Newmark is pleased to announce the addition of office leasing specialist Richard Sung as Managing Director. Based in Irvine, Sung will partner with Senior Managing Directors Jay Nugent and George Thomson to further enhance the firm’s agency leasing platform in Orange County.
Over the course of his career, Richard has completed over 400 lease transactions valued at over $150 million and comprising nearly 2.8 million square feet of real estate.
“This expansion of talent and service is indicative of our region’s continued growth and commitment to attracting the market’s highest caliber professionals,” said Greg May, Newmark Executive Vice President and West Region Market Leader. “As a leasing specialist with nearly ten years of experience, Richard’s knowledge of the Orange County landscape affords him a client service perspective that will benefit both our team and our clients.”
Sung added, “With the horizon of our industry changing more dramatically than ever, I am excited to join an exemplary company and a highly successful team that will bolster my abilities to service my clients.”
Prior to joining Newmark, Richard worked at WindWater Real Estate where he advised on the leasing of creative office buildings in the Orange County Airport Area. Richard also worked at ORION as an Associate specializing in leasing institutional office buildings.
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 18,000 professionals operate from approximately 480 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.
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