Tag: Member Press Releases

Chris Lange, Jr. Joins Newmark Knight Frank’s Philadelphia Office

Amanda Nardi

Wayne, PA (September 28, 2020) — Newmark Knight Frank (NKF) announces the addition of Chris Lange, Jr. to the firm’s Philadelphia office. Joining as an Executive Managing Director, Chris specializes in the sale and leasing of office and industrial properties. He has deep experience representing top tenants and institutions in Center City Philadelphia and surrounding suburbs.

“Chris possesses the ability to successfully cultivate business relationships at the highest level. He is a true entrepreneur who will fit into NKF’s culture seamlessly,” said Steve Cousart, Executive Vice President and Managing Director of NKF’s Greater Philadelphia region.

Over the course of his career, Chris has worked with some of Philadelphia’s largest companies in the financial, healthcare, law, development and education sectors. One of Chris’ recent transactions, a built-to-suit headquarters, was honored as one of the Best Real Estate Deals of the Year by the Philadelphia Business Journal.

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DSA Selected in GSA’s Proving Ground Program Evaluation for Grid-Interactive Efficient Building Solutions

Amanda Nardi

TREVOSE, PA – Data Systems Analysts, Inc. (DSA) was selected by the U.S. General Services Administration’s Proving Ground (GPG) program to provide Grid-interactive Efficient Building (GEB) solutions for testing in GSA facilities. The solutions were chosen in response to GSA’s Request for Information (RFI) seeking building technology and energy services that can cost-effectively provide building load flexibility as part of a GEB strategy.

DSA’s solutions utilize OSIsoft’s PI Systems, which is a commercial off-the-shelf operational intelligence platform that integrates multiple disparate systems into a single structured Operational Data Warehouse. Facility operators achieve real-time situational awareness, corrective control, and dynamic load management combined with DSA’s machine learning algorithms and load management devices installed by control systems partner Rovisys.

Fran Pierce, DSA’s Chairman and CEO noted, “With this selection, DSA has the opportunity to join commercial applications with DSA’s expertise in machine learning to fully support GSA’s effort to develop cost effective building technology and energy services. We are pleased to apply innovative solutions to successfully address GSA’s mission.”
About GSA’s Proving Ground (GPG) Program
GSA’s Proving Ground program works with third-party evaluators to test innovative pre- and early-commercial building technologies in federally-owned buildings. The program enables GSA to make investment decisions in next-generation building technologies based on actual performance. Following favorable evaluation results, 23 GPG-evaluated technologies have been deployed in more than 500 facilities in GSA’s real-estate portfolio. For more information about the GPG program, please visit www.gsa.gov/gpg.

About DSA
DSA is an employee owned professional services provider that enables its customers to achieve sensitive, mission critical goals. We are ISO 9001:2015 and ISO/IEC 27001:2013 registered and appraised at CMMI Maturity Level 3 for Service Projects and for Development. Founded in 1963, DSA’s core competencies are Cloud, Intelligent Analytics, Digital Modernization, and Cybersecurity, which encompass a diverse set of associated capabilities. DSA is headquartered in the Philadelphia area and has major operations in Aberdeen and Frederick, MD; San Antonio and Killeen, TX; Fairfax and McLean, VA; and in other locations in the National Capital Region.

Contact
Alvie Johnson, SVP Business Development; alvie.johnson@dsainc.com

Newmark Knight Frank Hires Medical Office Capital Markets Expert Ben Appel in Philadelphia, in a Leadership Role Bolstering National Healthcare Platform

Amanda Nardi

Philadelphia, PA (September 15, 2020) — Newmark Knight Frank (NKF) is pleased to announce the addition of national healthcare capital markets expert Ben Appel to the firm’s Global Healthcare Services (GHS) platform. Joining in a leadership role as an Executive Managing Director, Ben specializes in medical office building (MOB) sales, equity placement and financings. Ben is based in NKF’s Philadelphia office, joining a well-established and fully integrated medical office team.

Throughout his 12-year career, Ben has advised on medical office and healthcare real estate transactions in excess of $5 billion, including some of the nation’s most notable medical office transactions in recent years. Appel’s experience includes medical office sales, re-capitalizations, joint venture equity, physician and hospital monetizations and facilitating developer selection processes. During his career Ben has represented core funds, public and private REITs, pension fund advisors, developers, family offices, private equity firms and healthcare providers. Appel joins from JLL where he was a managing director in the national healthcare practice group.

