October 5, 2021 10:00 a.m.
Newmark is pleased to announce that Nick Wood has been appointed Executive Vice President, responsible for industrial and logistics services. Wood will be responsible for the strategic direction of the company’s industrial activities, further increasing industry capabilities, infrastructure and recruiting, with a focus on continuous improvement in customer service.
Wood, who joined Newmark in 2002, will continue his role as a market leader in the Salt Lake City area, where Newmark has always been recognized as an industry leader. Additionally, under Wood’s leadership are Boise, Idaho and Reno, Nevada, where he played a strategic role in growing client offerings by bringing in top-level brokerage talent in the respective markets.
“Nick is a proven leader at Newmark, strengthening our presence in key South West markets. His track record of success in management and brokerage, his established history with the professionals of Newmark, his expertise in supply chain dynamics and the resolution of complex real estate transactions make him well suited for this role, ”said Luis Alvarado , Newmark’s Director of Revenue. “Newmark is poised to build on its momentum of building a high caliber talent pool to continue delivering exceptional results to its clients as industrial and logistics market trends transform and accelerate.
Wood added, “I am delighted to expand my role to lead Newmark’s industrial and logistics business line and to have the opportunity to work alongside our top professionals on our platform to improve offerings and customer capabilities. Newmark offers the resources, analysis and expertise to help customers navigate and adapt to the ever-changing landscape of industry and logistics, manufacturing, distribution and cold storage to networks. supply chain, retail and e-commerce. ”
Wood has extensive real estate experience with nearly two decades of experience. Prior to his current management role, Wood was a brokerage professional specializing in agency leasing. He and his team have always been recognized among the top performers in the company. Wood has won numerous awards for his professional achievements and is named one of Utah Business magazine’s 40 award winners. Wood received a Bachelor of Science in Business Administration from Weber State University.
Newmark Group, Inc. (Nasdaq: NMRK), along with its subsidiaries (“Newmark”), is a global leader in commercial real estate, seamlessly fueling every phase of the property lifecycle. Newmark’s full suite of services and products are uniquely tailored to suit every customer, from owners to occupants, investors to founders, and startups to blue chip businesses. Combining the platform’s global reach with market intelligence in established and emerging real estate markets, Newmark provides superior service to clients across the industry. Newmark generated revenues of over $ 2.2 billion for the twelve months ending June 30, 2021. The offices owned by the Newmark company, as well as its business partners, operate from more than 160 offices with approximately 6,200 professionals worldwide. To learn more, visit nmrk.com or follow @newbrand.
Discussion of forward-looking statements regarding Newmark
Statements contained 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 regarding the effects of the COVID-19 pandemic on the business, results, financial condition, liquidity and prospects of the Company, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, perhaps materially, from what is currently expected. Except as required by law, Newmark assumes 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 forward-looking statements, see Newmark’s Securities and Exchange Commission documents, including, but not limited to, the risk factors and the special note on Forward-looking information set out in these documents and any updates to these risk factors and the special note on forward-looking information contained in subsequent reports on Form 10-K, Form 10- Q or Form 8-K.