June 29, 2023 9:00 AM
Newmark announces the addition of one of the area’s top-performing capital markets teams as part of its expansion into Richmond and the Southern Virginia region. Executive Managing Directors Will Bradley and Mark Williford will co-lead the firm’s central and southern Virginia capital markets platform, bringing a successful track record of representing institutional and private clientele in the acquisition and disposition of more than $2 billion of industrial, retail and office assets.
“Newmark is aggressively pursuing the industry’s best talent as we solidify our position as the top capital markets firm in the country. Opportunities to expand exist in the greater Virginia region, notably in Richmond, Norfolk, Charlottesville and the I-81 Corridor,” said Allison DiGiovanni, Executive Vice President and Market Leader of Newmark’s Mid-Atlantic Region. “We are thrilled to have widely respected, proven professionals like Will and Mark at the forefront of our expansion.”
Prior to Newmark, Bradley and Williford served as Richmond, Virginia-based top-producing capital markets professionals for Colliers. The duo’s excellent command of the region makes them the go-to resource for investors looking to break into Virginia markets, where they have sold over $1.5B to new-to-market capital to the region. Their move to Newmark represents Newmark’s continued focus on sourcing and attracting the industry’s best investment sales talent.
“It’s been impressive to see the region’s strong demographic trends and business-friendly fundaments drive expanding demand from a wide variety of institutional and private capital from across the country. By coupling our regional expertise and experience with the powerful capital markets platform at Newmark, we will further reinforce our ability to deliver exceptional value and service to our clients,” said Bradley.
“Newmark has assembled top-tier real estate talent across the country spanning all service lines, which the market has noticed. As we navigate the current and future real estate cycles, Newmark’s thoughtful long-term capital markets vision empowers our team to provide the best client service and outcomes, added Williford. “The combination of our team’s regional expertise and Newmark’s broader platform takes the value we bring our clients to an entirely new level, unmatched in our market. We are incredibly excited to join Newmark and collaborate with our new colleagues nationwide.”
Bradley is a 15-year capital markets veteran who focuses on investment sales transactions across the Mid-Atlantic and Southeast and provides a strategic advisory approach resulting in unparalleled results and long-term, multi-transactional relationships with institutional and private capital clients. Williford is an 11-year capital markets veteran specializing in investment sales transactions throughout the Mid-Atlantic and Southeast and brings unparalleled passion and expertise to the business.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of approximately $2.7 billion for the year ending December 31, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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Newmark Continues to Expand in VA with New Capital Markets Team
The area’s top-producing team joins the firm to leverage the national platform in the region.
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