Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center Submarket [Yahoo! Finance]
Newmark Group, Inc. - Class A (NMRK)
Last newmark group, inc. - class a earnings: 2/13 08:01 am
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Source: Yahoo! Finance
Preston Commons , a three-building, 427,799-square-foot office campus located in Dallas' coveted Preston Center submarket. Newmark Vice Chairmen Robert Hill Chris Murphy and Gary Carr represented the seller in the transaction. Preston Commons is 93% leased to a distinguished roster of tenants. Over the last decade, approximately $24 million in yield-generating capital has been invested into the campus to support luxury renovations and building enhancements. The campus is positioned within walking distance of Dallas' most desirable shops and restaurants, further enhancing its appeal within the Preston Center submarket. "Against a backdrop of challenging office investment market rhetoric, the sale of Preston Commons proved that liquidity remains for Dallas' premier assets," said Murphy. "We are proud to have worked closely with key clients to achieve the largest office sale by volume in the state of Texas for the second year in a row." Preston Commons boasts an array of high-end a
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News
- Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of Commerce [Yahoo! Finance]Yahoo! Finance
- Newmark's Executive Chairman Howard W. Lutnick Nominated for U.S. Secretary of CommercePR Newswire
- Newmark Facilitates Sale of 427,799-SF Office Campus in Dallas' Sought-After Preston Center SubmarketPR Newswire
- Newmark Advises URW in €172.5 Million Office SalePR Newswire
- Newmark Advises URW in €172.5 Million Office SalePR Newswire
NMRK
Earnings
- 11/6/24 - Beat
NMRK
Analyst Actions
- 9/5/24 - Keefe, Bruyette & Woods
NMRK
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form 8-K
- 11/12/24 - Form SC
- NMRK's page on the SEC website