
Steve Sprenger
Vice Chairman
Global Logistics
Newmark Grubb Knight Frank
18401 Von Karman Avenue,
Suite 150
Irvine, CA 92612
T 714.264.3993
steve.sprenger@nmrk.com
Years of Experience
30 years
Download Steve's Resume
Professional Background
Steve is in his 30th year of commercial real estate brokerage service all with Newmark Grubb Knight Frank (formerly Grubb & Ellis Company). He specializes in the leasing and sales of industrial facilities and land. His marketing focus is throughout Southern California specializing in Land/Development, Third Party Logistics, Distribution, Trucking and Investments.
Throughout his career, Steve has concentrated on Landlord/Owner and Tenant/Buyer representation. To date he has consummated building transactions representing over 30,000,000 square feet and land sales/leases in excess of 2,500 acres. Steve has also been involved in several cross dock/truck terminal developments and has leased and sold over 130 such facilities equaling $3B in value. Collectively, this represents over $5.5 billion in deal volume. He has an extensive client base from small businesses, regional companies and national corporations.
His listings include land, transportation related facilities (trailer yards/cross docks), manufacturing/distribution warehouses, and development projects. Steve was in the trucking industry for fifteen years before joining Grubb & Ellis. His background has proven to be very effective, not only with business development, but as a real estate consultant to Developers, third party logistics providers and trucking companies as well.
Career Highlights:
♦ Negotiated a 20 year rooftop solar lease valued at $12,200,000 on behalf of the Goodyear
Tire and Rubber Company.
♦ Consummated the largest industrial lease in the United States during 2007. Steve
represented a 27 acre development deal in Paramount, which transpired into a 551,897
square foot 30-year Lease valued at $207 Million.
♦ Facilitated a ten (10) year lease of a 551,987 square foot distribution warehouse in Chino.
♦ Had the largest listing and sale of a 420,000 square foot distribution warehouse in the Mid-
Cities/North Orange County area during 2000.
♦ Annual Top 5 Producer in Anaheim/Newport Beach Office since 1998
♦ Annual Circle of Excellence Award Winner
♦ Annual Top Producer Industrial Division Nationally
♦ Annual Top Broker Nationally
Logistics Background:
♦ Five (5) years as partner of a trucking and warehousing operation in the City of Commerce,
California. Prior to that, Steve worked as a youngster in his father's trucking and warehousing
business in Los Angeles. He also drove big rigs for 15 years and retains a Class A Commercial
Driver’s License to this day.
♦ Ten (10) years employed with Viking Freight System (now known as FedEx Freight), a national
LTL trucking company. Managed all facets of operations and was a public relations speaker for
Viking in conjunction with the American Trucking Association.
Business Affiliations:
♦ Active Member American Industrial Real Estate Association
♦ Allied Member California Trucking Association and Harbor Trucking Association
♦ Southern California Industrial Advisory Board
♦ President's Council Member
