Newmark Knight Frank Retained to Sell Liberty Walk at East Gate

Philadelphia, PA (November 7, 2019) — Newmark Knight Frank (NKF) has been appointed as the exclusive broker in the sale of Liberty Walk at East Gate, a four-building office park located in Mount Laurel, New Jersey. NKF’s Philadelphia Capital Markets team comprising Mike Margolis, Dave Dolan and Dave Garonzik will market the property for sale. The 235,000-square-foot office park, located at 300, 302, 330 and 350 Fellowship Road, was acquired by current ownership in 2014 from Liberty Property Trust, the building’s developer, as part of a larger property portfolio.

“The buildings, highlighted by a completely revitalized long-term corporate headquarters building and the only LEED Gold Certified building in Southern New Jersey outside of Camden, are some of the highest quality buildings in the extremely accessible and desirable ‘3M’ submarket encompassing Mount Laurel, Marlton and Moorestown,” said Margolis

Liberty Walk at East Gate is currently 76 percent leased to eight tenants, providing an investor long-term upside with a weighted average lease term of approximately 7.5 years, as well as the ability to create significant value through the lease-up of remaining vacancies. Investment grade companies such as Morgan Stanley, Oracle, Comcast and PMA Companies highlight the office park’s impressive tenant roster. Marlin Capital Solutions, another high-quality publicly traded company, is the office park’s long-term (since 2004) anchor tenant. Marlin Capital Solutions recently extended its lease term and is undertaking a gut-renovation of the 300 building and a portion of the 302 building.

About Newmark Knight Frank
Newmark Knight Frank (“NKF”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

# # #

 

PCI Year in Review: Accomplishments and Highlights

Leading Innovation

The website highlights many of PCI’s achievements across a wide range of commercial activities, including the execution of more than 770 commercialization agreements that contributed to $114 million in licensing revenue (a new high) and the facilitation of a robust portfolio of faculty-led corporate sponsored research projects that resulted in $104 million in sponsored research funding received and enabled more than a dozen startup companies. PCI also increased client impact through our numerous programs and stakeholder engagement activities.

These combined efforts further strengthen Penn’s growing pipeline of commercial products and R&D partnerships with the private sector, which cumulatively result in more than $200 million dollars of economic activity flowing back into Penn in FY19. Further, Penn spinouts supported by PCI garnered over $260 million of capital investments and additional funds raised or received in FY19.

Read More.

Anexinet Expands Executive Team with New Chief Strategy Officer

Chris Vain Brings Extensive Digital and Team Leadership Experience to Company’s Award-Winning Infrastructure Solutions Business

PHILADELPHIA, Nov. 06, 2019 (GLOBE NEWSWIRE) — Anexinet Corporation, a leading provider of digital business solutions, today announced the appointment of Christopher Vain as Chief Strategy Officer. Vain will help Anexinet clients utilize technology investments to solve complex business problems and enhance organizational efficiency through digital transformation.

“We’re excited to welcome Chris Vain to the Anexinet team. His extensive industry experience complements our strong infrastructure services, and his IT guidance has enabled transformative results for countless organizations,” said Todd Pittman, CEO, Anexinet.

Read more.

CompuData Joins Citrix Ready Partner Program

For media inquiries, contact:
Deborah Pfeiffer

215.969.1000 x266

 CompuData Inc Cloud Platform

 IS VERIFIED AS CITRIX READY

CompuData Verified as Citrix Ready Partner to Deliver Cloud Technology Platform Solution

Philadelphia, PA – October 1st 2019 – CompuData, a leading Business Technology Company focusing on Cloud Hosting, ERP Solutions, IT Security and Managed IT, announced today that they joined the Citrix Ready Partner Program with their CompuData Cloud Platform from Citrix Systems, Inc. (NASDAQ: CTXS).

“CompuData is a leading Cloud Service Provider ,” said Ed Guarrieri, CompuData’s Vice President of Technology. “The acceptance into this program demonstrates our ability to offer reliable and functional cloud solutions that utilize Citrix technologies to their fullest potential. Our internal expertise combined with Citrix’s market-leading solutions enables our customers to streamline their workloads into one single pane of glass, while maintaining security and reliability.”

The Citrix Ready partner program makes it easy for customers to identify complementary products and solutions that are powered by Citrix technologies. Customers can be confident that Citrix Ready partners have a verified technology stack and provides reliability and functionality. The CompuData Cloud Platform has successfully passed a series of tests, established by Citrix, certifying their cloud stack and solutions architecture. 

 We have built our cloud platform around Citrix technologies from the start. The solutions we offer today could not happen without the software technologies provided by Citrix, said Guarrieri. We listen to our customers, and what they want is a hybrid cloud solution that does not sacrifice security and user experience.

The CompuData Cloud Platform gives customers the flexibility, scalability and security required to power a modern business. With a 99.99% uptime guarantee, bicoastal datacenters, and a dedicated Citrix certified support team; business-critical operations are always protected and available. For more information please visit the Citrix Ready Marketplace: https://citrixready.citrix.com/compudata-inc.html

About CompuData, Inc.

