9:30 AM
Newmark is pleased to announce the addition of Andrew Briner as executive managing director. An industrial investment specialist, Briner will further round out the Western U.S. capital markets team, led by Kevin Shannon, Newmark Co-Head, U.S. Capital Markets.
“Andrew joins our Newmark institutional capital markets team with a reputation, skill set and work ethic that embodies Newmark’s mission and core values. Culture is a big part of our firm’s DNA and we continue to focus on key individuals and teams that have a high standard of excellence by putting our clients’ interests first,” said Newmark Executive Vice President, Head of Industrial Services, Paul Klink, SIOR. “With this strategic hire, our capital markets team will be working closely with our top agency and occupier professionals in the western states to deliver best in class service to our clients.”
Throughout the course of his career, Briner has excelled in the disposition and capitalization of institutional investment properties throughout the Western U.S. Over the past 14 years, he has completed transactions with an aggregate consideration exceeding $24.5 billion on behalf of REITs, pension fund advisors, private equity funds, national developers and private capital groups. Briner’s wide range of assignments include national portfolio dispositions, partial interest sales, forward take-outs, joint venture equity for development and structured land sales. Prior to joining Newmark, Briner served as managing director at JLL.
“Newmark’s growth trajectory over these last few years and rising dominance in capital markets has become a strong pull for the best talent in the industry,” added Greg May, Newmark executive vice president and West Region market leader. “Looking ahead, I have no doubt that with the leadership of Kevin Shannon and the outstanding investment experts that are now part of Newmark, we will remain a leading force in brokerage across the West Coast.”
“I am thrilled to join Newmark’s incredible platform. The firm is client-focused and committed to growing its capital markets presence. Newmark’s ability to provide world class institutional services to clients, while maintaining its entrepreneurial culture, is truly unique in the industry,” said Briner. “Furthermore, the opportunity to partner with Kevin Shannon, Bret Hardy, Jim Linn and the firm’s top-performing professionals throughout the western region is second to none.”
Briner further added, “Institutional capital continues to aggressively target the Western U.S. industrial market for investment across the risk spectrum. Our industrial team is uniquely positioned to deliver exceptional capital markets services to our clients throughout the capital stack and the duration of the investment lifecycle.”
About Newmark
Newmark (“Newmark”), 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, Newmark’s 18,000 professionals operate from approximately 480 offices on six continents. Newmark’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
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. 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.