November 13, 2023 9:00 AM
Newmark[i] announces Mike Dolan has joined the firm as Senior Managing Director in its Philadelphia office. In his role, Dolan will focus on office/flex leasing and tenant advisory services, including developing and implementing leasing strategies, lease negotiations and managing lease portfolios. Dolan will work collaboratively with clients, tenants, landlords and other brokers to identify opportunities, evaluate prospective occupiers and secure optimal lease terms and conditions. In addition, Dolan specializes in market trend analyses and remaining apprised of industry regulations and best practices–positioning him for a crucial role in driving leasing revenues, maximizing occupancy rates and ensuring the successful leasing of properties and spaces for the Newmark Greater Philadelphia region.
“Newmark is excited to welcome Mike Dolan as a member of our team in Philadelphia. With his impressive track record and expertise in leasing and sales transactions, we are confident that he will make a significant impact on our firm,” said Lauren Gilchrist, Executive Vice President and Market Leader of the Greater Philadelphia Region. “Mike’s extensive experience speaks volumes about his dedication and success in the industry. We look forward to his contributions and are excited to have him on board as we continue to provide exceptional service to our clients.”
Prior to joining Newmark, Dolan was a Partner at Stockton Real Estate Advisors, where he specialized in the representation of Center City Philadelphia’s premiere office assets, including 4 Penn Center, 1 Chelsea Parkway, 2401 Walnut Street, The Graham Building, 1515 Market Street, The Public Ledger Building as well as a roster of properties on Market Street. While at Stockton Real Estate Advisors, Dolan secured the firm’s leading position in the Philadelphia market through the completion of +100 transactions totaling more than 1.7 million square feet for a total aggregate rent of approximately $200 million. Previously, Dolan also held roles as Executive Director at GVA Smith Mack (now Newmark), Vice President of Real Estate at JLL and Leasing Associate at Corporate National Realty, LLC.
“Integral to the foundational makeup of my approach and career is Steve Prefontaine’s quote: ‘To give anything less than your best is to sacrifice the gift,’” said Dolan. “With this, I am excited to continue forging new successes alongside such a talented group of professionals at Newmark.”
[i]Dba Newmark Real Estate in Pennsylvania
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 year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of September 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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