Newmark poaches Colliers team to lead new office in the Valley

John DeGrinis and Patrick DuRoss will serve as executive managing directors

Jan.January 07, 2019 12:00 PM
From top left, clockwise: John DeGrinis, Patrick DuRoss, Jeff Abraham and Kate Borden (Credit: iStock)

There’s been a commercial shakeup in the San Fernando Valley.

Newmark Knight Frank has poached a four-person team from Colliers International to lead its new office in Woodland Hills, the company announced Monday.

The commercial brokerage hired John DeGrinis and Patrick DuRoss as executive managing directors. It also tapped Jeff Abraham and Kate Borden as senior managing director and brokerage services specialist, respectively.

Prior to jumping to Newmark, DeGrinis worked at Colliers for more than 33 years. He most recently served as senior executive vice president at the firm. DeGrinis specializes in industrial leasing, sales, land development and tenant representation in the Valley.

DuRoss was a senior vice president at Colliers, where he worked for more than 14 years.

In August, the team brokered a $29 million industrial sale in Chatsworth. DeGrinis, DuRoss and Abraham represented the seller, TA Realty, while an NAI Capital team represented the buyer.

For Newmark, the new office will be its sixth in Los Angeles County. The firm currently has offices in Century City, Downtown Los Angeles, Santa Monica, El Segundo and the City of Industry.

Related Articles

From left: Fran Flanagan, Rustin Mork, Danny Reaume and Troy Wooten

Movers & Shakers: Compass poaches another Coldwell Banker team, JLL beefs up industrial brokerage…and more

CEO of Public Storage Ronald L. Havner Jr. and the site in North Hollywood (Credit: Google Maps)

Public Storage is planning to nearly quadruple its space in North Hollywood

Optimus Properties, LLC cofounders Kamyar Shabani and K. Joseph Shabani and the building

Healthy investment: Optimus Properties buys medical office tower near $500M hospital expansion

From left: Arden Hearing, Spencer B. Kallick, Mark Nicoletti, Adam Candler and David W. Kidder

Movers & Shakers: Lendlease hires new West Coast development exec, Allen Matkins adds two partners & more

SCI paid $32 million for 28 acres next to its Groman Eden Mortuary and Eden Memorial Park (Credit: iStock)

A death services provider outmaneuvered local developers to win this sprawling piece of raw land

Southland Regional Association of Realtors President Dan Tresierras and the San Fernando Valley (Credit: Wikipedia)

San Fernando Valley might be selling homes slowly, but prices just won’t stop rising

From left: Loren Judd, Khalif Edwards, Jim Brooks, and Allan Brass

Movers & Shakers: Loren Judd jumps to Compass, Allan Brass jumps back to Savills… and more

Councilmember Bob Blumenfield and Bothwell Ranch

Putting the squeeze on development: LA councilman opposes sale of orange grove