As a senior managing director in Newmark’s New York office, Brian Segall focuses on investment opportunities primarily in New York City and the tristate area as well as select urban markets. Working closely with the Newmark retail leasing team, Mr. Segall is active in retail-driven assets and possesses in-depth knowledge of market trends. He has been responsible arranging sales with an aggregate value of approximately $1.1 billion.
Mr. Segall’s recent transactions include a Lower SoHo retail portfolio, which consisted of seven assets, for a combined $100 million; and NY REIT’s Manhattan retail portfolio, consisting of four Bleecker Street retail condominiums, two retail/garage condominiums in Tribeca and Times Square, and a multi-tenant retail condominium in the West Village for a combined $99 million.
Other notable sales transactions Mr. Segall arranged include the $87 million acquisition of the three-story retail condominium at 412 West 14th Street in the Meatpacking District on behalf of Union Investments, the sale of the building at 1151 Third Avenue for $27 million on behalf of Acadia Realty Trust and the sale of the retail condominium at 339 Greenwich Street for $11.72 million to Vornado Realty.
Prior to these transactions, Mr. Segall was instrumental in the transformation of the Bowery and NoHo neighborhoods, where he represented buyers and/or sellers of numerous properties, including 250 Bowery, 260 Bowery, 325 Bowery, 328 Bowery and, most recently, 347 Bowery, which sold for $20.3 million. Mr. Segall also arranged the $11 million sale of the retail condominium at 50 Bond Street and the sale of the retail co-op at 682 Broadway in NoHo.
Mr. Segall has also been active in New York’s outer boroughs. He arranged the $10.3 million sale of the 7,500-square-foot, mixed-use property at 292 Atlantic Avenue, the $18.5 million sale of the 10,000-square-foot retail property at 197-205 Smith Street and the $7.5 million sale of the retail space at 882 Fulton Street in Brooklyn. In Long Island City, he was responsible for the $42 million sale of a 325,000-square-foot industrial property at 47-25 34th Street.
In the greater New York area, Mr. Segall arranged the $64 million sale of The Plaza at Harmon Meadow, a multi-building retail/office property in Secaucus, New Jersey. He also represented Vornado Realty Trust in the acquisition of the 167,000-square-foot, mixed-use 1100 Lincoln Road in Miami for $132 million and the buyer in the $21 million acquisition of 35 North State Street in Chicago’s Loop.
Mr. Segall joined Newmark in 2019, when parent company Newmark Group, Inc. acquired New York-based retail real estate brokerage RKF. He began his career in sales at Endai Worldwide, a digital media firm, where he became a division vice president.
Mr. Segall is a member of the International Council of Shopping Centers (ICSC) and serves on the New Leadership Committee of Israel Bonds’ Real Estate & Allied Industries Division. He is a licensed real estate salesperson in the state of New York.
Mr. Segall earned his Bachelor of Arts degree in economics from Emory University.