Philadelphia's Smith Mack Partners with Newmark Knight Frank

Newmark Knight Frank has entered into a partnership with Smith Mack, bringing the latter's four-office, 55-person operation under Newmark Knight Frank's global umbrella. The Philadelphia-based firm will operate as Newmark Knight Frank Smith Mack.

Founded in 1984, Smith Mack is a regional commercial real estate firm with offices in Philadelphia and Wayne, Pennsylvania; Wilmington, Delaware; and Marlton, New Jersey. A leader in the Greater Philadelphia Region's commercial market, the firm's services include tenant and owner representation, corporate real estate, property management, and investment sales. Key executives of the firm include founding partner Jeffrey E. Mack and partners Neal F. Dangello, William (Wills) Elliman, Keri Lorenson, and James P. Mullarkey, Esq.

"We have worked together for years, and this is a natural extension of our long-time relationship," said Barry Gosin, chief executive officer of Newmark Knight Frank. "We have a very high regard for their professionalism and we will be able to leverage their knowledge of the market and their relationships."

"Regional firms such as ours realize that in order to accommodate our larger global clients, it is important to be part of a global platform that provides additional infrastructure and support," said Reid Blynn, managing partner of Smith Mack and a significant member of the Greater Philadelphia commercial brokerage community for over twenty-five years. "As one of the leading real estate services firms in the world, Newmark Knight Frank's global expertise in brokerage, property and facilities management, project management, consulting, financing and investment sales is a perfect fit for our firm."

"We will be able to leverage their vast resources," said partner and co-founder Sidney V. Smith, Jr., a veteran of nearly three decades in the Philadelphia area commercial real estate market. "We are very excited to join Newmark Knight Frank."

Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 200 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $32 billion with annual revenues of over $811 million. With a combined staff of more than 6,300, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.