Newmark announced that capital markets experts Barry Gabel and Chris Marchildon have joined its Phoenix office as executive managing directors, bringing more than 50 years of combined experience, specializing in high-profile office investment sales throughout Arizona.
Gabel and Marchildon, who will partner with C.J. Osbrink, Newmark executive managing director and a member of the West Coast capital markets team, are joined by professionals Ryan Reading, Jamie Altholz, Amy Alschlager and Ada Rose Mancusi providing financial and market analysis, marketing and client services.
“Barry and Chris, working closely with Newmark’s CJ Osbrink, create a formidable capital markets team in Phoenix,” said Kevin Shannon, co-head of U.S. capital markets at Newmark. “The addition of these two seasoned producers to our team is a testament to the unwavering expansion and influence of our national platform, which consistently attracts and retains industry-leading talent.”
With a career spanning more than four decades, Gabel has completed over 500 transactions totaling over $8.3 billion in value on nearly 37 million square feet in Arizona. He has been the recipient of numerous awards and recognitions, including NAIOP Arizona Investment Broker of the Year seven times.
Marchildon joined Gabel’s team in 2010 and has since partnered together to complete over 219 transactions totaling $4.9 billion in value. He was awarded NAIOP Arizona Emerging Broker in 2017 and NAIOP National Developing Leader of the Year in 2016. Prior to joining Newmark, Gabel and Marchildon led a comprehensive capital markets team at CBRE.
Some of the team’s most recent notable transactions include Chandler Viridian, which traded for $102 million, Terra Verde I and Tower at Scottsdale Landing, the Promenade Corporate Center office building in north Scottsdale and 27 Camelback in the Camelback Corridor.
