Detroit (March 18, 2010) Newmark Knight Frank recently negotiated the lease of 29,937 square feet of premium office space located at 700 Tower Drive in Troy, Michigan, on behalf of the tenant, BeneSys, Inc. BeneSys provides administrative and I.T. services to clients, along with representing over 120 Trust Funds in Michigan, California, Missouri, Iowa, Kentucky and Ohio. Steve Morris, executive managing director and principal of Newmark Knight Frank, negotiated the lease on behalf of the tenant in this transaction.
Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 200 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $32 billion with annual revenues of over $811 million. With a combined staff of more than 6,300, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.