Newmark announces the addition of Tom Adelson as executive managing director to its Phoenix office. Adelson is an industry veteran with approximately 34 years’ experience and a track record encompassing over 30 million square feet of space. He is widely recognized as a trusted real estate advisor to many of the most acclaimed professional services firms and industry corporations in the metro Phoenix market.
“We are delighted to add Tom Adelson to the Newmark Phoenix office,” remarked Newmark Western Region Market Leader Greg May. “He is a consummate professional with dynamic experience and professional relationships with the region’s most active corporations and tenants, as well as with leading industry professionals. Although specializing in tenant representation, he is also a creative broker who insightfully visions potential in old building sites, identify how that potential can support a client’s business objectives and culture, and follow-through with an amazing ability to put deals together to benefit his clients.”
“Newmark offers the right platform for me and for my clients, and I am excited to be joining such an excellent team of professionals,” stated Adelson. “I have devoted my career to working exclusively with businesses, or tenants - from Fortune 500 companies to professional services firms and industry corporations - and know Newmark’s integrated services platform will assist me in meeting my clients’ current and future commercial real estate needs.”
Mr. Adelson joins Newmark after 34 years at CBRE, where he was a vital member to the notable office team comprised of Adelson, Jim Fijan and Jerry Roberts. Adelson’s tenant representation focus complemented the specialties of his respective partners, and the team achieved NAIOP’s premier “Top Office Broker of the Year” award 20 out of the last 26 years. In addition, he was a prestigious member of CBRE’s Colbert Coldwell Circle for the past two decades, an award presented to the top 3% producers in the U.S.
A talented tenant advocate, Adelson is skilled at securing superior transaction terms for his clients as well as advising them on their real estate strategies. In the last year, Adelson has completed 2 million square feet in tenant representation transactions for clients including American Airlines, Carvana, DriveTime, Carlisle companies, BMO Harris Bank and Alliance Residential.
Joining Adelson at Newmark is Associate Erin McClure, bringing three years’ experience to the company. She previously worked with Adelson.
Newmark is one of the world’s leading commercial real estate advisory firms. 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. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, valuation and advisory services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., 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 (NASDAQ: 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 (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.