Newmark Arranges Sale and Acquisition Financing of 1.38-Million-Square-Foot Shallow Bay Logistics Portfolio
Newmark (Nasdaq: NMRK) arranged sale and acquisition financing for a 19-property, 1.38-million-square-foot shallow bay logistics portfolio across Dallas–Fort Worth, Chicago, Cincinnati and Indianapolis.
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Rhea-AI Summary
Newmark (Nasdaq: NMRK) arranged sale and acquisition financing for a 19-property, 1.38-million-square-foot shallow bay logistics portfolio across Dallas–Fort Worth, Chicago, Cincinnati and Indianapolis.
A joint venture bought the portfolio from Mapletree for $207.5 million; Newmark secured a $150.9 million loan from Wells Fargo for the buyer. Portfolio occupancy is over 94% leased with average building size 72,614 sq ft.
Positive
- Transaction value of $207.5 million
- $150.9 million acquisition loan secured from Wells Fargo
- 1.38 million sq ft across 19 logistics properties
- Portfolio occupancy > 94% leased with average building size 72,614 sq ft
Negative
- Concentration risk: 13 of 19 properties located in Dallas–Fort Worth
- Loan represents a majority of purchase financing: $150.9M vs purchase price $207.5M
Details
News Market Reaction – NMRK
On May 5, the day this news came out, NMRK closed 4.41% above the previous close.
Data tracked by StockTitan Argus for the May 5 session.
Key Figures
- Portfolio size
- 19 properties
- Shallow bay logistics portfolio across four U.S. metros
- Portfolio area
- 1.38 million square feet
- Shallow bay logistics portfolio
- Sale price
- $207.5 million
- Acquisition of 19-property logistics portfolio
- Acquisition loan
- $150.9 million
- Loan from Wells Fargo to buyer
- Average building size
- 72,614 square feet
- Average per property in the portfolio
- Leased percentage
- over 94% leased
- Occupancy across the portfolio
- Industrial sales growth
- 12% year-over-year
- U.S. industrial sales in Q4 2025
- DFW properties
- 13 properties
- Dallas-Fort Worth share of the portfolio
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24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
shallow bay logistics technical
acquisition financing financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Newmark President, Global Head of Industrial & Logistics Capital Markets Jack Fraker, Senior Managing Director Dom Espinosa and Associate Travis McEldowney advised the seller, in cooperation with Executive Vice Chairman Terry Coyne and Vice Chairmen Melissa
"This transaction highlights the strong appetite for prime logistics properties across key
The portfolio includes 13 properties in the
According to Newmark Research,
Vice Chairmen and Co-Heads of Texas Industrial Capital Markets Dustin Volz and Stephen Bailey and Managing Director Zach Riebe also assisted in the transaction.
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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