Acquiring Open Realty, an authority on brand-building in retail real estate, is Newmark’s next move to being the most knowledgeable, well-connected retail advisory firm in the U.S. and beyond.
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“This acquisition underscores Newmark’s commitment to brick-and-mortar retail—a foundational and enduring component of the global commercial real estate landscape. Providing top-level services to retail clients is more important than ever as the sector plays a critical role in revitalizing the economy,” said Newmark Chief Executive Officer Barry Gosin. “Acquiring Open Realty, an authority on brand-building in retail real estate, is Newmark’s next move to being the most knowledgeable, well-connected retail advisory firm in the U.S. and beyond.”
Open Realty is led by Mark Masinter, who heads the firm’s macro strategy and business development, Johnny Siegel, who spearheads tenant advisory services and asset management…
