Newmark Names Chris Lemmon to Lead its Sacramento and Roseville Offices

9:30 AM

Newmark has announced, effective May 1, 2018, that Chris Lemmon has been named Executive Vice President. With this move, Lemmon will take over management of the Sacramento and Roseville offices of Newmark.

Born and raised in Sacramento, Lemmon is a fourth-generation resident of the city. While attending San Diego State University, Lemmon had worked at CBRE, where he fell in love with commercial real estate. Upon graduation he returned to Sacramento and was hired by Senior Managing Director John Frisch to work at Cornish & Carey, now Newmark.

“I built my career at Newmark. That’s why I am so proud to take on this important role to help expand the firm’s market presence, while working directly with exceptionally talented real estate experts,” Lemmon said.

Further testament to his commitment to the community, Lemmon serves on the board for Opening Doors, Inc and is Board member and Vice President at The California Automobile Museum. In 2014 he was named Young Professional of the Year by the Roseville Chamber of Commerce and has been involved with the Jesuit High School Alumni Council. He is also a past active member of the 20/30 Club #1 of Sacramento, and member of the Association of Commercial Real Estate (ACRE) and the Sutter Club.

At Newmark, Lemmon is an office property specialist, focused on the leasing and sale of office space predominately in Placer County. He also works with tenants in the charter school sector and in the growing Sacramento technology sector looking to acquire new facilities. Lemmon joined Newmark’s Sacramento office in 2006 before transferring to the Roseville office, where he has been consistently recognized as a Top Producer. He received the Newmark Network Award in 2014.

“When I came to Roseville, we were looking to grow the office. Now we are one of the dominant leasing offices in this market,” said Lemmon. “Our platform keeps getting better and better, which is demonstrated by our explosive growth at the local and national level.”

According to Lemmon, a primary focus will be recruitment of top players. “I am excited to usher in this new chapter of Newmark’s success in Sacramento and Roseville. I have been preceded by great agents and managers who have contributed to my success and grown this office to what it is today. Looking forward, using this well-established reputation and combining it with the growth of our platform, I think we have a lot to be excited about in the services and abilities that we can provide to both our agents and clients.”

Lemmon takes over the management role from Newmark Regional Manager Devon Atlee, who has been overseeing the offices since 2014 after taking over for Frisch. He successfully ran the offices for 23 years and was involved in Atlee’s transition to regional manager just as Atlee will oversee Lemmon’s succession.

“The Newmark culture is what makes the difference and it’s been important to our recruitment and retention,” said Atlee. “It’s what I have strived to maintain over the last few years. Looking ahead, I know that Chris feels the same way and has the vision and energy to continue to build the platform for the long term.”

Atlee noted that he is looking forward to getting back into the day-to-day business, working with his clients. Atlee joined Newmark’s Sacramento office in 1994, specializing in the representation of both tenants and property owners in the leasing and disposition of office buildings. Atlee was one of the firm’s Top Performers for Sacramento from 1994 to 2014 and finished among the company’s Top 20 eleven times and Top 10 five times. Atlee, a Sacramento native, began his commercial real estate career in 1986 while completing his senior year at UCLA.

About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.

Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our 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. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.

Newmark, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol “BGCA”.

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 and BGC’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.