CA RE License #01916673
Lucas Lugo joined Newmark in 2014, bringing with him a vast amount of public sector leasing experience. Mr. Lugo currently serves as a Director at the company’s Sacramento office and specializes in State office leasing throughout the State of California.
Mr. Lugo joined Newmark after working for the California Department of General Services since 2007. As a real estate leasing officer in the Southern California and Sacramento regions, he completed some of the area’s most significant transactions for the state. He oversaw every phase of state leasing: identifying client needs and available space; lease negotiations; composing lease documents; and educating Lessors on state requirements and processes. He received the prestigious “Director’s Award” for excellent performance, and has successfully completed more than 2.0 million square feet of internal transactions throughout the state of California.
Mr. Lugo is now utilizing his internal state leasing experience to provide State Lessors with a higher level of understanding to obtain new state tenancy, renew existing tenants and successfully navigate the state’s build-to-suit process. Mr. Lugo helps state Lessors understand the States motivations and requirements that differ between a field office, back office or headquarter facility which is critical in properly setting Lessor expectations and successfully consummating a deal.
A few of Mr. Lugo’s most recent State Landlord clients include Buzz Oates, Basin Street, Magnon Companies, and Evergreen Company. Prior to separating from the state his clients included California’s Department of Child Support Services, Department of Motor Vehicles, Employment Development Department, Department of Justice and Department of Consumer Affairs; the California Board of Equalization; the California Student Aid Commission; and the California Prison Industry Authority.
Partial Client List
- Buzz Oates
- Evergreen Company
- Omninet Capital
- Basin Street Properties
- KBS Realty Advisors
- JMC Homes
- Magnon Companies
- Harsch Investment Properties
- California Forestry Association
- Elliot Homes, Inc.
- Opening Doors, Inc.
Mr. Lugo graduated from California State University, Sacramento with a Bachelor of Science degree in business with an emphasis in real estate and land use.