Monty Harris rejoined Newmark in 2016 as a member of the Critical Transactions Group, specializing in minimizing the cost and balance sheet impact of single and anchor tenant transactions. His team is a geographically dispersed, 20-member team that exclusively collaborates with large occupiers on their headquarters, mission critical facilities and single/anchor tenant locations. Leveraging data and predictive analytics, changes to the business landscape, and varying market conditions, the group identifies value creation opportunities and determines the ideal time to strike for its clients, irrespective of geography or lease expiration.
The Critical Transaction Group forensically examines non-traditional opportunity indicators such as changes in landlord investment strategies, capital stack exposure, and anchor tenant impact on asset valuation.
Harris brings with him over 28 years of commercial real estate experience and has secured millions of dollars in savings for his clients through his expertise in areas such as: Accretive Value Arbitrage, EBITDA Enhancement, Balance Sheet Optimization, Portfolio Optimization, Strategic Planning, Workplace Optimization, Financial Engineering, Traditional Leasing, Lease Restructures and Fixed Fee Build/Buy-to-Suits.
Harris started his real estate career in 1996. In 2002, he was part of the team that opened Newmark’s first office in the Southeast Region.
Partial List of Lease Transactions
As a tenant representative:
- Fortune 500 specialty consumer brand 1.1M SF, GA
- Sportsman’s Warehouse, 1Msf+, United States
- Office Depot, 675,000 SF, Boca Raton, FL; 120,000, Austin, TX
- Belk, Inc., 475,000 SF, Charlotte, NC
- Wellcare, 380,000 SF, Tampa, FL
- CH2M, 380,000 SF, Denver, CO; 240,000 SF, Atlanta, GA
- St. Luke’s University Health Network – 220,000 SF, Phillipsburg, NJ
- WageWorks, 154,000 SF, Irving, TX
- Allianz, 135,000 SF, Richmond, VA
- First Data, 125,000 SF, Atlanta, GA
- Nelson Mullins, 120,000 SF, Atlanta, GA
- Womble Carlyle, 120,000 SF, Atlanta, GA
- Burr & Forman, 105,000 SF, Birmingham, AL
- SunTrust, 90,000 SF, Orlando, FL
Background
Harris graduated from the University of Virginia with honors in 1996. He lives on a farm in Charlottesville, VA with his wife, four children, three dogs and a number of other animals. He’s active with several charities and organizations. Currently he’s the President of the Board for Big Brothers Big Sisters of Central, VA and a coach for his youngest child’s JDYFL football team.