July 17, 2023 9:00 AM
Newmark announces it has hired Pat Devine as a Senior Managing Director in the Company’s Phoenix office. Devine brings over 25 years of experience, specializing in office property leasing for institutional and private clients.
“We are excited to welcome Pat to our team and further bolster our agency leasing platform,” said Mike Garlick, Executive Managing Director and Market Leader of Newmark’s Phoenix office. “Patrick’s extensive experience and deep understanding of navigating market dynamics, coupled with his commitment to delivering exceptional client results, makes him a strong addition to the firm.”
Prior to joining Newmark, Devine served as Senior Vice President for Artis REIT, where he oversaw the US leasing operations of a robust six million square foot portfolio, encompassing industrial and office projects across Phoenix, Denver, Minneapolis and Houston. Devine also played an integral role in advising on over five million square feet of speculative industrial and office developments.
“Pat has established himself as a trusted advisor with a history of guiding clients through complex leasing transactions,” said Greg May, Newmark Executive Vice President and West Region Market Leader. “We welcome him aboard and are confident Pat’s expertise and strategic mindset will augment the firm’s agency leasing platform in the Phoenix market.”
Before his tenure at Artis REIT, Devine spent nearly four years at Cushman & Wakefield and a combined 15 years at CBRE and Trammell Crow Company, specializing in institutional investor leasing. Devine is an active member of NAIOP.
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 year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of March 31, 2023, Newmark’s company-owned offices, together with its business partners, operate from over 170 offices with approximately 7,300 professionals around the world. 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 effects of the COVID-19 pandemic on 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.