Massey Knakal Realty Services is pleased to announce their #1 ranking for the ninth consecutive year on CoStar’s list of Top Brokerage Firms for NYC Commercial Property Sales. In 2010, Massey Knakal handled over 215 transactions totaling over $1 billion dollars. Based on number of transactions in Manhattan, Brooklyn, Queens and The Bronx, Massey Knakal closed three times as many transactions as its nearest competitor.
“Many of the transactions in 2010 were a result of a high level of activity from banks, other lending institutions and discretionary sellers. We feel that the Massey Knakal Territory System™ and our practice of only representing sellers made us a logical choice for these institutions and individuals who were seeking client loyalty, as well as neighborhood expertise throughout New York and New Jersey,” said Massey Knakal’s CEO Paul J. Massey Jr.
Several notable transactions completed by Massey Knakal are:
“We are very proud of our agents who have employed our competitive advantage to maintain our spot at the top of New York City’s building sales market. We believe that our new retail leasing and capital services divisions will provide complementary disciplines. As a result, we expect to ramp up our market share significantly,”
added Mr. Massey. Massey Knakal is the publisher of the quarterly Property Sales Report, the recognized source for all New York Metro detailed investment sales data.
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