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Wednesday, 01/18/2012 8:23:28 AM

Wednesday, January 18, 2012 8:23:28 AM

Post# of 11446
From Yesterday's 8-k

"On January 16, 2012, Grubb & Ellis Company (the “Company”) entered into an exclusivity agreement (the “ Exclusivity Agreement ”) with BGC Partners, L.P. (“ BGC ”) pursuant to which BGC has the exclusive right commencing on January 16, 2012 and expiring on January 31, 2012 to pursue a potential debt or equity financing and/or a strategic transaction with the Company."



About BGC Partners

BGC Partners, L.P. operates as an inter-dealer brokerage company. It provides integrated voice and electronic services to wholesale fixed income, interest rate, foreign exchange, and derivative markets in the United States and internationally. The company provides brokerage services, including price discovery trade execution straight through processing and clearing, and settlement and access to electronic trading services. BGC Partners, L.P. provides its brokerage services to banks, brokerage houses, and investment banks for various global financial products, including fixed income securities, foreign exchange, equity derivatives, credit derivatives, futures, structured products, and other instruments. The company was incorporated in 2004 and is based in New York, New York. BGC Partners, L.P. operates as a subsidiary of BGC Partners, Inc.

investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=21933412

www.bgcpartners.com/


BGC Partners Inc.is listed on the NASDAQ (Symbol: BGCP); market cap of $800m. And the company is in acquisition mode in the real estate sector!

BGC Partners Announces Closing of Acquisition of Newmark Knight Frank
NEW YORK, Oct. 14, 2011 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC"), a leading global brokerage company primarily servicing the world's largest financial institutions, today reported that it has completed its previously announced acquisition of all of the outstanding shares of Newmark & Company Real Estate, Inc., a leading U.S. commercial real estate brokerage and advisory firm serving corporate and institutional clients, plus a controlling interest in its affiliated companies, encompassing approximately 425 brokers. Newmark & Company Real Estate, Inc. operates as Newmark Knight Frank ("Newmark") in the United States and is associated with London-based Knight Frank. Headquartered in New York, Newmark has offices in over 40 key markets. Providing clients with a single source for every aspect of occupying or owning a property, Newmark offers a complete range of leasing and corporate advisory services, investment sales and financial services, consulting, project and development management, and property and facilities management.
(Logo: photos.prnewswire.com/prnh/20110720/MM38935LOGO )
The acquisition of Newmark is expected to be accretive to BGC. BGC will provide fourth quarter guidance that incorporates Newmark's business in BGC's third quarter financial results press release and conference call on Thursday, October 27, 2011.
The global partnership between Newmark and Knight Frank operates more than 240 offices in established and emerging property markets with 7,000 employees on five continents, including approximately 1,600 brokers and other employees throughout the U.S. BGC intends to aggressively drive Newmark's growth by attracting experienced brokers, investing in proprietary technology, and capitalizing on Newmark's extensive domestic relationships and international reach.
http://www.prnewswire.com/news-releases/bgc-partners-announces-closing-of-acquisition-of-newmark-knight-frank-131881648.html






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