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Alvie Johnson Joins DSA to Lead Business Development Operations

Amanda Nardi

FAIRFAX, VA – August 31, 2020 – Data Systems Analysts, Inc. (DSA) announced today that Alvie Johnson joined DSA as Senior Vice President, Business Development. He is responsible for planning, implementing, and managing DSA growth strategies and business development operations. “We are excited to have such a talented executive join our team as we continue to grow our customer base and industry partnerships” stated Fran Pierce, DSA’s Chairman and CEO.

Mr. Johnson most recently served as the Vice President for Army Accounts for ALL POINTS LLC, a Service-Disabled Veteran-Owned Corporation located in Reston, VA. Mr. Johnson has served as the Principal Enterprise Lead for Lockheed Martin, ISGS and Senior Associate, Business Development for Booz Allen Hamilton where he oversaw US Navy, Marine, and Army Markets. In this role, Mr. Johnson developed and coordinated teaming for strategic opportunities with a value greater than $50M. Mr. Johnson has also held various business development and technical roles for Data Solutions and Technology, LEIDOS, AT&T, TelCove and CRGT.

He is a strong supporter of the Armed Forces Communications and Electronics Association (AFCEA), Mr. Johnson has provided over twenty continuous years of outstanding leadership and service to the AFCEA community, currently serving as the Regional Vice President for AFCEA National Capital Region. He also serves as the Prince William County Representative to Northern Virginia Community College Board of Directors appointed in 2016.

Mr. Johnson has over 21 years of former military service as an Army Officer in the Signal Corps. He has held a variety of positions that include Satellite Operations Officer, Joint Chiefs of Staff where he managed the allocation of operational satellite communications capacity for all Department of Defense and Government Agencies. He was a Presidential Communications Officer, White House Communications Agency, where he was responsible for the fixed and deployable state of the art telecommunications support to the White House.

Mr. Johnson holds a Master of Arts degree in International Relations & Strategic Studies from the Naval War College, Newport, RI and a Bachelor of Arts degree in Broadcast Production Howard University, Washington DC.

About DSA

DSA is headquartered in the Philadelphia area and has major operations in Honolulu, HI; Aberdeen and Frederick, MD; Tinton Falls, NJ; San Antonio, TX; Fairfax and McLean, VA; and in other locations in the National Capital Region.

University City Science Center Names Tiffany Wilson as President & CEO

Amanda Nardi

Wilson brings deep experience in scientific innovation to raise the profile of the organization nationally and globally 

PHILADELPHIA, PA — (August 24, 2020) – The University City Science Center announced today that Tiffany Wilson will assume the role of President & Chief Executive Officer effective October 1, 2020. This appointment comes at a pivotal time for the Science Center and the Philadelphia region, as the organization focuses on delivering on economic, scientific, and civic impact. It is supporting innovative new health treatments and technologies, delivering equity in access to STEM education and workforce opportunities, and convening the innovation community.

Ms. Wilson brings more than 18 years of leadership transitioning innovative medical technologies from benchtop to bedside, building partnerships across academia, industry and economic development organizations. She most recently served as CEO of Global Center for Medical Innovation (GCMI), an Atlanta-based non-profit dedicated to supporting the development and commercialization of innovative medical products. She joined GCMI in 2011 to lead its startup phase, establishing an overall vision, building strategic relationships and bringing together key stakeholders of the medical device ecosystem. Wilson’s strong background in medical devices, commitment to fostering innovation and understanding of business strategies propelled her into a leadership role in the Southeast and brought her into the national spotlight.  Wilson served on the National Advisory Council on Innovation and Entrepreneurship (NACIE) of the U.S. Department of Commerce. She was recognized by Inc. Magazine as one of “17 Inspiring Women to Watch in 2017” and one of Becker Hospital Review’s “110 Women in Medtech to Know in 2017.”

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Newmark Knight Frank Retained to Lease 15 Kings Grant Drive

Amanda Nardi

New Headquarters Opportunity in Bala Cynwyd, PA

Wayne, PA (August 18, 2020) — Newmark Knight Frank (NKF) has been exclusively retained to market for lease 15 Kings Grant Drive. The three-story, 57,000-square-foot office building, which comprises a newly renovated large block of space, is located in the heart of Bala Cynwyd, Pennsylvania. NKF Executive Managing Director Jeff Mack and Managing Director Patrick Nowlan are marketing the new building for lease.

15 Kings Grant Drive has recently undergone a complete renovation with a budget of approximately $15 million, including all new windows, doors, HVAC system, electrical and mechanical upgrades, landscaping and a new parking structure. Additionally, the interior space provides high-end construction finishes throughout. The building can accommodate tenants seeking a minimum of 18,000 square feet or the entire 57,000-square-foot building and is move-in ready. It is ideally suited as a Class A corporate headquarters with excellent access to City Line Avenue (Route 1) and is just minutes from the Schuylkill Expressway (I-76). The property is also within walking distance to numerous retailers including Panera, Chick-fil-A, Outback Steakhouse and Corner Bakery.

