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Newmark Knight Frank Plans North Texas Push

PLANO, TX-Buyer and seller lay out plans and expectations for the market. Interviews have begun with teams from several disciplines as has a search for a new office location.

By Connie Gore | Updated on May 16, 2008

[IMGCAP(1)]PLANO, TX-As promised, Newmark Knight Frank and its new office leaders in North Texas are discussing the long path leading to their merger and their long future together. As part of the play, the search is on for a new office location to house the present team and those coming on board in the coming years.

“We’re hoping to have 50 people in 24 to 36 months,” Barry Gosin, CEO of the New York City-based Newmark Knight Frank, tells GlobeSt.com. “We are growing the platform. That’s our goal. And, our goal is to be the market leader in the markets we’re in.”

As the news hit the streets yesterday, Predium LLP’s phone was being answered with the new moniker after six months of negotiations. The new plan makes managing principals out of Seth Weinstein and Mitch Wolff, who are now looking for roughly 10,000 sf in far north Dallas to house the team. Weinstein says the decision should be made within 90 days. Meanwhile, Newmark’s six-year managing principal in Dallas, Rebecca Griffin, and her three-member team will box up their office at 15950 N. Dallas Pkwy. in Dallas next week and join the rest of the team at 7160 Dallas Pkwy. in Plano.

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