Walchle Lear has been acquired by Newmark Grubb Knight Frank
The private shareholders of Walchle Lear Multifamily Advisors (Walchie Lear) have sold the company to Newmark Grubb Knight Frank (NGKF) for an undisclosed consideration.
Led by Bart Walchle, Steve Lear, Erik Bjornson and Tyler Nilsson, Walchle Lear specializes in the brokerage of multihousing communities and multifamily, residential and mixed use land throughout North Florida and Southeast Georgia. In addition to selling many of the area's institutional-quality multihousing communities, Walchle Lear has extensive experience marketing seasoned and value-add properties. Through its years of experience, the firm has gained a tremendous amount of respect within both the institutional and acquisition rehab investor communities. The firm also carries expertise in all issues related to development, including entitlement, growth management, planning and engineering. Based in Jacksonville Beach, Florida, Walchle Lear will operate under NGKF's ARA brand.
NGKF, a division of BGC Partners, Inc., is one of the world's leading commercial real estate advisory firms. With roots dating back to 1929, the firm's strong foundation makes it one of the most trusted names in commercial real estate. NGKF's full service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services.
Oaklins' team in Jacksonville advised the seller in this transaction.
Talk to the deal team
Related deals
RCN Vakantieparken has attracted international investor Blackstone to drive growth
RCN Vakantieparken, a leading owner and operator of spacious holiday parks and campsites across the Netherlands, France and Germany, has been acquired by Blackstone, a premier global investment firm. Blackstone will support the management team’s vision for the business and accelerate RCN’s growth potential with significant investment across its parks, while retaining its strong brand identity.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreBodegas San Francisco Perú has acquired Aldea Logística Global
Bodegas San Francisco Perú (BSF) has acquired Aldea Logística Global S.A. (ALG) for US$160 million. The acquisition was fully financed through a syndicated loan and represented a strategic opportunity for BSF to expand and consolidate its presence in the Peruvian real estate sector. The transaction added approximately 273,000 square meters (sqm) of gross leasable area (GLA) in Villa El Salvador, one of Peru’s most sought-after logistics hubs, bringing BSF’s total GLA in Peru to over 929,000 sqm.
Learn more