Newmark Knight Frank (NKF) Global Corporate Services (GCS) has been retained by McAfee, Inc. to provide a comprehensive management program of real estate services, according to GCS chairman Michael Ippolito. The assignment encompasses two million s/f for McAfee, Inc.
"Newmark Knight Frank recently restructured its Global Corporate Services business into a fully integrated global platform that provides seamless beginning-to-end corporate services solutions on a worldwide basis," said Ippolito. "Our new methodology has been well received by major corporations such as McAfee, Inc., which sought a single service source for its global real estate portfolio."
"McAfee's involvement with Newmark Knight Frank has been a breath of fresh air. We have locations across the Globe and Newmark Knight Frank's approach to real estate and operations has taken the guesswork out of identifying optimal labor forces and locations. By working together with Newmark Knight Frank, we have a streamlined process that properly manages expectations and saves us a tremendous amount of management's time."
"As part of this assignment, we will be conducting a global site search for McAfee," said Newmark Knight Frank managing principal Seth Weinstein, who is heading the account. "The company is planning to hire another 1,200 people across several different business units, but predominantly sales and engineers. We will be siting the next global frontier for McAfee as it seeks to become the provider of choice in each new market."
"McAfee will be able to take advantage of our fully integrated approach, where we will be looking at its global footprint and advising the company on the optimal use of its corporate real estate," said Ippolito. "As part of our integrated approach, we will focus not only on the company's real estate but also the company's total spend."
Prior to the McAfee, Inc. assignment, Newmark Knight Frank GCS recently assumed management of the portfolio of Avaya, encompassing nearly eight million s/f at 277 locations worldwide. As Avaya's full outsourcing provider, Newmark Knight Frank GCS reviews and assesses the company's existing processes and core objectives on an ongoing basis, proposing strategies that utilize Newmark Knight Frank's model of integrated services and continuous improvement.
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking