Newmark snaps up CBRE's former vice chairman

Capital markets executive joins the group as global leader

Newmark snaps up CBRE's former vice chairman

Commercial real estate firm Newmark Group has announced the appointment of Jack Fraker (pictured) as president and global head of industrial and logistics.

Fraker, a capital markets expert with 35 years of experience under his belt, will help the group expand its business across verticals and grow its global foothold through acquisitions and hires.

"Newmark's Capital Markets advisory group, which has seen dramatic growth, is a key component of our platform's acceleration, nationally and globally," said Newmark CEO Barry Gosin. "We expect to continue this momentum, striving to attract top industry talent across verticals and aligning our advisors' capabilities to meet client needs. Jack, a household name in the industrial investment sector, will be an incredible value-add and help to drive forward Newmark's client offerings."

Before Newmark, Fraker spent nearly 20 years at CBRE, most recently as vice chairman, managing director, and head of global industrial and logistics. Additionally, he served as an executive vice president in Cushman & Wakefield's capital markets practice and held positions on the board of directors.

"Jack has built an outstanding global reputation as an influential industrial market leader, and he is a natural fit for our Capital Markets practice as we continue Newmark's momentum," said Chad Lavender, vice chairman and co-head of healthcare and alternative real estate assets at Newmark.

"Newmark is known in the industry for having a deep bench of talent and prioritizing client needs through an entrepreneurial culture and the strength of its capital markets practice," Fraker said. "The palpable spirit of collaboration and vision among Newmark professionals led to my decision to join the firm. I look forward to forging a path to even greater success alongside the company's best-in-class industrial and capital markets advisors."

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