10/29/2024 | Press release | Distributed by Public on 10/29/2024 08:27
October 29, 2024 9:00 AM
Newmark is pleased to announce the promotion of tenant advisory expert Jim Damiani, CCIM, SIOR, to Vice Chairman. Damiani leads a team of highly experienced professionals that specializes in tenant/buyer representation for local and national firms in the Minneapolis/St. Paul market and across the globe.
With more than 35 years of experience, Damiani is regarded as among the most successful and recognized leaders in the Minneapolis commercial real estate market, known for his highly curated and hands-on approach to his clients. Throughout his tenure at Newmark, Damiani has closed over 300 transactions, representing 6 million square feet and an aggregate value exceeding $1 billion. Additionally, he spearheaded the development of a propriety database that helps support efforts to recruit, engage and retain a productive workforce and obtain the best economic transaction with maximum lease flexibility for the client.
"We are honored to mark the continuation of Newmark's longstanding partnership with Jim with this promotion, which importantly celebrates his distinguished track record and expertise," said Jesse Van Dyke, Executive Vice President and North Central Region Market Leader. "We look forward to continuing to witness Jim's unparalleled dedication to the growth of our business, empowering professionals and advancements within the Minneapolis commercial real estate market."
Damiani is an active member of Society of Industrial and Office Realtors (SIOR), Minnesota Commercial Association of Realtors (MNCAR), Business Journals' Leadership Trush and President of Newmark's Occupier Advisory Group (OAG). In celebration of his accomplishments, Damiani has been recognized with several industry-relevant awards, the most recent being his induction into Marquis' Who's Who in America, Newmark's Top 50 Company Brokers, CoStar's Power Broker and Midwest Real Estate Magazine's Hall of Fame.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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