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Newmark Phoenix Capital Markets Team

Company: 

Newmark

Sales Total

$321,430,206

Completed 14 transactions totaling $321.4 million in sales volume

Highlights include the $72.1-million sale of 3131-3133 Camelback

The Newmark Phoenix Capital Markets team is a full-service investment sales team led by Barry Gabel, Chris Marchildon and CJ Osbrink. Over their 73 years of combined experience, the team completed over 500 office property sales, most of which were in the Metro Phoenix area.

In 2023, the team completed 14 transactions totaling $321 million, representing 22% of the total dollar volume for all office sales (27%, not including a medical office in 2023). The team completed four out of 10 non-office sales above $25 million in Phoenix.

The team completed the region’s largest office sale in 2023 involving the $72.1-million disposition of 3131-3133 Camelback, an 83% leased, two-building, three- and four-story Camelback Corridor located Class A office property.

Additional transactions included Warner Crossing Business Park in Tempe, AZ, for $34.5 million; Discovery Business Campus, a Tempe Class A office for $29.2 million; and Gainey Center II in Scottsdale for $26.5 million.

These are some of the reasons we selected the Newmark Phoenix Capital Markets team as one of the Phoenix & Southwest winners in Connect CREs 2024 Top Broker Awards. These awards recognize industry professionals who have demonstrated the highest standards and transaction volumes in investment sales and leasing. 

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Inside The Story

Barry GabelChris MarchildonCJ Osbrink

About Amy Wolff Sorter

I love content. I love writing it, visualizing it, and manipulating it to fit into different formats. I have years of experience in working with content, both as creator and editor. The content I create and edit provides assistance with many goals, ranging from lead generation, to developing street cred through well-timed thought-leadership pieces. Content skills include, but aren't limited to, articles and blogs, e-mails, promotional collateral, infographics, e-books and white papers, website copy and more.