Colliers International’s former U.S. head Craig Robinson jumped ship to Newmark Grubb Knight Frank.
The 42-year-old on Monday started as NGKF’s head of global corporate services, catering to clients like Boeing and Dow Chemical, the Commercial Observer reported.
The commercial real estate brokerage business has been in a state of upheaval in recent years, with Cushman & Wakefield merging with DTZ ahead of a possible IPO and several high-profile personnel moves between firms. Colliers recently nabbed JLL’s top investment sales brokers Richard Baxter, Yoron Cohen and Scott Latham.
Newmark’s parent company BGC Partners appears poised to spin off the real estate brokerage into a publicly traded company. Newmark’s capital markets group generated $344.2 million in revenues last year, up 28 percent from 2015. [CO] — Konrad Putzier