12:00 PM
Newmark has announced the signing of Costa Rican market leader Carlos Robles and his team of 12 brokerage professionals. Previously operating as the Company’s affiliate Newmark Grubb Central America, the team now works directly for Newmark Group, Inc. (NASDAQ: NMRK), providing comprehensive brokerage, property management, valuation and advisory services to clients in Costa Rica and Central America.
“Newmark has a rapidly expanding global presence to meet the growing needs of clients locally and internationally, and the addition of Carlos Robles and his team solidifies Newmark’s Central America presence and enables our Latin American Global Corporate Services team to better execute corporate client services throughout Central America,” commented Newmark’s Chief Executive Officer Barry M. Gosin.
Newmark has been a strong force in Latin America since its 2016 acquisition of premier tenant advisory firm Alles Group Mexico City, which was led by Giovanni D’Agostino, now President, Mexico, and Regional Managing Director, Latin America. Additional regional moves include opening Monterrey and Tijuana offices in 2017 and a Bajio Office in 2018, and expanding service coverage in tenant representation, global corporate services, valuation & advisory, governmental and property management with the addition of industry experts and key practice leaders.
“Our strategic plan includes bolstering our service coverage in Central America, including Costa Rica, Panama and Guatemala, in a similar manner to our successful regional expansion in Mexico,” added D’Agostino. “Newmark is actively partnering with the industry’s most talented and ambitious brokers - like Carlos and his team - who are committed to taking advantage of significant growth opportunities across the corporate real estate landscape.”
Joining as Managing Director and Market Leader in Central America, Mr. Robles previously led Newmark Grubb Central America, an Newmark affiliate for the last three years. Based in Costa Rica, this regional office covers key Central American markets including Costa Rica, Panama, Nicaragua, Guatemala, Belize, Honduras and El Salvador.
“I’ve had the pleasure of partnering with Newmark for the past three years, and this move is just the next step in a very well thought out regional plan,” added Robles. “Being a part of Newmark’s meteoric rise in Latin America has been very rewarding and I am excited about the opportunity to tell the story of Newmark’s culture of entrepreneurship and collaboration to drive client service and holistic, comprehensive, client-focused solutions.”
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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. Except as required by law, Newmark Group 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 Group’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.