Newmark is a commercial real estate brokerage firm that handles property sales, leases, and valuations
Newmark is one of the largest commercial real estate services companies in the United States. The firm brokers office, industrial, retail, and multifamily properties — meaning it represents buyers, sellers, landlords, and tenants in transactions. Newmark also provides valuation services, property management, and market research for commercial real estate investors and occupiers.
The company operates through a network of local offices across major U.S. markets and internationally. When you work with a Newmark broker, you are working with someone employed by or affiliated with the firm who specializes in a particular property type or geographic area. Newmark makes money by collecting commissions on completed transactions, typically paid by the seller or landlord.
Key Takeaways
- Newmark brokers represent buyers, sellers, landlords, and tenants in commercial property transactions across multiple property types.
- The firm provides transaction brokerage, valuation services, and market research for commercial real estate professionals and investors.
- Newmark operates local offices in major U.S. markets, so you contact the office that covers your geographic area or property type.
- Brokers at Newmark are paid commission on completed deals, not by hourly fees or upfront charges to clients.
- The firm publishes market reports and research that commercial real estate professionals use to understand local pricing and trends.
What types of properties Newmark brokers handle
Newmark brokers work with four main property categories: office space (including Class A and Class B buildings), industrial properties (warehouses, distribution centers, manufacturing facilities), retail properties (shopping centers, street-level storefronts, anchor tenant spaces), and multifamily buildings (apartment complexes and residential rental properties with five or more units).
Within each category, brokers specialize further by geography and by whether they represent landlords leasing space or buyers and tenants purchasing or occupying it. A Newmark broker in Los Angeles might focus only on industrial properties in the Inland Empire, while another in New York might specialize in Manhattan office leasing. This specialization means the broker you contact should have detailed knowledge of your specific market and property type.
How to find a Newmark broker for your property or market
Newmark's website lists local offices by city and region. You can search for the office nearest to your property or the market you are interested in. Once you identify the relevant office, you can browse the brokers listed there and their specialties — most profiles show which property types and neighborhoods each broker covers.
If you are buying, selling, or leasing commercial property, you can contact the local office directly by phone or email and describe your situation. The office will connect you with a broker who handles your property type and area. You do not need to register or fill out a form first; a phone call or email inquiry is the standard way to start a conversation with a Newmark broker.
What happens when you work with a Newmark broker
If you are a landlord or seller, a Newmark broker will list your property, market it to potential tenants or buyers, and negotiate terms on your behalf. The broker earns a commission (typically split between the broker representing the landlord and the broker representing the tenant or buyer) only when a deal closes. You do not pay the broker an upfront fee.
If you are a tenant or buyer, you can also work with a Newmark broker who represents your interests. That broker will search available properties, arrange showings, and negotiate lease or purchase terms with the landlord's or seller's broker. Again, the broker's commission comes from the transaction itself, not from you directly — though the commission is ultimately reflected in the deal's economics.
Throughout the process, the broker provides market data, comparable sales or lease information, and guidance on pricing and terms. Newmark brokers have access to the firm's research and databases, which they use to support negotiations and valuations.
Newmark's research and market reports
Newmark publishes quarterly and annual market reports for major U.S. commercial real estate markets. These reports cover vacancy rates, average rents or sale prices, absorption (how much space is being leased or sold), and trends in each property type. The reports are free and available on Newmark's website, organized by market and property type.
Commercial real estate professionals, investors, and corporate real estate teams use these reports to understand local market conditions before making decisions about expansion, relocation, or investment. The data helps answer questions like "What is the average rent for Class A office in downtown Denver?" or "How much industrial space was absorbed in the Atlanta market last quarter?" If you are evaluating a commercial real estate decision, Newmark's market reports are a useful reference point.
Newmark's valuation and advisory services
Beyond brokerage, Newmark provides appraisals and valuations of commercial properties. These are used by lenders evaluating a mortgage process, by investors assessing a potential purchase, or by property owners for tax or insurance purposes. A Newmark appraiser will inspect the property, analyze comparable sales and leases, and produce a formal valuation report.
Newmark also offers consulting services on topics like lease restructuring, property repositioning, and market strategy. These services are typically used by institutional investors, large corporate occupiers, and property owners managing significant portfolios. If you are a smaller investor or occupier, you are more likely to interact with Newmark through its brokerage services.
How Newmark compares to other commercial real estate brokers
Newmark is one of several large national commercial real estate brokerages. CBRE, JLL (Jones Lang LaSalle), and Cushman & Wakefield are similarly sized competitors. All four firms operate in most major U.S. markets and offer transaction brokerage, valuation, and research services.
The main practical difference for you is local presence and broker informed. A smaller regional brokerage may have deeper relationships in a specific market, while a national firm like Newmark offers broader resources and research. If you are working in a major metropolitan area, you will likely find may have access to brokers at multiple firms. Your choice often comes down to which broker you trust and which firm's market data and resources seem most relevant to your situation.
Frequently Asked Questions
Do I have to pay Newmark a fee to work with a broker?
No. Newmark brokers are paid by commission on completed transactions, not by fees charged to clients. If you are a seller or landlord, the commission is typically split between your broker and the buyer's or tenant's broker. If you are a buyer or tenant, you do not pay the broker directly — the commission is built into the deal.
Can I use a Newmark broker if I am just exploring options, not ready to buy or lease?
Yes. Brokers are often willing to discuss the market, show properties, and answer questions even if you are in the early exploration phase. Since they only earn money on closed deals, they have an incentive to build relationships and stay in touch until you are ready to move forward. There is no obligation to work exclusively with one broker.
How do I know if a Newmark broker is the right fit for my market?
Check the Newmark website for the local office in your area and review the brokers listed there. Look for someone who specializes in your property type (office, industrial, retail, or multifamily) and has experience in your specific neighborhood or submarket. You can also call the office and ask for a recommendation based on your needs.
Where can I find Newmark's market research and reports?
Newmark publishes market reports on its website, organized by city and property type. The reports are free to view and read. You can also contact a local Newmark office and ask for market data relevant to your property or area — brokers often share this information as part of initial conversations.
What is the difference between working with Newmark and a smaller local broker?
Newmark offers national resources, extensive market research, and a large network of brokers across multiple markets. A smaller local broker may have deeper relationships in a specific area and more personalized attention. The choice depends on whether you value the firm's scale and research or prefer a more localized approach.