CompuData is a Women Owned Business Technology Company and Partner for Cloud Hosting, ERP Solutions, IT Security and Managed IT Services. With nearly five decades as a business technology innovator, CompuData offers an unparalleled spectrum of Accounting Financial Software and IT solutions that are fundamental to business operational growth, efficiency and profitability. Helping businesses transform their operational flow and infrastructure to offer more a flexible, scalable and secure environment through our exceptional people and strategic processes. For more information, visit CompuData.com or call 800-223-3282. Follow CompuData on social LinkedIn, @CompuDataInc and Facebook.

QUAD656, Delaware Valley’s Top Recruiting Firm, Joins SolomonEdwards

SolomonEdwardsGroup, LLC (SolomonEdwards), a national professional services firm headquartered in the Philadelphia region, announced that QUAD656, a leading staffing company in the Delaware Valley with offices in Wayne, PA and Mt. Laurel, NJ, has joined the firm. QUAD656 adds the largest tenured recruiting staff in the Greater Philadelphia Region with 75 team members, including a team of interim professionals on assignment, search consultants, and a temp services sales team that support a growing demand for talent across multiple disciplines in a labor constrained market.

Since 2001, QUAD656 has been recruiting and placing top talent across multiple disciplines, adding recruiting strength and a robust client base to SolomonEdwards’ existing portfolio. In return, the QUAD656 team benefits from SolomonEdwards’ infrastructure in Marketing, Salesforce automation, IT, and HR administration.

“We are excited that QUAD656 is now part of the SolomonEdwards family, and we are delighted to have all four of the Founding Principals – Randi Goltz, Lori Marcus, Sheila Matthews and Patti Zajick – join the team.” “QUAD656’s owners and I have known each other for almost 30 years, having worked together at my previous company – Acsys, Inc.,” said Ed Baumstein, Founder, President, and CEO of SolomonEdwards. “I believe that ‘who’ you bring into your business is about having a common vision, a great cultural fit and business benefits for all involved parties. I am extremely confident that SolomonEdwards and QUAD656 align on all three areas and are equally focused on bringing exceptional talent to the marketplace.”

QUAD656 adds both clients and exceptional talent to SolomonEdwards’ expanding national practice. 

“QUAD656 will immediately benefit from a motivated parent company with the infrastructure and resources to help grow the business,” said Sheila Matthews, QUAD656 Co-Founder and Principal. “Joining SolomonEdwards has already proven to be a catalyst for fresh thinking and an energized approach that will accelerate growth and market leadership.”

To learn more, view the following:

CompuData Receives Certification as a Woman Owned Business

Woman Owned Business Certification Provides Added Advantages to CompuData Customers

Philadelphia, PA – CompuData, a leading Business Technology Company focusing on Cloud Hosting, ERP Solutions, IT Security and Managed IT; today announced they have received certification as a women-owned business by the Women’s Business Enterprise National Council (WBENC).

“We are delighted to receive the certification from the WBENC,” said Angela Nadeau, CEO and President of CompuData. “This certification strengthens our business relationships with our customers by providing value diversity that will open new opportunities to serve them better.”

To receive certification by WBENC, a company must go through an in-depth review and a corporate site inspection. The review process confirms that the company meets all of WBENC’s rigorous eligibility requirements. The requirements focus on female ownership, high-level control, and management of daily operations.

 “Many of our mid-size customers serve large corporate customers that have diversity initiatives.   Our WBNEC and WOSB certifications will help those customers reach compliance.  In addition, we hope to expand our base of customers in industries that require certain regulations for submitting contracts,” said Nadeau. “This certification will open our solution portfolio to new larger clients and allow us to better serve existing customers across our spectrum of ERP and technology solutions.” 

CompuData has provided business technology solutions since 1971 and is currently 100 percent women owned.  Being certified as a Woman Owned Business allows CompuData to fulfill their customer’s business needs while simultaneously addressing their diversity requirements.

The WBENC is the leading third-party certifier of businesses owned and operated by women, with more than 12,000 WBENC-Certified WBEs. WBENC certification is accepted by more than 1,000 corporations representing America’s most prestigious brands, in addition to many states, cities and other entities. WBENC and its 14 Regional Partner Organizations provide numerous opportunities for interactions between more than 650 member corporations, government agencies and thousands of certified WBEs at business building events and other forums.

About CompuData, Inc.

CompuData is a leading Business Technology Company and Partner for Cloud Hosting, ERP Solutions, IT Security and Managed IT Services. With nearly five decades as a business technology innovator, CompuData offers an unparalleled spectrum of Accounting Financial Software and IT solutions that are fundamental to business operational growth, efficiency and profitability. Helping businesses transform their operational flow and infrastructure to offer more flexible, scalable and secure environment through our exceptional people and strategic processes. For more information, visit CompuData.com or call 800-223-3282. Follow CompuData on social LinkedIn, @CompuDataInc and Facebook.