“We are very excited about the opportunity to list this corporate headquarters opportunity in the heart of Bala Cynwyd. Given its ideal location, we expect to attract interest from both center city and suburban Philadelphia corporate office tenants,” said NKF’s Patrick Nowlan of the assignment.

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 18,000 professionals operate from approximately 480 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.

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Anexinet Helps Veltek Track Mobile Pharmaceutical Assets

Amanda Nardi

Cloud-Based Tracking of RFID-Tagged Sealers, Precision Scales, High-End Cleaning Devices, and Equipment Carts Saves Company Time and Money

Philadelphia, PA – August 13, 2020 – Anexinet Corporation, a leading provider of digital business solutions, today announced that Veltek Associates, Inc. (VAI) has selected Anexinet as a partner on VAI’s innovative Core2Scan system, which tracks the location of critical equipment as it moves across large campuses and from lab to lab. The new system tracks the location of assets and products, as well as documenting that equipment is properly maintained and compliance guidelines are followed. For more information, please see the full case study: https://bit.ly/3hyS6L2.

VAI and its customers operate in a highly controlled environment that requires constant air-quality and surface-sterility monitoring, in addition to all equipment being subject to strict operating procedures around their introduction into the lab environment, calibration, and preventive maintenance. Healthcare equipment might often be misplaced for long periods of time, causing them to miss critical maintenance procedures and in some cases, devices failed to be located and were completely lost.

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Local Industrial Markets Prove Resilient During Pandemic

Amanda Nardi

Wayne, PA (July 15, 2020) — Newmark Knight Frank (NKF) released its second quarter 2020 industrial market reports for Greater Philadelphia and the I-81/78 Corridor. Healthy market activity recorded in the past three months clearly demonstrated the strength of both industrial product as an asset class, and the local industrial markets.

During the quarter, the region grappled with sharp economic losses and shelter-in-place mandates. However, during this period, activity in the I-81/78 Corridor industrial market was robust with 1.3 million square feet of net absorption noted. Multiple deals in the 500,000- to 1.0-million-square-foot range transacted, average asking rents increased 1.5 percent from the previous quarter, and eight new warehouse projects commenced construction despite a temporary ban on all active construction sites, which was lifted mid-quarter on May 1st. The Lehigh Valley submarket led the region in occupancy gains, accumulating 1.2 million square feet in net absorption primarily driven by Amazon’s occupancy of the 1.0-million-square-foot warehouse at 3539 Mountain Road. According to NKF Senior Managing Director Tim Brogan, ecommerce firms like Amazon will continue building out their first- and last-mile supply chain network, with increased intensity catalyzed by COVID-19. “The ‘shop-at-home’ effect is driving even greater demand for online fulfilment facilities and we’re seeing ecommerce requirements in the market increase,” he said.

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Market Activity Continues Amid COVID-19 Disruption, Long-Term Legacy is Unknown

Amanda Nardi

Philadelphia, PA (July 10, 2020) — Newmark Knight Frank (NKF) has released its second quarter 2020 office reports for the Philadelphia CBD, suburbs, Southern New Jersey and Northern Delaware. Office market activity slowed substantially during the second quarter due to unprecedented circumstances caused by the global COVID-19 pandemic; however, most markets experienced net positive absorption and office leases were still signed; among them, numerous expansions.

In the Philadelphia CBD, expansions within resilient and growing industries such as life sciences drove positive market activity in the second quarter. Net absorption measured approximately 70,000 square feet, dominated by two transactions: Spark Therapeutics leased the 54,000-square-foot building at 3000 Market Street, and Passage Bio signed to expand from 9,000 square feet at Two Commerce Square to 37,500 square feet at One Commerce Square. Life sciences momentum in the city of Philadelphia and its effect on current and future demand for office/lab space cannot be overstated. While many requirements for office space in the market have been put on hold since the pandemic began, approximately 340,000 square feet of new space requirements have emerged and of that total, over 75 percent is related to life sciences firms. Vacancy in University City, the region’s premier life sciences submarket, fell to 7.5 percent in second- quarter 2020. For lab inventory in the submarket, however, the vacancy rate is hovering around zero according to NKF Research’s 2020 Life Sciences: National Overview and Top Market Clusters report. NKF Senior Managing Director Jack Soloff noted, “The confluence of life sciences demand and a dearth of available, existing lab inventory is driving some office owners to consider converting portions of their buildings into lab space.”

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