Newmark Group Inc. has expanded its Capital Markets services with the launch of the Data Center and Digital Infrastructure practice group, further expanding its expertise in alternative assets. Newmark has hired Brent Mayo as executive managing director to anchor the practice group.
The Data Center and Digital Infrastructure Capital Markets practice group further solidifies the company’s position in alternative assets, in which Newmark has ranked No. 1 in total investment sales representation for the last four and a half years.
“Newmark is committed to adding best-in-class personnel, with a focus on the areas where clients need guidance and where there is an opportunity to hire experts in those spaces, underpinning our growth trajectory and the talent we’ve amassed,” said Chad Lavender, president of capital markets for North America .
Mayo, based in the New York City headquarters, specializes in capital formation, financings, asset sales and platform advisory. In his role, Mayo will work with Newmark’s Capital Markets advisors on capital formation, financing and asset and portfolio sales and alongside the firm’s Data Center Consulting Group advisors, leading the market in data center strategies, valuation and advisory, management, evaluation and performance.
Throughout his career, Mayo has been involved in some of the most significant data center and digital infrastructure deals in the last decade, including CyrusOne’s $16 billion sale to KKR and GIP, Odata’s multibillion-dollar sale to Aligned Data Centers, AtlasEdge’s formation and subsequent acquisition of DataCenter One and Data Foundry’s sale to Switch data centers. Mayo joins Newmark from DH Capital, a division of Citizens, an investment bank solely focused on data centers and digital infrastructure.