Industrial Development Levels Make Dramatic Jumps

Wayne, PA (July 17, 2019) — Newmark Knight Frank (NKF) released its second-quarter 2019 industrial market reports for Greater Philadelphia and the I-81/78 Corridor. New supply was the foremost topic as the total construction pipeline across the two markets increased by 5.4 million square feet. Also, notably, the I-81/78 Corridor realized a rare quarter of negative absorption. However, market activity indicates overall fundamentals in the two regions will remain strong throughout the remainder of the year.

In the second quarter of 2019, the development pipeline in the I-81/78 Corridor industrial market expanded to a record-breaking 18.6 million square feet. Although there are millions of square feet of tenant requirements in the market, the decade-long streak of positive absorption finally broke this quarter due to struggling national retailers closing regional distribution centers. 1.1 million square feet of negative absorption was recorded, and 2.1 million square feet of new speculative inventory delivered vacant. As a result, vacancy jumped from 6.3 percent to 7.1 percent quarter over quarter, its highest measure in three years. The Central Pennsylvania submarket was responsible for the largest share of negative absorption with Sears and Kmart closing warehouse facilities in the region. The Lehigh Valley submarket accumulated 337,211 square feet of new tenancy driven by third-party logistics firms and maintained its standing as the epicenter of new development, with more than 6.5 million square feet of construction underway. In Northeastern Pennsylvania, the supply pipeline nearly doubled this quarter, from 3.5 to just under 6.5 million square feet, the highest quarterly construction total on record for the submarket. Speaking on the subject of this substantial increase, NKF Executive Managing Director Jim Belcher noted, “Warehouse users want to be in the Lehigh Valley, but the tightening labor supply is a real issue. This is starting to drive developers and tenants up into Northeastern Pennsylvania.”

Major big-box occupancies are slated to occur next quarter, which will eclipse the negative absorption sustained in the second quarter and ensure the Corridor market concludes the second half of the year on a positive note.

In Greater Philadelphia’s industrial market, 2.4 million square feet broke ground in the second quarter, driving the supply pipeline up to 7.3 million square feet, a five-year high. There was construction underway in every one of the eleven counties that comprise the tri-state regional market, with the Southeastern Pennsylvania counties responsible for the largest share. Commenting on the expansion of the construction pipeline, NKF Managing Director Justin Bell said, “the majority of Southeastern Pennsylvania’s warehouse inventory was built before 1980. This new supply of efficient, high-bay space will be a boon to the market’s warehouse users.”

Average asking rents skyrocketed in the Greater Philadelphia industrial market this quarter reaching $6.33 per square foot, up almost a full dollar from last quarter. This was largely a function of newly established rates on R&D/flex space at the rebranded and repositioned Discovery Labs complex in the Philadelphia suburbs.

Occupancies in recently completed warehouse space predominantly drove the quarter’s net absorption, totaling 1.8 million square feet. Market-wide vacancy, down 30 basis points from the first quarter to 5.1 percent, is expected to hover in the low 5.0 percent range through the rest of the year, while pent-up demand in the market for modern logistics space continues to drive the absorption of new additions to the inventory.

In the Southern New Jersey industrial market, ecommerce giant Amazon yet again represented the largest quarterly move-in, taking possession of the 650,000-square-foot warehouse at 240 Mantua Grove Road upon its completion. Aside from the development focus on the warehouse sector in South Jersey, a significant manufacturing project was launched in the market this quarter: ResinTech broke ground on a $130.0 million global HQ in Camden County, which will be used to consolidate multi-state operations when complete in 2020. Moving westward into the New Castle County market, available industrial space is as scarce as it can be with vacancy at 2.7 percent in the second quarter. This tightness has driven average asking rents beyond $5.00 per square foot for the first time ever.

About Newmark Knight Frank
Newmark Knight Frank (“NKF”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

# # #

MLeads Free Trial Offer to Members

Turning leads into sales is complicated, leads are difficult to capture and organize, follow-ups are difficult and sales cycles are long and Team is difficult to manage. 

Track Leads, Manage Customer Relationships and Organize your sales Team in one Place, MLeads

MLeads is built to solve these problems by offering intuitive design and a process that is easy to understand and follow for sales and marketing professionals. MLeads is guaranteed to increase revenue, shorten sales cycles, and streamline processes by offering powerful features like:

  • Lead Retrieval
  • Lead Research
  • Track Leads by Event or Group
  • Lead Follow-ups
  • Measure statistics and ROI
  • Team management

MLeads guarantees to bring efficiency and productivity for any size business anywhere anytime on any devices.

Click the link to claim your free account today! https://www.myleadssite.com/freetrial.php

IF you want more information Please click the link to schedule the demo and one of our support team members will give you the demo. http://bit.ly/2SIvDS2

Download App now: iTunes | Google Play store

Acumen Analytics Announces Creation of Strategic Advisory Board

Leaders in Healthcare and Pharmaceutical Industries to Help Company Maximize Success

Philadelphia, PA, January 29, 2019: Kathleen Brunner, Founder & CEO of Acumen Analytics is delighted to announce the current members of the company’s advisory board. The board is comprised of successful leaders in the healthcare and pharmaceutical industries with decades of experience and knowledge. This team of industry experts will provide informed guidance and strategic advice to the company’s leadership team.

Click here to read full press release