Colby Scruggs joined Newmark in 2018 and currently serves as a First Vice President in the company’s Rutherford, New Jersey office, bringing more than ten years of commercial real estate appraisal and consulting experience. Colby has substantial expertise in the valuation of commercial real estate properties including appraisals, market studies and feasibility analysis of a wide variety of property types. His experience includes apartment, mixed-use, condominium, retail, industrial, office and vacant land parcels throughout New Jersey with a specialization in multifamily, mixed-use and proposed development properties.
Colby joined Newmark after serving as a Senior Appraiser for seven years with CBRE, Inc. In this capacity, Colby was responsible for leading the multifamily specialty group within northern and central New Jersey.
Professional Affiliations
- Candidate for Designation, Appraisal Institute
- Certified general real estate appraiser, states of New Jersey and New York
Licenses and Designations
- Certified general real estate appraiser, states of New Jersey and New York
Education
Colby earned a Bachelor of business administration degree in finance with a focus on real estate from the University of Connecticut.