News Summary

Newmark is making significant strides in its expansion plans across the U.S. with several key hires in Los Angeles, San Francisco, and Miami. The additions of high-profile executives promise to enhance their retail and healthcare services while a monumental $7.1 billion construction loan for an AI-focused data center marks a pivotal moment for the firm’s growth. Additionally, Newmark is integrating its Property Management and Facilities Management services for better client solutions. This series of developments underscores Texas’s booming business landscape and Newmark’s commitment to leading the way across various sectors.

Exciting Times in Texas Business: Newmark and Other Key Hires Make Big Moves!

Texas is buzzing with excitement as major real estate firm Newmark kicks off an ambitious expansion. This time, they’re not just operating in the Lone Star State; they’re making a splash across key cities in the U.S. with some impressive new hires aimed at bolstering their retail and healthcare services. Buckle up, because this is a ride you don’t want to miss!

Newmark’s Star Players

In sunny Los Angeles, Newmark has welcomed Jonathan Schley and Andrew Turf as vice chairmen. These two veterans, fresh from CBRE, are bringing years of experience under their belts. They’ve worked with high-flying luxury brands like Audemars Piguet, Byredo, and Baccarat, helping them expand globally and tackle challenging first-to-market projects. Their expertise doesn’t stop there; they’ve also consulted for real estate development firms such as Anderson Real Estate and Caruso. Talk about a power duo!

Moving over to the tech-savvy San Francisco office, Ben Lazzareschi has joined as a senior managing director. Also coming from JLL, he’s ready to stir things up. Alongside him is David Kessler, who’s been hired as an associate director. Kessler isn’t new to managing high-profile clients, previously leading leasing efforts for names like Williams Sonoma and Shake Shack. With such talent on board, San Francisco is sure to see impressive growth!

Expansion Continues in Miami

Meanwhile, Miami is also getting in on the action. Newmark has brought on board Greg Masin and Frank Begrowicz as executive managing directors. These two were previously with Cushman & Wakefield and have significant experience in expanding brands like Supreme, Fendi, and Zara throughout South Florida. They’ve made their mark in trendy neighborhoods such as South Beach and Wynwood. Miami’s retail scene is about to get even hotter!

Texas also Sees Exciting Developments

In other Texas news, savvy firm Avison Young has promoted Sullivan Johnston to senior vice president in its Austin office, while also bringing in Stefan Ivanisevic as vice president in Chicago. At the same time, JLL is boosting its team in Dallas with the addition of Steve Echols as a senior vice president on its project development services team.

But that’s not all! Lincoln Property Co. is stepping things up with a major expansion in healthcare real estate in Florida, welcoming Brian Wilcox, Matt Poncy, and Jonah Puttbach to their team. Wilcox brings nearly two decades of experience and will lead their healthcare brokerage for the Southeast. It sounds like they’re poised for impressive advancements!

Newmark’s Monumental Construction Loan

Now, let’s talk about the jaw-dropping $7.1 billion construction loan that Newmark has orchestrated for the second phase of an AI-focused data center campus in Abilene, Texas. Yes, you read that right! The total cost of this project is anticipated to soar to $15 billion, with a colossal facility set to support AI applications and cloud computing. Major financial backing from J.P. Morgan and a team of institutional lenders is making this dream a reality. Talk about making waves!

Optimizing Operations for Clients!

Newmark has been busy in-house too! They just unified their Property Management and Facilities Management service lines to create more integrated solutions for clients around the globe. With Richard Holden stepping up as President and Jason Martindale taking the reins as Global Facilities Management Leader, they’re setting the stage for optimized operations and sustainability improvements. That’s a smart move for the future!

As Texas continues to grow and thrive in the business world, it’s heartening to see such positive developments across sectors. Newmark and other companies are pushing boundaries and setting the stage for an exciting future ahead. Texas is indeed a land of opportunity!

Newmark Expands Influence with Key Hires Across the U.S.