Texas’ Scarborough commercial eeal estate adds associate

Tyler, Texas-based Scarborough Commercial Real Estate added Becky Wilson as an associate. In her new role, Wilson will help clients achieve their real estate goals ­– whether buying, selling, or leasing – across East Texas.

Wilson was previously a Certified Agent Support Specialist and Operations Manager for Marcus & Millichap REIS, managing the Fort Worth, Tulsa and Oklahoma City offices. Upon moving to Tyler, Becky became a residential real estate agent, as well as the Director of Operations and Marketing for a local commercial real estate firm. She brings nearly a decade of experience in both the commercial and residential sectors of the real estate industry.

Newmark continues expansion of its debt capital markets business with strategic hire Clint Frease

New York, NY (November 5, 2024) — Newmark announces industry expert Clint Frease has joined the firm as Vice Chairman. In his role, Frease will be responsible for leading Newmark’s debt capital markets efforts across Texas and the Central Region, as well as providing national debt advisory for the Data Center Capital Markets team. Frease will focus on debt placement, structured finance and loan sales, further expanding Newmark’s leading debt advisory services across data centers, industrial, retail, hospitality, multifamily and office.

Based in Dallas, Frease will report to Newmark’s Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone and will work closely with U.S. senior capital markets executives. He will also collaborate closely with Brent Mayo, who leads Newmark’s Data Center & Digital Infrastructure Capital Markets practice. His addition bolsters Newmark’s debt capital markets presence in Texas, where he will work with Senior Managing Directors Chris McColpin and Andrew Porteous and Director Josh Francis. The strategic hiring follows the expansion of Newmark’s industrial, office and retail capital markets practices in Texas over the past year.

“The opportunity to hire industry experts with such impressive track records is a testament to our growth trajectory and the talent we’ve amassed in our Capital Markets business,” said Chad Lavender, President of Capital Markets for North America. “Our commitment to providing comprehensive, differentiated and strategic guidance to our clients remains at the forefront of our strategy, and bringing on Clint further enhances the depth of our capabilities.”

Roeschlaub added, “As Newmark’s debt business continues to augment the industry’s best-in-class team, the addition of an industry leader like Frease enhances our ability to meet the evolving demands and opportunity set in the market. While we of course prioritize hiring the best athletes, we also focus on cultural compatibility and alignment. Frease was the top draft pick on all fronts.”

An esteemed leader in real estate debt and structured finance, Frease brings two decades of in-depth knowledge and experience covering the placement, origination and structuring of commercial mortgage-backed securities, balance sheet loans, mezzanine and preferred equity financings, construction loans, bridge loans and structured financings. He has executed more than $75 billion of commercial real estate financing, loan sales and structured transactions on behalf of institutional and private clients across the U.S. Before joining Newmark, Frease served as Managing Director at Eastdil Secured in the Dallas and Washington D.C. offices. Prior, he was at Wells Fargo Bank in the Real Estate Capital Markets group, where he originated CMBS loans. He was also a member of the Special Situations Group, focusing on managing a highly distressed commercial real estate loan portfolio.

“I am excited to join Newmark and work with Jordan, Jonathan and the wider team to build on the success and momentum of the global debt platform,” said Frease. “The opportunity to join some of the industry’s most respected professionals, some of whom I have worked with previously, creates enhanced opportunities for our clients, leveraging our collective expertise to meet their needs.”

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 year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 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 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.

15-Year CRE veteran Breck Besserer joins Citadel Partners’ Fort Worth office

FORT WORTH, Texas – (Oct. 29, 2024) – Breck Besserer joined corporate real estate advisory firm Citadel Partners as a Senior Advisor specializing in office and industrial project leasing in Fort Worth and Tarrant County.

Throughout his 15-year career, he has represented both tenants and landlords. In the past three years, Besserer handled more than 60 transactions totaling over 1.2 million SF of office, industrial and retail properties. 

