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Newmark Grubb ACRES was founded in Salt Lake City, Utah in 1998 as a full service commercial real estate brokerage. It has since grown to include property management, property maintenance and global corporate services. For nearly two decades Newmark Grubb ACRES has been an industry leader and has consistently been recognized as one of Utah’s top commercial real estate brokerages. About Newmark Grubb Knight Frank Newmark Grubb Knight Frank is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 12,000 professionals operate from more than 320 offices in established and emerging property markets on five continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.

NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visitwww.bgcpartners.com.

Tel: 801.578.5555 Fax: 801.578.5500 www.ngacres.com 376 East 400 South, Suite 120 Salt Lake City, Utah 84111 Contact: Tami Goodwin Office:801.578.5554 Email:tgoodwin@ngacres.com

Capital Freight Leases Industrial Building in Pioneer Business Center

Newmark Grubb ACRES (NGA) is pleased to announce the lease of 88,000 SF to Capital Freight Management. Located at 1855 S Fremont Drive in Salt Lake City, Utah, this industrial building sits on 5.6 acres in the Pioneer Business Center.

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Newmark Grubb ACRES was founded in Salt Lake City, Utah in 1998 as a full service commercial real estate brokerage. It has since grown to include property management, property maintenance and global corporate services. For nearly two decades Newmark Grubb ACRES has been an industry leader and has consistently been recognized as one of Utah’s top commercial real estate brokerages. About Newmark Grubb Knight Frank Newmark Grubb Knight Frank is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 12,000 professionals operate from more than 320 offices in established and emerging property markets on five continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.

NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visitwww.bgcpartners.com.

Tel: 801.578.5555 Fax: 801.578.5500 www.ngacres.com 376 East 400 South, Suite 120 Salt Lake City, Utah 84111 Contact: Tami Goodwin Office:801.578.5554 Email:tgoodwin@ngacres.com

Newmark Grubb ACRES Vice President Eli Priest represented Capital Freight in this transaction. Executive Vice President Jeff Heaton and Senior Vice President Lucas M. Burbank represented the landlord, Colony Industrial.

Capital Freight Management is in the agriculture industry and will be buying local hay and barley to ship oversees to China and other Asian countries.

Regarding the transaction, Priest said, “The requirement was not your typical requirement. But once we found the right building, we were able to work closely with Colony Industrial. We quickly came to terms and had both the Landlord and Tenant excited to move forward.”