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

LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

La Mirada industrial building

Clarion pays $77M for La Mirada industrial project