As a Senior Managing Director in Newmark’s New York office, Brian Segall focuses on investment opportunities primarily in New York City and the Tri-state area as well as select urban markets. Working closely with the Newmark retail leasing team, Segall is active in retail-driven assets and possesses in-depth knowledge of market trends. He has been responsible arranging sales with an aggregate value of approximately $1.1 billion.
Segall’s recent transactions include a Lower SoHo retail portfolio, which consisted of seven assets, for a combined $100 million; and NY REIT’s Manhattan retail portfolio, consisting of four Bleecker Street retail condominiums, two retail/garage condominiums in Tribeca and Times Square, and a multi-tenant retail condominium in the West Village for a combined $99 million.
Other notable sales transactions Segall arranged include the $87 million acquisition of the three-story retail condominium at 412 West 14th Street in the Meatpacking District on behalf of Union Investments, the sale of the building at 1151 Third Avenue for $27 million on behalf of Acadia Realty Trust and the sale of the retail condominium at 339 Greenwich Street for $11.72 million to Vornado Realty.
Prior to these transactions, Segall was instrumental in the transformation of the Bowery and NoHo neighborhoods, where he represented buyers and/or sellers of numerous properties, including 250 Bowery, 260 Bowery, 325 Bowery, 328 Bowery and, most recently, 347 Bowery, which sold for $20.3 million. Segall also arranged the $11 million sale of the retail condominium at 50 Bond Street and the sale of the retail co-op at 682 Broadway in NoHo.
Segall has also been active in New York’s outer boroughs. He arranged the $10.3 million sale of the 7,500-square-foot, mixed-use property at 292 Atlantic Avenue, the $18.5 million sale of the 10,000-square-foot retail property at 197-205 Smith Street and the $7.5 million sale of the retail space at 882 Fulton Street in Brooklyn. In Long Island City, he was responsible for the $42 million sale of a 325,000-square-foot industrial property at 47-25 34th Street.
In the greater New York area, Segall arranged the $64 million sale of The Plaza at Harmon Meadow, a multi-building retail/office property in Secaucus, New Jersey. He also represented Vornado Realty Trust in the acquisition of the 167,000-square-foot, mixed-use 1100 Lincoln Road in Miami for $132 million and the buyer in the $21 million acquisition of 35 North State Street in Chicago’s Loop.
Segall joined Newmark in 2019, when parent company Newmark Group, Inc. acquired New York-based retail real estate brokerage RKF. He began his career in sales at Endai Worldwide, a digital media firm, where he became a division vice president.
Professional Affiliations
Segall is a member of the International Council of Shopping Centers (ICSC) and serves on the New Leadership Committee of Israel Bonds’ Real Estate & Allied Industries Division. He is a licensed real estate salesperson in the state of New York.
Education
Segall earned his Bachelor of Arts degree in economics from Emory University.