Mitchell Loveman joined Newmark as a principal in the global real estate services firm’s Chicago office.
A 24-year veteran of the downtown and suburban Chicago real estate markets, with extensive experience representing both owners and users in office, industrial and retail lease and investment sale transactions, Loveman will focus on growing Newmark’s Midwest operation in and around the Chicagoland region.
Prior to joining Newmark, Loveman worked at Insignia/ESG, Transwestern Commercial Services and Colliers Bennett & Kahnweiler. For more than a decade, he was the exclusive marketing and leasing agent for the Tri-State International Office Center on behalf of Greystone Realty Corp.
Loveman’s other institutional landlord clients have included Aetna Realty Investment; Kennedy Associates; Walton Street Capital LLC; Northern Realty Group; Klaff Realty LP; and Colony Realty Partners. Meanwhile, as a tenant representative, he has negotiated transactions on behalf of a wide range of clients including Fujisawa USA Inc.; Motorola Inc.; Zenith Electronics; General Mills; Deloitte & Touche LLP.; The Chicago School of Professional Psychology; Orbitz; and Peapod, Inc.
Previously, Loveman has been recognized as Insignia/ESG’s “Broker of the Year” for the company’s Central/Southeast region and has also been awarded the National Association of Industrial and Office Properties (NAIOP) “Office Transaction of the Year” award for his tenant representation of Fort James Corp. (since acquired by Georgia Pacific Corp.) in the pre-leasing of its 125,000-square-foot corporate headquarters in Deerfield, Ill.
“We are delighted to have Mitchell on our team,” said Kevin Duckler, managing principal of Newmark’s Midwest Region. “He is a leader in our market and his transactional experience and expertise will be invaluable as we enter a period of growth in all phases of real estate, including retail, industrial, and investment sales.”
Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank Newmark operate from over 165 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $37.3 billion with annual revenues of over $537 million. With a combined staff of more than 5,300, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.