Newmark has launched a Technology & Innovation Practice Group, focused on technology, advertising, media and information (TAMI) and technology, media and telecom (TMT) tenants within the office sector. The formalization of the specialty practice group is the culmination of years of successful tech tenant representation, reflecting the cross-market collaboration that has fueled the platform’s growth.
Newmark’s Technology & Innovation Practice Group was conceived five years ago by Jimmy Kuhn, Newmark president and head of investor services, in conjunction with industry experts now leading the group: Vice Chairmen Elizabeth Hart in San Francisco, California and Ben Shapiro in New York City and Senior Managing Directors Andrew Blaustein in Denver, Colorado and Jennifer Frisk in Los Angeles, California.
“The TAMI and TMT sectors require an innovative and collaborative approach focused on technology,” said Hart. “The formation of the Technology & Innovation Practice Group allows Newmark to apply its expertise to complement the next-generation workplace, cultivating a variety of best practices to advance the tech industry’s ethos across the globe.”
The group’s professionals have served clients ranging from start-ups to Fortune 500 companies in burgeoning and major markets. The group optimizes a full suite of real estate solutions for its clients, from strategic planning and advisory in site selection, distributed office mapping, growth planning and workplace strategy, to execution —acquisition, disposition, leasing, subleasing, financial analysis, project management and portfolio management.
“The formal recognition of Newmark’s Technology & Innovation Practice Group is a testament to the tireless dedication and vast expertise of all our tech professionals,” said Kuhn. “This group combines each member’s well-established market intelligence and strong relationships across the industry to streamline and strengthen a wide range of real estate solutions for our clients.”