Scott Scharlach joined Newmark in 2021 and currently serves on the Capital Markets team in the company’s office in Phoenix, Arizona. With more than fifteen years of commercial real estate experience, Scott has substantial expertise in all aspects of real estate investing including: underwriting, due diligence, financing, leasing, and asset management.
Scott joined Newmark after spending nine years as a commercial real estate principal, originally as a Co-Founder and Partner at Progression REI, and subsequently as a Partner with Waterford Property Company. As a principal, he has led acquisitions of more than $175 Million in total value. Notable purchases have included a $42 Million investment in a 550,000 SF power center anchored by Walmart and Lowe’s in Las Vegas and the acquisition of a $63 Million defaulted note in Downtown Long Beach..
Scott began his career in commercial real estate with Travers Realty as an office leasing broker specializing in representing tenants in their search an negotiation for office space in Downtown Los Angeles. He then joined CBRE, where we worked until returning to graduate school to earn his Master’s Degree in Real Estate Development.
Partial List of Investment Transactions
As a Principal:
- 350,000 SF, $63 Million, Distressed retail asset, Long Beach, CA
- McCarran Marketplace, 550,000 SF Power Center, Las Vegas, NV
- Oliveira Plaza, 116,000 SF Neighborhood Retail, Ventura, CA
Partial List of Lease Transactions
As a tenant representative:
- Quinn Emanuel, Downtown Los Angeles, 150,000 SF
- LA Community Redevelopment Agency, Downtown Los Angeles, 150,000 SF
- Quinn Emanuel, Silicon Valley, 35,000 SF
- China Finance, Midtown Manhattan, 25,000 SF
- Mitsui Fudoson, Downtown Los Angeles, 15,000 SF
- Member, Arizona Chapter of NAIOP
- Inaugural recipient of the Wilbur Smith Scholarship for Academic Excellence
Scott earned his undergraduate degree with a concentration in Real Estate finance from the Marshall School of Business, at the University of Southern California. He subsequently received his Master’s of Real Estate Development from the Price School of Public Policy, also from USC.