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BGC Partners Continues Spree With Deal to Buy Real Estate Firm

By Tony Seruga

The brokerage firm BGC Partners is on a deal-making spree.

The firm announced on Monday that it had acquired Excess Space Retail Services, a specialist in helping companies get rid of their unused space, as it continues to build out its real estate offerings. Financial terms of the transaction were not disclosed.

The acquisition is the latest by BGC and its Newmark Grubb Knight Frank unit, coming just under two weeks after the firm bought Computerized Facility Integration, which helps real estate owners manage their assets…

BGC Partners Continues Spree With Deal to Buy Real Estate Firm

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