Newmark Hires Office Leasing Team, Expanding Life Science Practice Group in the Greater Los Angeles Market

Los Angeles, CA (November 14, 2022) — Newmark is pleased to announce the hiring of office leasing specialists Shaun Stiles, Katie Cowan and Hayden Clegg. The team will be based at the firm’s Downtown Los Angeles office and focused on agency leasing and tenant representation in the Tri-Cities market as well as specializing in the life science industry.

Stiles, a 30-year industry veteran, joins as an Executive Managing Director and will spearhead Newmark’s Life Science Practice Group in the Greater Los Angeles Area. Cowan assumes the role of Managing Director while Clegg joins as a Director.

“We are thrilled to welcome Shaun, Katie and Hayden to Newmark,” said Nick DiPaolo, Newmark Executive Vice President and Los Angeles Market Leader. “This team’s success and strong client connections are a testament to their leadership and expertise in the market at a time when clients need innovative strategies to navigate a quickly evolving office landscape.”

“Our team is very excited to bring our experience specializing in the Tri-Cities market and in the life science vertical to Newmark,” said Stiles. “We are confident that Newmark’s platform will allow us to provide world-class service to our clients.”

DiPaolo continued, “As the life science sector continues to grow, specifically in Los Angeles where it is well on its way to becoming a major cluster, it is more imperative than ever that the top real estate advisors lead our practice in every key market across the country. Shaun will be an invaluable addition to our leading Life Science Practice Group.”

The team’s landlord clients include Alexandria Real Estate Equities, Beacon Capital Partners, Nuveen, Kennedy Wilson and J.P. Morgan. Their tenant clients include Bluebeam, Atara Bio, Capsida, GenVivo and Beren Therapeutics.

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. Newmark generated revenues of approximately $3.1 billion for the twelve months ending September 30, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world.

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 effects of the COVID-19 pandemic on 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.