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Newmark is pleased to announce that Bradford C. Fenlon has joined the team as executive managing director. Currently focused on tenant representation, Fenlon specializes in helping large global clients find the right spaces to optimize their businesses within the New York metropolitan area.
Fenlon has transacted a total of 13 million square feet of commercial and industrial space in deals valued over $1 billion, primarily in New Jersey and New York, but also across the US and Europe. Leveraging a personalized service approach, he has identified spaces for Fortune 500 firms in the technology, consulting, healthcare, telecommunications, consumer products and legal service industries.
A partial list of his lease transactions includes a 250,000-square-foot deal for CIGNA, 90,000-square-foot deal for Billtrust, a 300,000-square-foot deal for INTEL and 250,000 square feet of tri-state deals for Sprint, in addition to an impressive portfolio of sales transactions totaling 3,200,000 square feet of deals in the tri-state area.
“Brad is highly accomplished and well-known as a prolific business developer in this competitive market,” said Vice Chairman David Simson. “He has proven adept at identifying the right properties for clients and we’re proud to welcome him and his expertise to our team.”
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.