Steven Beyda as joined has joined Newmark as an executive managing director within the company’s Industrial Advisory Group (IAG). Based in the Rutherford, N.J. office, Beyda will focus on agency leasing and strategic advisory, with a mandate to grow the platform’s institutional footprint.
Beyda brings more than two decades of industrial real estate experience spanning brokerage and development. Over the course of his brokerage career, he has completed over 30 million square feet of industrial transactions totaling more than $3 billion.
“Steve’s dual perspective spanning both brokerage and ownership brings a unique advantage to our company,” said Sean Moynihan, executive vice president and Tri-state market leader. “He’s a proven advisor with deep relationships, and his ability to drive execution will be critical as we scale our agency presence.”
Most recently, Beyda served as senior vice president of industrial at Woodmont Industrial Partners, where he helped scale the firm’s national portfolio tenfold. He previously held senior roles at CBRE and began his career at JLL. Some of his notable assignments include Duke’s 1.1 million-square-foot Legacy Commerce Center redevelopment in Linden, Prologis’s 800k square foot acquisition of V. Paulius’s Carteret portfolio, and Bridge Development’s 3.9 million-square-foot Bridgepoint78 redevelopment in Phillipsburg.
On the investment side, his transactions include the acquisition of the 1.1 million-square-foot Target Distribution Center at Logan North and the acquisition and disposition of 130 acres as a fully entitled, 352,000-square-foot property to Restaurant Depot.
The addition of Beyda marks the latest in a series of IAG hires. Over the past year, the firm has welcomed Steve Cumbo, a veteran in supply chain and network strategy; Jeff Cecil and Sara Troy, who bring deep tenant advisory expertise across North America and Dave Aschenbrand, a national expert in cold chain logistics.
