Newmark Arranges $360 Million Sale of Industrial Redevelopment Opportunity in Newark, NJ on behalf of Anheuser-Busch
Newmark (Nasdaq: NMRK) advised Anheuser-Busch on the $360 million sale of an approximately 86-acre, >1.7 million square foot industrial redevelopment site in Newark, New Jersey, to Goodman Group on May 6, 2026.
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Rhea-AI Summary
Newmark (Nasdaq: NMRK) advised Anheuser-Busch on the $360 million sale of an approximately 86-acre, >1.7 million square foot industrial redevelopment site in Newark, New Jersey, to Goodman Group on May 6, 2026.
The Property sits adjacent to Newark Liberty Airport, under EWR/EWR-S zoning, with rail access and highway connectivity, and is positioned within a dense consumer and labor catchment for logistics and data-center uses.
Positive
- $360 million transaction value for Newark industrial site
- Site comprises ~86 acres and >1.7 million sq ft of existing structures
- Buyer is global industrial owner Goodman Group, indicating institutional demand
Negative
- None.
Details
News Market Reaction – NMRK
On May 7, the first trading day after this news, NMRK closed 1.63% above the previous close.
Data tracked by StockTitan Argus for the May 7 session.
Key Figures
- Transaction value
- $360 million
- Sale of former Anheuser-Busch Newark facility advised by Newmark
- Site size
- 86 acres
- Industrial redevelopment site in Newark, New Jersey
- Existing structures
- More than 1.7 million square feet
- Buildings on the Newark industrial property
- Industrial vacancy
- 6.3%
- Northern and Central New Jersey industrial market vacancy entering 2026
- Nearby residents
- More than 20 million
- Residents within a 15-mile radius of the property
- Local workforce
- Over 150,000 workers
- Transportation and warehouse workers within 30-minute drive
Historical Context
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Reported stronger Q1 2026 financial results and held earnings call.
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Named Jack Fuchs President of Global Asset Services and set growth target.
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Increased revolver to $900 million and extended maturity to 2030.
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Advised Blue Owl on planned $2.4 billion Sila Realty Trust acquisition.
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Arranged $830 million financing for a large U.S. housing portfolio.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
net absorption technical
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Newmark Executive Vice Chairman Adam Doneger, acting as strategic advisor for his client, in cooperation with Executive Managing Director Adam Petrillo, served as exclusive advisors to Anheuser-Busch in the transaction. Executive Managing Director Avery Silverstein, Co-Head of
Comprising approximately 86 acres and more than 1.7 million square feet of existing structures, the Property represents one of the largest industrial redevelopment opportunities in the
"Few sites offer this level of scale, connectivity and zoning flexibility," said Doneger. "These characteristics, combined with its location within one of the nation's most critical logistics corridors, position it to support the next generation of industrial and infrastructure users."
According to Newmark Research, Northern and
Located adjacent to Newark Liberty International Airport and less than one mile from
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.
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