“Breck will play a big role in helping across multiple facets in the Fort Worth office,” said Andy Goldston, partner with Citadel Partners. “He will start off working on the leasing side of office, but he has a rich history in both industrial and office tenant rep on the leasing side, which will be tremendously beneficial.”

Besserer said his first task at Citadel is to help grow the landlord representation business in the heart of Fort Worth and the surrounding areas.

“Joining Citadel Partners was appealing because of the culture and the people,” Besserer said. “I’ve known Andy from the industry and respected his character. The company’s reputation under the leadership of Managing Partners Scott Morse and Scott Jessen is impeccable.”

He has also worked with Citadel Partners Market Leader Cullen Donohue for years. “When I was at M2G Ventures, I served as the Senior Vice President of Leasing and saw myself as a player-coach for our brokers and was always heavily involved in each transaction. Cullen was the advisor on several of our properties. I’ve worked with a large number of brokers over the years, and he has stood out as the top broker I’ve worked with. His analytics and knowledge are unmatched.”

Another factor impacting his decision is the ability to stay in Fort Worth. “I’ve built my family here and want to be close to home. The ability to partner with Cullen and Andy and help grow the Office Leasing division in the heart of Fort Worth and surrounding markets gave me a clear path to do just that.”

“There is a strategy to Citadel’s growth efforts that goes beyond just adding numbers but recruiting top-level talent who can bring value in different areas as we grow our service lines,” Goldston added. “Breck will help as we continue to purposefully grow our Fort Worth office.”

Besserer is a graduate of the University of Kansas and is a CCIM Member (pending CCIM pin/certification in the spring). He was involved in former employer M2G Ventures’ Mental Health Initiative (MHI), which has raised more than $1M for research in the mental health field. He was also awarded the 2023 M2G Ventures ‘Golden Goose’ award as the top employee for the year based on the firm’s core values.

Among Besserer’s career highlights is being involved with the lease-up of the mixed-use district, The Foundry, near the Cultural District of Fort Worth. Another project was the full lease-up of Proof (an adaptive reuse project in the Near Southside of Fort Worth) and subsequent sale to one of its tenants.

“Cullen was our broker on that project, as well,” Besserer said. “Despite acquiring the property in 2019 and completing renovations in late 2020, we were able to craft and execute a strategy that helped us get the project fully leased and subsequently sold it to a tenant in the building – it was a complex transaction, but Cullen was a true professional and got it done seamlessly. He still reps that project and seeing his work on both the leasing and the sale side; he’s sharp and we had a lot of fun on that project.”

Goldston anticipates more activity ahead for the Fort Worth team.

“Fort Worth’s population is rapidly growing and there is a cool factor to the city that has dramatically garnered more of a national presence over the last five years,” Goldston said. “The redevelopment of the Stockyards has been a great case study and helped bring more national attention to our city. Coupled with the high quality of life and the continued population growth we are seeing it is easy to comprehend why more developers are planning to deliver Class A office product to the market in the next few years. That, alone, is an anomaly in today’s office market, but needed and necessary in Fort Worth. We expect more corporate relocations coming to Fort Worth and a continued maturation of the market.”

Newmark broadens land services presence in Texas, adding industrial land expert David Claros

Houston, TX (October 28, 2024) — Newmark announces David Claros has joined the firm as an Executive Managing Director in its Houston office, adding to the firm’s growing Land Services team in Texas. In his role, Claros will focus on industrial land and investment sales across Texas metropolitan areas including Houston, Austin-San Antonio and Dallas-Fort Worth. He will report to Ran Holman, Executive Vice President and Texas Market Leader.

“We are thrilled to welcome David to our team as he represents another significant addition to our esteemed Land Services division in Texas,” said Holman. “David’s deep expertise and impressive track record in industrial land transactions will be invaluable as we continue to grow and enhance our offerings in the region.”

