Detroit (July 27, 2009) — Newmark Knight Frank recently negotiated the lease of 13,498 square feet of premium office space located at 25330 Telegraph Road in Southfield, Michigan, on behalf of Compsat Technology, Inc. Compsat was founded in 1995, specializes in building enterprise applications along with the infrastructures that support them, and is focused on services for information management protection, and protecting critical business data. Mitchell Lipton, Principal, and Ben Herman, Associate Director 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 6,900, 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.