Newmark Closes on Jackson Cooksey Acquisition

11:30 AM

Newmark, a leading global commercial real estate advisory firm, today announced it has closed the acquisition of nationally known corporate tenant representation real estate agency Jackson Cooksey.

James C. Cooksey, who founded the Dallas-based Jackson Cooksey Company in 1982, along with 69 other Jackson Cooksey professionals, joined Newmark upon consummation of the transaction. Mr. Cooksey joined Newmark’s Texas office as Vice Chairman and President of Tenant Representation Texas.

“We are pleased to announce the closing of the Jackson Cooksey acquisition and thrilled to welcome their professionals to Newmark,” stated Barry M. Gosin, chief executive officer of Newmark Group, Inc. “This addition greatly expands Newmark’s key market coverage and service offerings throughout Texas, specifically corporate tenant advisory services for office and industrial users and enhances our ability to provide an unparalleled platform to clients regionally and worldwide.”

“The addition of these premier Jackson Cooksey professionals to our team strengthens our core competencies and significantly augments our growing service platform,” added Newmark President, Texas Region, Neal Golden. “Jackson Cooksey professionals are known for their achievements in corporate tenant advisory services, vast client relationships and roster of knowledgeable industry professionals, all of which underscore its great value to Newmark.”

“What an exciting achievement for Jackson Cooksey and Newmark,” stated corporate services trailblazer James C. Cooksey, founder of Jackson Cooksey. “I am confident Newmark’s entrepreneurial management style allows the freedom to structure service delivery to best suit our clients’ evolving needs. Further, Newmark’s mission and values dovetail perfectly with Jackson Cooksey’s customer-centric corporate tenant focus.” Representing numerous Fortune 500 companies throughout his 36-year career, Cooksey was an early innovator of corporate-focused real estate services.

Jackson Cooksey was named by the National Association for Business Resources as one of the Nation’s “Best and Brightest Companies to Work For in 2018” and its brokers have consistently been named as “Heavy Hitters” and top industry professionals. The firm is ranked by the Dallas Business Journal, Houston Business Journal and D CEO as being among the largest commercial real estate brokerages in the Dallas and Houston areas with an impressive average broker tenure of 20 years. In addition to its Dallas operations, Jackson Cooksey has locations in Houston, Austin and Denver with approximately 70 professionals in all locations.

About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”), is one of the world’s leading commercial real estate advisory firms. Newmark Group has over 4,900 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.

Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point, Newmark, and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our 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. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.

Newmark Group, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol “BGCA”.

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. 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 and BGC’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.