Alex Foshay serves as Vice Chairman and Head of Newmark’s International Capital Markets group, based in New York. In addition to leading the group, Foshay’s responsibilities include global coverage of offshore investors seeking to make cross-border investments. Foshay has led the International Capital Markets group since 2018, after serving for three years as a Senior Managing Director. Prior to that, he was a Partner in Knight Frank’s Central London Capital Markets team. With over 19 years of experience in real estate capital markets, Foshay has worked across all major real estate sectors in sales, acquisition, recapitalization, refinancing, equity placement and joint venture structuring capacities. Since 2010, he has executed investment transactions in excess of $25 billion, and approximately 70% of that volume has been transacted with overseas capital.
Foshay’s key clients include ADIA, Baupost, Brookfield, Blackstone, CIM, Clarion, Deutsche Asset & Wealth Management, Goldman Sachs, HSBC Alternative Investment Management, JP Morgan, Lai Sun Development Company, Land Securities, LBA Realty, Legal & General, Liberty Mutual Insurance, Lincoln Property Company, Mori Trust, Mirae Asset Management, National Pension Service of South Korea, Northwood Investors, PNC Bank, Principal Financial Group, PIMCO, Rockwood, Skanska, Takenaka, Trammel Crow and Vulcan.
Recent Transactions
- LBA Realty: Sale of Glen Bell Way, Irvine, CA to Skyline for $159M
- Mori Trust: Sale of HQ@First, San Jose, CA to KKR for $535M
- CIM: Sale of Uptown Station, Oakland, CA to Mapletree for $419M
- JP Morgan: Sale of 1918 Eighth Avenue, Seattle, WA to CPPIB for $625M
- Vulcan: Sale of Arbor Blocks, Seattle, to Ponte Gadea for $415 million
- PNC Bank: Sale of 49% interest in C3, Los Angeles, to Morgan Stanley for $260 million
- PIMCO: Sale of Micron HQ @ First, San Jose, to Mori Trust for $429 million
- Aragon Holdings: Sale of Aragon Portfolio, pan U.S. to Harbor Group for $1.85 billion
- Skanska: Sale of 99M Street, Washington, D.C., to Friedman Group for $163 million
- ADIA: Sale of McPherson Building, Washington, D.C., to Northwestern Mutual for $210 million
- HNA: Acquisition of 245 Park Avenue, New York, for $2.1 billion
- Ernst & Young: Sale of the White Tower Portfolio, London, to Carlyle for more than $1.5 billion
- Parker Corporation: Sale of the Parker Portfolio, New York, to a range of investors for $1.5 billion
- Land Securities: Sale of the Bankside Estate, London SE1 for $473 million
- Skanska: Sale of 101 Seaport, Boston, for $452 million
- Blackstone: Acquisition of Alban Gate, 125 London Wall, London EC2 for $450 million
- National Pension Service of South Korea: Sale of 88 Wood Street, London EC2 for $344 million
- Baupost: Sale of Urban Union, Seattle, for $270 million
- Principal: Sale of Tilt 49, Seattle, for $269 million
- Rockspring: Sale of Fox Court, 14 Grays Inn Road, London WC1 for $105 million
- National Pension Service of South Korea: Sale of 63 St. Mary Axe, London EC3 for $105 million
- Vulcan: Sale of Amazon Phase VIII, Seattle, for $245 million
- ADIA: Sale of Carmelite, 50 Victoria Embankment, London EC4 for $60 million
- Deutsche AWM: Acquisition of 60 New Broad Street, London EC2 from Warner Estates for $43 million
- Lai Sun Development Company: Acquisition of 36 Queen Street, London EC4 from CBREi for $26 million
Professional Affiliations
- Member of the Royal Institution of Chartered Surveyors (MRICS) since 2004
- Licensed Real Estate Broker in the State of New York
- Member of the Real Estate Board of New York (REBNY)
Education
Foshay holds a Master of Arts degree from Edinburgh University, Scotland, where he graduated with honors in politics. He also holds a master’s degree in real estate valuation and law from City, University of London’s Cass Business School.