NEW YORK—Alles Group Mexico City has joined Newmark Grubb Knight Frank, expanding NGKF's presence in Latin America.

Effective immediately, the company, one of the largest independent commercial real estate services firms in Mexico City, will do business as Newmark Grubb Mexico City, giving NGKF an important presence in one of Mexico's most active real estate markets and broadening its services throughout the region.

As one of the world's five largest metros by population, Mexico city is increasingly viewed by multinational corporations as a vital hub for their operations. Development activity across all sectors in the city is strong. This includes mixed-use projects in the CBD, retail centers throughout the metropolitan area, and modern industrial and logistics facilities at the outskirts of the city. The manufacturing sector, in particular, is booming, led by the export of autos.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.