The new Twin Cities NGKF team (from left to right): John McCarthy, Sherry Weaver, Jack Reipke, Maura Carland, Jim Damiani
A dynamic duo of industry veterans has opened a new Minneapolis office for New York-based commercial real estate firm Newmark Grubb Knight Frank (NGKF).
Jim Damiani, who has spent more than 20 years at what is now Colliers International | Minneapolis-St. Paul, will serve as executive managing director. John McCarthy, who has spent a similar amount of time at Cushman & Wakefield/NorthMarq, will work as the senior managing director.
“We plan to make this the best commercial real estate office in the Twin Cities with an emphasis on full service client advisory using our local expertise and global resources,” said Damiani, in an email Monday. “As you will see we are creative, enthusiastic and as always, we will have fun!”
The Minnesota location will offer services, including office, industrial, retail, property management, project management, and research.
“Damiani and McCarthy’s leadership is solidified by a 25-plus-year relationship that began competitively and evolved into a friendship; a bond that will now be the lynchpin of NGKF Minneapolis’ office culture,” according to a release from NGKF last week.
NGKF has more than 14,000 professionals who operate out of more than 400 offices worldwide.
“What is appealing and incredibly exciting about joining Newmark is the entrepreneurial spirit we have witnessed from the top of this organization down, and the fact that we already have CEO Barry Gosin’s cell phone on speed-dial,” said Damiani and McCarthy in a joint statement. “The wide range of professionals employed by the company, the deep roots of its affiliated organizations and knowing that all brokers are equity partners allow us to share best practices with some of the best, global minds in the financial and commercial real estate industries.”