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Newmark Awarded 21M-SF Office Portfolio Management Assignment
Newmark has secured a long-term property and project management assignment with leading institutional investor and developer 601W Companies, expanding the relationship through management of more than 21 million square feet of office assets across the U.S., including Chicago, New York, New Jersey and Los Angeles.
Newmark secured the assignment through an effort led by Jesse Van Dyke, Executive Vice President, Midwest Regional Market Leader, and Richard Holden, President, Property Management, who worked closely with 601W Companies. The 601W portfolio comprises more than 12 million square feet in Chicago and more than nine million additional square feet across key U.S. markets, including New York City, New Jersey and Los Angeles.
“With a significant concentration of assets in Chicago and major holdings across other U.S. markets, this assignment highlights the value of combining deep local market knowledge with the resources and capabilities of our global platform,” said Van Dyke.
