Shannon, Kevin — Newmark Knight Frank | Los Angeles Business Journal

Shannon, Kevin — Newmark Knight Frank

Co-Head of U.S. Capital Markets

Newmark Knight Frank

THE LATEST: Shannon, who has been with Newmark Knight Frank for four years, focuses on capital markets in the West. In 2019, he did $8.23 billion in deals across 138 transactions and more than 27 million square feet, up from 112 transactions valued at $5.96 million in 2018. Shannon's biggest L.A. deals include C3, 101 Continental and Corporate Pointe at West Hills. Morgan Stanley sold a 49% partial interest in C3, valuing the property at $260 million, to PNC and IDS Real Estate Group. 101 Continental, in El Segundo, sold for $138.5 million in May. Corporate Pointe, in the San Fernando Valley, sold for $163 million.

BACKGROUND: Shannon is based in Newmark Knight Frank's El Segundo office. He oversees a team of 30 people focused on investment properties. Over the past 24 years, he has sold more than $73 billion of office, industrial, self-storage, retail, land and mixed-use assets. Shannon was previously a vice chairman and managing director for the West Coast Institutional Investment Group at CBRE Group Inc., where he also led the Western United States Office Vertical.

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