Andrew Farkas’ Company to Buy Commercial Firm NAI

Posted by on Jun 27, 2011

Investor Andrew Farkas, who helped grow the dominant New York-based Edward S. Gordon Company into a global firm that was later acquired by CB Richard Ellis, plans to purchase the commercial services firm NAI Global, according to a statement from the company.

Andrew Farkas’ C-III Capital Partners, based in Irving, Tex., entered into an agreement today to buy the company. Terms of the sale were not released. The deal is expected to close in the third quarter.

See the full article on The Real Deal.