The Women's National Basketball Association (WNBA) and Newmark Knight Frank arranged a new partnership agreement that makes the firm one of the first Official Commercial Real Estate partners in league history.
"We are excited to join a leading company such as Newmark Knight Frank in a partnership that allows their brand to connect with our teams and fans," said WNBA president Donna Orender. "As the WNBA continues its momentum into the 2010 season, we look forward to doing great business together nationwide."
Newmark Knight Frank—best known for its comprehensive real estate solutions to many of the most prominent corporations, property owners, investors, and developers across the globe—will serve as the Official Commercial Real Estate Advisor for the WNBA.
"We are thrilled to support professional women's sports and partner with the WNBA," said Barry Gosin, CEO of Newmark Knight Frank.
Brooklyn, MA Investment Property Realty Group (IPRG) has closed the sale of 129 Jackson St., a multifamily building located in the Williamsburg section of the borough, for $2.15 million.
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