We are delighted to have the support of Newmark Grubb Knight Frank as our real estate broker of record, their firm is well-suited to take care of our real estate needs across the country and globally
Durham, North Carolina (PRWEB) August 24, 2016
The Guess Corporation has engaged the global commercial real estate firm of Newmark Grubb Knight Frank as its exclusive commercial real estate broker. As the company's broker of record, the firm will provide full-service real estate services to the company and all of its subsidiaries. Dean Tselepis, Director at Newmark Grubb Knight Frank is leading the engagement with the company. The firm will oversee the acquisition of sites for the gas/convenience stores, commercial land purchases and commercial building purchases across all businesses of The Guess Corporation. “Our team is pleased to be working with The Guess Corporation on its multi-faceted real estate expansion,” said Dean Tselepis. “Providing an upscale gas/convenience experience with its innovative c-store concept will differentiate the firm amongst competitors in markets throughout the country.” Newmark Grubb Knight Frank will provide site selection, analysis, negotiation and facilitate the closing of all transactions for The Guess Corporation. "We are delighted to have the support of Newmark Grubb Knight Frank as our real estate broker of record, their firm is well-suited to take care of our real estate needs across the country and globally,"said Cutie Shrestha, Senior Executive Vice-President/Chief Development Officer for The Guess Corporation. The firm will be responsible for helping the petroleum unit of The Guess Corporation build a portfolio of 1,000 gas/convenience stores over the next 12 months. In addition, Newmark Grubb Knight Frank will handle site selection for The Guess Corporation's hotel, country club, healthcare, automotive and retail merchant businesses. Other assignments will include corporate real estate projects such as office building acquisitions and leases.
About The Guess Corporation
The Guess Corporation is a conglomerate based in Durham, North Carolina which began as a trader of diamonds and expanded into over 20 business areas since 2012. The company's projected revenue for 2016 is $250 Million and its asset base currently exceeds $100 Million.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.