Newmark Associates Selected by Commercial Real Estate’s Largest Research Organization
as One of the Top Leasing and Sales Firms in the Market
Cedar Knolls, NJ – June 22, 2016 – Newmark Associates has been selected by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, to receive a CoStar Power Broker TM Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2015 within their respective markets.
With the largest independently researched database of commercial real estate property information available online, CoStar can easily identify the top firms and brokers in each market throughout the U.S. and Toronto, Canada. All awards are based on transaction data maintained in CoStar’s commercial real estate database.
Newmark Associates qualified as one of the top commercial brokerage firms in Northern New Jersey based on total leasing transactions closed during the year. In order to be selected for this honor, Newmark Associates overall transaction volumes were evaluated by CoStar against other commercial real estate brokerage firms active in its region, and subsequently ranked among the top firms in the market.
Newmark Associates significant transactions that closed in 2015 included:
The sale of 12 Industrial Parkway, Livingston, which consisted of 7 acres of industrial zoned land, by Deborah Myers, Managing Director. The combined efforts of Deborah Myers and Charles Ritschel, Sales Associate that resulted in the sale of 52,000 SF of office space on Bleeker Street in Millburn. The team of Judith Feldman, Managing Director and David Bieber, Executive Vice President with the sale of 20,000 SF of office space at 1001 Route 517, Hackettstown. Nancy Stanton-Tuckman, Senior Vice-President, leased 19,000 SF of industrial space at 17 West Street, East Hanover. Industrial leases of 12,500 SF were completed by Jody Riback, Sales Associate and Nancy Glick, COO, at 10 Commerce Road, in addition to 12,400 SF secured by Peter Caraballo, Vice President, in Fairfield.
“I am privileged to be working with colleagues that continue to provide the highest caliber of service and integrity.” Susanne Newmark.
“With such an active year in commercial real estate, CoStar is proud to honor the individual brokers and firms who perform at the industry’s highest level,” said CoStar Group founder and CEO Andrew C. Florance. “These industry leaders deserve to be recognized for their expertise, hard work and superior deal-making abilities. We extend our congratulations to this year’s winners on their exceptional sales and leasing success.”
The complete list of 2015 CoStar Power Broker Awards winners can be found at CoStarPowerBrokers.com.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 9 million registered members. Apartments.com is a premier online apartment resource for renters that matches apartment seekers with great apartment homes and provides property managers and owners a proven platform for marketing their properties. CoStar operates websites that have over 19 million unique monthly visitors in aggregate during January 2015. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S., in Europe and in Toronto, Canada with a staff of over 2,400 worldwide, including the industry’s largest professional research organization. For more information, visit www.costargroup.com.
About Newmark Associates
Certified as a woman-owned business by the Women’s Business Enterprise National Council, Newmark Associates, Inc. is registered as a Supplier Diversity provider with corporate members. Their clients range from regional, entrepreneurial firms to Fortune 500 Companies.
Newmark ‘s specialized brokerage services include lease and sales transactions for retail, land, industrial, office, healthcare and mixed-use properties; tenant and owner representation; lease renegotiation; and advisory and valuation services. Consistent quality customer service has led to strong, long-term client relationships resulting in a robust referral business based on high levels of client satisfaction.