Newmark Group Inc.

09/16/2024 | Press release | Distributed by Public on 09/17/2024 15:36

Newmark Welcomes Mark Fox as Senior Managing Director, Expanding Tenant Representation in Seattle

September 16, 2024 9:00 AM

Newmark announces that Mark Fox has joined the company as a Senior Managing Director in the Seattle office, bringing over two decades of specialized experience in tenant representation. Fox will leverage his extensive expertise to further strengthen Newmark's tenant representation services in the Puget Sound region, teaming with Executive Vice President, Market Leader Seattle & Bellevue Charlie Farra. Throughout his career, Fox has developed long standing relationships built upon trust with many of the Pacific Northwest's most respected companies ranging from local startups to established multinational companies. He has completed hundreds of tenant representation assignments totaling in excess of 4.5 million of square feet.

"Mark's addition signifies a key moment of growth for the region, building on the momentum of hiring key multi market tenant representation teams in San Francisco and Los Angeles," said President of Leasing for North America Liz Hart. "Mark's expertise in focusing on client centric solutions complements our strategic direction for occupier service offerings, and we are confident that his impact will be immediate in further solidifying a leading position in Puget Sound."

"We are thrilled to have Mark join our team, a move that effectively doubles our team's capacity to service clients in the region," said Farra. "Mark's extensive expertise and proven track record align with our strategic goals, offering significant advancements in client engagement and service delivery. His dedication to client service and strategic insights make him a trusted advisor in the industry and a valuable addition to the Newmark team."

Prior to joining Newmark, Fox served as a Partner and Executive Vice President at both Washington Partners/JLL and also Flinn Ferguson Cresa. Fox's decades of experience coupled with his in-depth working knowledge of the market enables him to clearly define client objectives, customize real estate strategies, navigate complex negotiations and skillfully position clients for the most successful outcome.

"I am excited to bring my expertise in tenant representation to a company renowned for its platform and excellence in this field," said Fox. "I look forward to collaborating and combining efforts with the Charlie, longtime colleagues and the whole of Newmark's talented team to drive successful real estate outcomes while delivering unmatched client satisfaction and market leadership."

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.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.