Steve Sprenger
Executive Managing Director
Global Logistics

Newmark Grubb Knight Frank
18401 Von Karman Avenue,
Suite 150
Irvine, CA 92612
T 714.692.0591
ssprenger@ngkf.com

Years of Experience
25 years

Download Steve's Resume

Professional Background
Steve is in his 25th 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 23,000,000 square feet and land sales/leases in excess of 1,900 acres. Steve has also been involved in several cross dock/truck terminal developments and has leased and sold over 100 such facilities equaling $600M in value. Collectively, this represents over $3.8 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