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Newmark Will Add Retail Brokerage RKF to National Platform
Newmark Group said Tuesday afternoon it would acquire RKF Retail Holdings, among the nation’s leading independent brokerages specializing in retail. Following the acquisition by Newmark, which is expected to close by year’s end, RKF founder and chairman Robert K. Futterman will serve as chairman of Newmark RKF, Newmark’s retail leasing division.
“For the last two decades, we have attained our leadership position in the retail real estate industry by investing in our people and building a strong brand and culture,” said Futterman (pictured). “We have had many choices in partners over the years, but having known both Howard Lutnick and Barry Gosin for many decades, this partnership feels like family.”
Newmark CEO Gosin said the acquisition was “consistent with Newmark’s goal to add top talent in all disciplines, and is an important step in continuing to build the leading retail platform in both leasing as well as retail investment sales.”
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- ◦Sale/Acquisition
