Newmark has hired Senior Managing Directors Chase Deuschle and Christina Cotter, market-leading advisors within the automotive sector, to launch the company’s automotive advisory group. The two bring more than 20 years of experience working with the nation’s largest publicly traded and privately held retail automotive companies on acquisitions, dispositions, valuation services, lease negotiation and sale-leasebacks, touching all property types including retail, industrial, land and office throughout North America. Aaron Lazar also joins as the team as an associate.
“The auto industry is undergoing transformative change driven by vehicle electrification, advanced manufacturing technology and evolving consumer preferences,” said Liz Hart, president of leasing for North America. “This rapid evolution impacts nearly every asset class, from manufacturing and logistics facilities to office spaces and dealerships.”
Automotive companies are one of the leading drivers of new manufacturing facility investment throughout North America, according to Newmark Research. The automotive and transportation sector has driven upwards of $142 billion in announced manufacturing facilities across the U.S. since 2020, as companies expand their electric vehicle (EV) and mobility industry supply chains.
“Chase, Christina and Aaron’s deep understanding of the automotive sector enables Newmark to provide clients with the insights and strategies needed to navigate complex real estate decisions and serve the unique needs of this sector at scale,” said Sean Moynihan, Tri-State Market Leader.
Prior to joining Newmark, Deuschle, Cotter and Lazar worked for CBRE, where they specialized in automotive commercial real estate.
