NEW YORK — (Realty News Report) – Newmark Knight Frank, a global commercial real estate advisory firm, has agreed to acquire Dallas-based Jackson Cooksey, corporate tenant representation real estate agency.
James C. Cooksey, who will join NKF’s Texas office as Vice Chairman and President of Tenant Representation Texas, founded the Dallas-based Jackson Cooksey Company in 1982.
Jackson Cooksey, which has a total of 70 professionals, is ranked among the largest commercial real estate brokerages in Texas and has an average broker tenure of 20 years. In addition to its Dallas operations, Jackson Cooksey has locations in Houston, Austin and Denver.
“The acquisition of Jackson Cooksey is an important step in NKF’s mandate to expand coverage in key markets and bolster service offerings to provide an unparalleled platform to clients regionally and worldwide,” said Chief Executive Officer of Newmark Group, Inc. Barry M. Gosin, “Specifically, the Jackson Cooksey acquisition expands NKF’s corporate tenant advisory services for office and industrial users, throughout Texas.”
“NKF’s growth throughout the state of Texas increases our ability to provide client-centric real estate services, and the addition of these superior Jackson Cooksey professionals to our team strengthens our core competencies,” said Neal Golden, president of NKF’s Texas region.
The NKF firm made another significant move in Dallas earlier this year with former Dallas Cowboys star Emmitt Smith.
Smith and NKF, through a partnership, created a new real estate company, E Smith Advisors LLC, which focuses on commercial brokerage, mortgage banking and commercial leasing.
Newmark Knight Frank operated by Newmark Group is one of the world’s leading commercial real estate advisory firms. Newmark Group has over 4,900 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.