December 14, 2021 10:00 AM
Newmark’s Global Corporate Services (GCS) Global Strategy & Consulting practice has secured a second assignment with the Atlantic Coast Conference (ACC). As part of a comprehensive review, Newmark will evaluate targeted cities across the Eastern U.S. to identify the optimum location for ACC’s headquarters, which has been in Greensboro, North Carolina since the conference’s founding in 1953.
Newmark GCS’s Global Strategy & Consulting practice–consisting of Location Strategy, Site Selection, Workplace and Human Experience and Economic Incentives experts–has already completed phase one of the project, an objective, data-driven comparison and evaluation of ACC’s current office building and location. After extensive discussions with over 100 conference office, league and City of Greensboro stakeholders, the resulting evaluation was presented to ACC.
After receiving the findings, ACC’s Board of Directors engaged Newmark to begin phase two, expanding the scope of work to include other potential locations ensuring that ACC is best positioned for the future and the changing dynamics of intercollegiate athletics. This new phase will require extensive evaluation of numerous criteria supporting ACC’s vision for its headquarters.
“We understand the importance of the decision facing the ACC, and we greatly value the trust placed in us by the ACC Board of Directors and Commissioner Jim Phillips for this next phase of work. It will demand rigorous and independent data gathering, analysis and strategic solutioning – all of which the Newmark team is practiced at producing,” concluded Vice Chairman of Newmark GCS’s Global Strategy & Consulting, Bob Hess.
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. Newmark generated revenues in excess of $2.5 billion for the trailing twelve months ending September 30, 2021. Newmark’s company-owned offices, together with its business partners, operate from over 160 offices with approximately 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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