Detroit (April 28, 2009) — Newmark Knight Frank recently negotiated the lease of 7,811 square feet of premium office space, located at 9815 S. Monroe Street, Salt Lake City, Utah, on behalf of Burns & Wilcox, LTD. Founded in 1969, Burns & Wilcox, LTD is ranked as North America’s largest independently owned insurance wholesaler. With 38 offices in 24 states, Burns & Wilcox, LTD have more than 26,000 agencies, which represent and service 250 insurance carriers, international and domestic. Steve Morris, Executive Managing Director & 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 Newmark operate from over 195 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $47.6 billion with annual revenues of over $962 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.