Claros brings over a decade of experience spearheading industrial land acquisitions, dispositions and development projects for developers, landowners and investors. In the past five years alone, he has been involved in $500 million worth of industrial land transactions, encompassing more than 1,000 acres across Texas for institutional, corporate and private clients. He joins Newmark following the recent addition of land sales expert Meredith Cullen in Houston.

Prior to joining Newmark, Claros served as a Senior Director at Dosch Marshall Real Estate (DMRE), where he was responsible for developing and growing DMRE’s Industrial Land Team in Texas. Previously, he was a Senior Associate at Caldwell Companies, where he specialized in land and industrial buyer-tenant representation, and served as a General Manager for Palm Harbor Homes in Bryan-College Station.

“I was drawn to Newmark’s robust full-service platform and exceptional cross-functionality, which allow me to meet clients’ varied needs seamlessly,” said Claros. “I look forward to collaborating with local land sales experts like Meredith and working across diverse teams, particularly Industrial Capital Markets, to leverage the firm’s cross-functional capabilities and drive innovation and growth in the Texas market.”

Clune Construction named to list of America’s most loved workplaces

Clune Construction, with offices in Chicago and Dallas, has been named in Newsweek Magazine’s annual list of America’s Most Loved Workplaces®, developed in partnership with the Best Practice Institute (BPI).

Clune was ranked #23 overall and was recognized as the #1 ranked construction company, standing alongside some of the country’s most respected organizations.

The results were determined after surveying more than 2.6 million employees from businesses with workforces varying in size from less than 50 to more than 10,000. The list recognizes companies that put respect, caring and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them.

“Clune’s success is built on the strength of our people, and being named one of America’s Most Loved Workplaces® reflects our commitment to recruiting the best talent in the industry,” said Dave Hall, CEO of Clune Construction. “We are intentional in our hiring practices, ensuring that we bring on individuals who not only excel in their roles but also embody our core values. By investing in the right people and fostering a culture of safety, respect, teamwork, service, excellence, and innovation, we create a workplace where employees can thrive, and in turn, deliver exceptional results for our clients.”

Clune stands out as a beloved workplace through its Employee Stock Ownership Plan (ESOP), making our employees owners. Additionally, Clune fully covers the costs of health and life insurance, including spouses and dependents, from day one for those participating in Clune’s Wellness Program.

Over the past decade, Clune has been consistently recognized as a top workplace in regional publications across its offices nationwide. This national honor as one of the top employers in the country underscores the firm’s ongoing commitment to its people and culture.

Carlos Marquez, SIOR, joins Cushman & Wakefield as Senior Director

SAN ANTONIO, October 23, 2024 – Cushman & Wakefield announced today that Carlos Marquez, SIOR, has joined the firm as Senior Director.

A leading South Texas industrial broker, Marquez represents occupiers and investors throughout the region and in Mexico. Over the past two decades, he has closed leasing and sales transactions valued at more than $500 million.

“Cushman & Wakefield’s industry-leading industrial platform provides a tremendous opportunity to create value for clients and help them make informed real estate decisions regarding their logistics and manufacturing operations as well as new development and investment,” Marquez said. “I look forward to partnering with colleagues in South Texas, Mexico, and throughout the state and U.S. as we continue to build on the industrial sector and South Texas’s growth.”

Added Chris Hipps, Cushman & Wakefield Texas Managing Principal, “Carlos is one of the top industrial brokers in South Texas with deep experience and insight into what drives the market. That, in turn, positions him to tailor solutions and provide unrivaled outcomes for his clients. He’s a tremendous addition to our Texas industrial advisory team, and I look forward to seeing Carlos leverage Cushman & Wakefield’s resources to grow his market share.” Marquez joins Cushman & Wakefield from Partners Real Estate (formerly NAI Partners). Prior, he was with CBRE and IDI Gazeley and was responsible of the day-to-day leasing and marketing of IDI Gazeley’s industrial portfolio in South Texas and Reynosa, Mexico. He is a graduate of the Texas State University.