April 3, 2025 9:00 AM
Newmark announces the firm has hired Mark Repstad as Executive Managing Director, based in the Downtown Los Angeles, California office. Repstad brings over 20 years of experience and will focus on enhancing the firm’s industrial service offerings, with a core market spanning the Los Angeles and Inland Empire markets.
“Mark’s addition underscores Newmark’s dedication to recruiting the industry’s top talent,” said Elizabeth Hart, President of Leasing for North America. “His experience, drive and success will play a critical role in advancing our industrial leasing business as we look to continue delivering outstanding results for our clients and reinforce our leadership in the sector.”
Repstad has closed more than 650 transactions over the course of his career, totaling 41.4 million square feet and over $2.2 billion in volume. His diverse client portfolio includes Clarion Partners, CEG Construction, Dedeaux Properties, Fox Luggage, LBA Realty, Link Industrial, Pompeian Olive Oil and Prologis. He joins Newmark from Southland Commercial Real Estate, a firm he founded and led as CEO.
“Mark’s expertise in industrial agency leasing, tenant representation and sales, combined with his strong reputation and leadership, enhances our ability to service the largest and most dynamic industrial market globally,” said Nick DiPaolo, Executive Vice President, Regional Managing Director, Southwest Market Leader.
“As an entrepreneur at heart, Newmark is a natural fit for me,” said Repstad. “Our goals of providing best-in-class service for the industrial occupier and agency leasing sector align perfectly.”
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. For the twelve months ended December 31, 2024, Newmark generated revenues of over $2.7 billion. As of December 31, 2024, Newmark and our business partners together operated from approximately 170 offices with more than 8,000 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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