Thomas H. Wootten has been named an executive managing director of Newmark Grubb Knight Frank Global Corporate Services (GCS) by Michael Ippolito, the chairman. Wootten, who is based in the company’s Denver office, represents national and international clients, specializing in corporate dispositions, asset monetization, and financial optimization of complex real estate assets.
“Tom has demonstrated great prowess in establishing GCS client relationships around the country and the globe,” Mr. Ippolito said. “He will continue to be a superb resource and conduit for all of our global service professionals.”
GCS is an internationally recognized leader among advisors, ranked among the 2012 Global Outsourcing 100® by The International Association of Outsourcing Professionals® (IAOP®).
“Developing and honing strategies with implementable solutions is a primary focus and strength for our company,” said Mr. Wootten. “Execution of the client’s decisions is critical and always the ultimate goal in providing advisory and consulting services. I see tremendous opportunity as our platform and resources continue to grow.”
Mr. Wootten, a Colorado native, has worked across the United States and throughout the world on all types of real estate, representing corporate ownership as well as investors. On the corporate side, he served as in-house director of real estate with responsibility for the full regional real estate portfolio of ATT Broadband/MediaOne and, previously, also managed the global portfolio of StorageTek.
Mr. Wootten is chairman emeritus of the private Aspen Academy preparatory school in Greenwood Village, Colo., and has taught real estate finance and development as an adjunct faculty member at the University of Colorado-Denver. He has lectured at the Brigham Young Law School and before numerous trade groups concerning investment, development and economic forecasting in real estate.
About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.
Newmark Grubb Knight Frank, together with its affiliates and London-based partner Knight Frank, employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.