Profile | Rick Narkiewicz

RICK NARKIEWICZ
Senior Managing Director
Newmark Grubb Knight Frank, Tampa

Rick Narkiewicz joined commercial real estate brokerage firm Newmark Grubb Knight Frank at the end of last year, after spending nearly 18 years at rival CBRE Inc., the world's largest commercial real estate services firm. An industrial specialist who focuses on the Hillsborough and surrounding submarkets, Narkiewicz is now working to boost Newmark Grubb's listings in the Tampa and Interstate 4 corridor areas. To that end, the firm was recently awarded the leasing assignment for Grand Oaks 75, a new, speculative industrial project slated to measure 169,000 square feet.

Growth in Tampa's commercial real estate market is showing few signs of waning across its various sectors. Do you see any external factors that could dent or derail the progress?
I don't see anything on the horizon, frankly. Tampa's industrial market, in particular, has been vibrant, and developers haven't introduced much new product, which has kept vacancies low and rental rates up. The flip side to that is, the weakness in the market, if you want to call it that, is there's such a lack of supply that deals aren't getting done because there's literally no space to go to.