Newmark Hires Industrial Specialists David Noblitt and Josh Hayes as Senior Managing Directors in Ontario, California

February 20, 2025 9:00 AM

Newmark announces the firm has hired Josh Hayes and David Noblitt as Senior Managing Directors, based in the firm’s Ontario, California office. With over 40 combined years of experience in the industrial real estate sector, the duo specializes in “Big Box” supply chain logistics and the leasing, sales and development of industrial properties throughout the Inland Empire.

Over the course of his career, Hayes has been involved in selling or leasing over 38 million square feet of industrial properties and over 3,670 acres of land totaling more than $3.5 billion in transaction value. Noblitt has completed more than $2 billion in transactions with some of his distinguished clientele including Brookfield, Clarion, Seefried, Hillwood, Proficiency Capital, Shea Properties and Trammell Crow.

“David and Josh have earned reputations as a trusted advisors to institutional and private capital investors, developers and users,” said Nick DiPaolo, Executive Vice President, Regional Managing Director, Southwest Market Leader at Newmark. “We are thrilled to welcome them to our Ontario team and look forward to their contributions as we continue to expand our presence in the Inland Empire and throughout Southern California.”

“As development in California faces increasing challenges—from civic and community concerns to economic pressures—success requires a dedicated and strategic approach,” said Noblitt.

Hayes added, “We look forward to continuing to advise our users, developers and capital partners to create impactful and successful projects.”

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 nearly $2.8 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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