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Newmark Knight Frank’s Jim Clark Promoted to Market Leader of Columbus, Cleveland, Cincinnati and Pittsburgh Offices

Columbus, OH (08/08/2019)

10:43 AM

Newmark Knight Frank (NKF) Executive Managing Director Jim Clark has been promoted to the position of market leader of the Columbus, Cleveland, Cincinnati and Pittsburgh markets, expanding his role beyond the Columbus office. As market leader, Mr. Clark will specialize in new business development and partner with Executive Managing Directors in each office, including Doug Altemuehle, Wayne Hach, and Si Pitstick in the Cincinnati office, Robert Nosal in the Cleveland office and Gerard M. McLaughlin and Louis Oliva in the Pittsburgh office, to provide strategic operational leadership and growth initiatives for the respective markets.

"This is an incredible move for Jim and for NKF," commented NKF Executive Vice President and Central Region Market Leader Kevin McCabe. "We are very excited to expand Jim's role to encompass Cleveland, Cincinnati and Pittsburgh in addition to Columbus, where he has been providing strategic market leadership. This move will bolster our ability to better serve our clients and recruit brokerage professionals into these markets."

Mr. Clark, who has managed the Columbus office since 2016, has been involved in Central Ohio's office and industrial real estate markets since 1991 and offers significant experience in negotiating complex joint venture transactions as well as financing, incentives and infrastructure agreements. Over the course of his career, Mr. Clark has secured key office developments for high-profile clients including Nationwide Insurance, Discover Card, BMW Financial Services, Alliance Data Systems, CenturyLink and Lane Bryant. Additionally, he handled several significant industrial projects including Restoration Hardware, Mars Petcare, Kellogg, Kraft Foods and Bon Ton. Mr. Clark has procured more than $25 million in public infrastructure and has negotiated more than 15 million square feet of leases during his career.

"I look forward to the opportunity to work with top talent in Ohio and Pittsburgh to grow the markets by adding business and strategic recruits, as well as continuing to align our customers' requirements and NKF's service delivery," added Mr. Clark.

About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF's investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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. Except as required by law, Newmark Group 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 Group's Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.