SALT LAKE CITY, UT—Newmark Grubb Knight Frank (NGKF) said today that Utah's leading commercial real estate services firm NAI West, a former affiliate of NAI Global, is now doing business as Newmark Grubb ACRES, giving NGKF a dominant position in one of country's most active real estate markets.

"Utah is one of the few states to set a new post-recession employment peak," said Barry M. Gosin, NGKF chief executive officer. "Its strong and diverse economy led by industries like technology, biomedical and genetic research, manufacturing, energy and mining, presents significant opportunity for our clients. We are extremely excited to expand our presence here with the exceptional talent and capabilities of Newmark Grubb ACRES.

"NGKF's value proposition and success is driven by our unwavering client-centric philosophy. We continue to bring together best-in-class professionals across the country and, with our global reach and unmatched resources via our parent company BGC Partners and its affiliates Cantor Fitzgerald and Cantor Commercial Real Estate, the NGKF advisory platform represents one of the most powerful solutions in the real estate industry."