Newmark Group Inc. has added markets expert Jack Fraker as president and global head of industrial and logistics. Throughout his 35-year career, Fraker has been a consistent top national producer in industrial investment sales, r0Fepresenting some of the country’s largest corporations, global investors, pension fund advisors and REITs. Not including his participation in a larger team, Fraker has personally completed industrial capital markets transactions totaling 1.5 billion square feet and $85 billion in more than 60 U.S. cities, Mexico, Europe, Japan and South America, as well as approximately 12,000 acres of development site transactions.
“Newmark’s Capital Markets advisory group, which has seen dramatic growth, is a key component of our platform’s acceleration, nationally and globally,” said Newmark Chief Executive Officer Barry Gosin. “We expect to continue this momentum, striving to attract top industry talent across verticals and aligning our advisors’ capabilities to meet client needs. Jack, a household name in the industrial investment sector, will be an incredible value-add and help to drive forward Newmark’s client offerings.”
Fraker’s career is decorated with industry accolades including SIOR’s Largest Transaction Award – Industrial & Investment for one of the largest SIOR transactions ever reported in 2017, the Lifetime Achievement Award from Dallas Business Journal in 2014. Early in his career, he received the Stemmons Service Award, a top honor from North Texas Commercial Association of Realtors, among many others. Fraker serves on the Cristo Rey Dallas College Prep school Board of Directors.
Before joining Newmark, Dallas-based Fraker worked at CBRE for nearly two decades, most recently as vice chairman, managing director and head of Global Industrial and Logistics. He also previously served as an executive vice president in Cushman & Wakefield’s Capital Markets practice and held a position on the board of directors.
“Jack has built an outstanding global reputation as an influential industrial market leader, and he is a natural fit for our Capital Markets practice as we continue Newmark’s momentum,” said Chad Lavender, vice chairman and co-head of Healthcare and Alternative Real Estate Assets.
