Detroit (December 15, 2009) Newmark Knight Frank recently negotiated the lease of 41,503 square feet of premium office space located at 5600 New King in Troy, Michigan on behalf of Henry Ford Health Systems. Henry Ford Health Systems is one of the nations leading health care providers, was founded in 1915 by Henry Ford, and is a Michigan non-profit health care system governed by community leaders. Mitchell Lipton, 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.