Newmark Group announced that it has agreed to acquire RKF Retail Holdings and subsidiaries which make up the RKF brand, according to the PR News Wire.
A leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. Newmark’s acquisition of RKF is expected to close before the end of the year.
Since its founding 20 years ago, RKF has grown into an industry-defining business headquartered in New York, with additional offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco, Toronto and Tokyo. Robert K. Futterman will serve as Chairman of Newmark RKF, Newmark’s retail leasing division, and will be responsible for leading the growth of the Company’s retail real estate business throughout North America.