales, concentrating on the I-680 and I-580 corridor of the Bay Area.  Throughout his career, Steffens has been recognized for his achievements, receiving coveted honors such as “Bishop Ranch Broker of the Year”, “Company Top Producer” for 20 of the last 23 years, four-time “Grubb & Ellis National Top 20 Broker” and the East Bay Business Times’  2001 “Broker of the Year”.

“Cornish & Carey’s partnership with Newmark Grubb Knight Frank has made the already dominant commercial real estate firm in the Bay Area even more formidable,” said Steffens.  “I look forward to growing my business leveraging the rich platform of services Cornish & Carey Commercial Newmark Knight Frank provides its agents and clients.”

Vice President Knute Bucklew plans to continue to focus on office leasing and sales along the I-680 corridor of the East Bay market.  A former Grubb & Ellis vice president and consistent “Top Producer”, Bucklew has completed more than 700 transactions in the past 10 years.

Senior Associate Adria Giacomelli specializes in landlord representation for retail centers throughout Northern California and currently represents more than three million square feet of retail space.  A former Grubb & Ellis associate, she began her career in commercial real estate with Sperry Van Ness in 2004 and has received honors including “Rookie of the Year”, “National Rising Star” and CoStar “Power Broker”.

Cornish & Carey Commercial partnered with Newmark Knight Frank in September of 2010 to become Cornish & Carey Commercial Newmark Knight Frank. In October of 2011, BGC Partners, Inc. acquired Newmark Knight Frank and committed to applying its capital markets and technology expertise to position Newmark Knight Frank for dramatic growth.  In April of 2012, BGC Partners completed its acquisition of the assets of Grubb & Ellis Company, adding talented brokers and outstanding service lines including Property and Facilities Management and Appraisal businesses to Newmark Grubb Knight Frank.  As a Newmark Grubb Knight Frank partner company, Cornish & Carey Commercial Newmark Knight Frank directly benefits from the integration of Newmark Knight Frank and Grubb & Ellis inot the new powerhouse Newmark Grubb Knight Frank.  With the addition of the 28 former Grubb & Ellis brokers, Cornish & Carey Commercial Newmark Knight Frank is now 310 agents strong.

About Cornish & Carey Commercial Newmark Knight Frank

A dominant regional real estate force since 1935, Cornish & Carey Commercial partnered in 2010 with Newmark Knight Frank, one of the largest independent real estate service firms in the world, to become Cornish & Carey Commercial Newmark Knight Frank.  Regionally, more than 310 agents in 13 strategically located offices throughout Northern California create a powerful combination of people and services that uphold Cornish & Carey Commercial Newmark Knight Frank core values of integrity and knowledge. For further information, visit www.ccareynkf.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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