Newmark announces the addition of two prominent area brokers: Brent Erickson and Erik Ordway. Erickson and Ordway join Newmark from Cushman & Wakefield, as senior managing director and associate director, respectively, focusing primarily on landlord agency and select tenant representation assignments.
“We are committed to our goal of expanding Newmark services in the region, and this expansion supports our robust growth initiative in the Twin Cities area. It is a real win for the company to add these highly accomplished professionals to our roster.” stated Newmark Senior Managing Director John McCarthy.
McCarthy, and Executive Managing Director Jim Damiani, CCIM, SIOR, launched the Newmark Minneapolis office in May of 2017, tasked with recruiting enthusiastic local experts to expand the company’s regional service lines. “Attracting Erickson, one of the most prolific and successful downtown leasing brokers in the market, and Ordway, who propelled his career by setting new high-water-mark prices for brick and timber buildings in Minneapolis, is a strong statement for the magnetism occurring with Newmark’s culture and growth,” added Damiani.
A 28-year veteran of commercial real estate, Brent Erickson offers a varied real estate career encompassing both brokerage and property management experience. Especially successful at rebranding downtown office assets with new identities to integrate prevailing market trends, Erickson’s institutional clients include Principal Real Estate Investors, KBS Realty Advisors, Goldman Sachs, R^2, City Center Realty Partners, Angelo Gordon, ICM Realty Group, GEM Realty Capital, Inc., United Properties, Hines, Spear Street Capital and Piedmont Office Realty Trust. His tenant representation clients include notable financial services and law firm companies including Best & Flanagan LLP, Briggs and Morgan P.A., Lindquist & Vennum LLP, Marquette Financial Services and Winthrop & Weinstine, P.A.
Partnering with Erickson is Erik Ordway, who brings seven years of experience in commercial office leasing, specializing in downtown Minneapolis’ North Loop district. He has worked on central business district properties including Colonial Warehouse, Flour Exchange Building, Marquette Plaza, 9’s on The Mall, The 15 Building, the city’s well recognized TractorWorks Building, U.S. Bancorp Center and Wells Fargo Center. Ordway is known for pushing occupancy on the assets he leases while simultaneously increasing rental rates, enabling his clients to achieve market-setting sale transactions.
“These professionals are industry leaders with extensive experience and successful track records providing value-add advisory services to clients,” added McCarthy. “Erickson and Ordway have made names for themselves by creating value for clients in institutionally-owed assets, spearheading rebranding and renovation projects with a long-term focus on providing brokerage advisory services in the downtown Minneapolis market. Their extensive client relationships and industry commitment ensure their successes, individually and for the clients they represent.
Erickson and Ordway each expressed enthusiasm about joining Newmark and the high-quality leadership team at the Minneapolis office. “Newmark’s integrated service platform is an ideal fit for us and our clients’ expanding real estate requirements,” explained Erickson. “Erik and I are very excited about joining the company.” Ordway added, “With the combination of improving market dynamics and the recent local growth of Newmark, the timing was just right to join such a dynamic world-class commercial real estate services provider.”
“I am truly fortunate to be teaming with Newmark, and working with industry greats like John McCarthy, Jim Damiani, Mary Burnton, Peter Tanis and the rest of the team,” concluded Ordway. “The company’s entrepreneurial nature and management style allow me freedom to organically build my business and service my clients.”
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; Newmark 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.