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Terry Coyne

Vice Chairman

Cleveland
tcoyne@ngkf.com 216.453.3001

Member, Newmark Industrial Leadership Council (ILC)

Terry Coyne is a vice chairman in Newmark’s Cleveland office, where he specializes in large, complex, industrial and investment properties covering the northern part of the state of Ohio. Over the past ten years, Mr. Coyne has been involved in the sale or leasing of more than 1.0 billion dollars’ worth of real estate.

PROFESSIONAL ACHIEVEMENTS:

  • Top Producer, Newmark Cleveland office, 2002 - present
  • Top Producing Industrial Broker, Newmark, 2013 and 2014
  • Top 20 Broker Nationwide, Newmark, 2014
  • Top 50 Broker Nationwide, Newmark, 2013
  • Multiple award winner, Broker of the Year, Industrial Transaction of the Year, Investment Broker of the Year, NAIOP

PROFESSIONAL AFFILIATIONS:

  • Member, Society of Industrial and Office Realtors (SIOR)
  • Member, Cleveland Area Board of Realtors (CABOR)
  • Member, Industrial Leadership Council, Newmark
  • Certified Commercial Investment Member (CCIM)

PERSONAL AFFILIATIONS:

  • Board Member, Rock and Roll Hall of Fame Museum
  • Board Member, Village Capital Corporation
  • Board Member, Magnificat High School

Mr. Coyne earned a master’s degree from the University of Chicago and a Bachelor of Arts degree from the University of Notre Dame. He also studied at St. Catherine’s College, Oxford University.

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RECENT TRANSACTIONS:

Investment Sales:

  • Geis Development-10 building, 851,000-square-foot Northeast Ohio portfolio totaling $51.0 million
  • Thackeray Partners-255,000-square-foot industrial building in Twinsburg for $15.0 million
  • Hackman Capital-170,000-square-foot industrial building in Strongsville for $9.2 million
  • 15 TIC owners-200,000-square-foot industrial building in North Jackson for $8.45 million

Landlord Assignments:

  • Optima Ventures, the landlord of three downtown Cleveland office buildings totaling more than 1.6 million square feet
  • Rubbermaid in the disposition of its 1.3 million- square-foot Wooster facility
  • First Industrial, Inc., the landlord of more than 870,000 square feet in five Class A industrial buildings in Glenwillow (Within a three-year period, Mr. Coyne increased occupancy from 62% to 98%.)
  • Equity Industrial Partners in leasing 750,000 square feet for three years in Maple Heights

Tenant Representation:

  • Scannell Properties in the acquisition of the 2.2 million-square-foot former Chrysler Stamping Plant in Twinsburg, Ohio, which is being redeveloped into a new, 162-acre industrial park
  • L’Oreal in the 649,000-square-foot, build-to-suit facility in Streetsboro
  • GOJO Industries in the lease of 350,000 square feet of warehouse space in Wooster
  • Rosetta Marketing Group, headquartered in Princeton, NJ, in the lease of 80,000 square feet of space in downtown Cleveland
  • Vox Mobile in the lease of 31,000 square feet of space in Independence
The listing of this building had a lot of uncertainty and parties involved. We knew we had to hire a knowledgeable, ‘get-it-done broker’ in order to have all players satisfied at the end of the day. Terry helped us accomplish our goal and we would not hesitate to use him with other projects in Northeast Ohio.

The listing of this building had a lot of uncertainty and parties involved. We knew we had to hire a knowledgeable, ‘get-it-done broker’ in order to have all players satisfied at the end of the day. Terry helped us accomplish our goal and we would not hesitate to use him with other projects in Northeast Ohio.

David Elson, President, Neyer Management

David Elson, President, Neyer Management

Team Member

Kristy Hull
Managing Director

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