NAI Global Strengthens Capabilities in France with Addition of New Members in Paris and Lyon
NAI Paris and NAI Kyrios Join Largest Independent Commercial Real Estate Network
NEW YORK, NY – December 3, 2014 – NAI Global, the single largest, most powerful global network of owner-operated commercial real estate brokerage firms, today announced the addition of two new French Member firms, NAI Paris and NAI Kyrios, to serve the two largest metropolitan areas in France. NAI Paris represents Île de France, the wealthiest and most populated region of the 27 administrative regions in France; NAI Kyrios serves the Rhône-Alpes region, which includes the cities of Lyon, Grenoble, Annecy, Valence, St. Etienne and Bourg-en-Bresse.
“France continues to drive Europe’s strong commercial real estate performance, with the Paris and Lyon markets attracting the most national and international investors,” said Jay Olshonsky, NAI Global President. “We are proud to strengthen the NAI Global footprint in this critical market and provide our Members and their clients access to the world’s fourth largest location for Fortune 500 companies.”
The Paris region is the largest office market in all of Europe, and is poised for continued, long-term growth. The Grand Paris Project, a massive urban development project that includes an overhaul of the region’s transportation infrastructure, will create new commercial real estate investment opportunities, particularly in office and retail. Retail continues to perform strongly, particularly with luxury foreign retailers entering the market. Lyon, the third largest city in Paris, has a strong industrial property market.
NAI Paris is a full service commercial real estate brokerage, specializing in office, retail, investment and property management, and is led by Michel Bensoussan. NAI Kyrious, based in Lyon, is led by Cyril Constantinoff and also specializes in industrial, office and retail.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, online capital markets, title services and multifamily property management. C-III’s principal place of business is located in Irving, TX, with additional offices in New York, NY, Greenville, SC and Nashville, TN.
To learn more, visit www.naiglobal.com.
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