Newmark Arranges Sale of 11-Property Self-Storage Portfolio

October 6, 2025 12:00 PM

Newmark announces the Company has arranged the sale of 11 self-storage properties located in the Minneapolis, Atlanta and Chicago metro areas. Newmark Vice Chairmen Aaron Swerdlin and Kenneth Cox, in collaboration with locally licensed professionals, represented the private seller in the transaction.

“This portfolio was well-received by the market, with significant activity throughout the marketing process and a competitive bidding process,” said Swerdlin. “Transaction volume in the self-storage sector is remarkably higher than it was a year ago at this time, further validating the return to more normal activity levels.”

According to Newmark Research and Capital Markets, demand for self-storage units across the U.S. remains strong, with REIT-weighted occupancy of 91.9% and elevated Google search traffic. Sophisticated revenue management platforms, improving operational efficiency and healthy consumer fundamentals have helped the sector navigate troughs in demand and maintain strong NOI margins.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. 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 Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.