Hitting the Gas

Newmark Knight Frank Senior Managing Director Rick Narkiewicz had worked with Chromalloy Gas Turbine Corp. for years, ever since he'd cold-called the company and helped it find a 9,000-square-foot space needed for a short-term expansion.

So he wasn't at all surprised in early 2016 when his primary contact at the Palm Beach Gardens-based firm asked him to do site selection throughout Florida for a joint venture the company was entering.

The new venture required roughly 200,000 square feet, Narkiewicz was told — a curiously large amount of space for a startup. It sought an existing building, but would consider new construction if the location was right.