New York, NY (October 5, 2021) — Newmark is pleased to announce that Nick Wood has been named Executive Vice President, Head of Industrial & Logistics Services. Wood will be responsible for the strategic direction of the firm’s industrial business, further augmenting the business line capabilities, infrastructure and recruitment, with a focus on continuing to enhance client service.
Wood, who joined Newmark in 2019, will continue his role as Market Leader of the Salt Lake City region, where Newmark has consistently been recognized as an industry leader. Additionally, under Wood’s leadership is Boise, Idaho and Reno, Nevada, where he has played a strategic role in the growth of client offerings by bringing on top-level brokerage talent in the respective markets.
“Nick is a proven leader at Newmark, bolstering our presence in key Southwest markets. His track record of success in management and brokerage, established history with Newmark’s professionals, expertise in supply chain dynamics and solving for complex real estate transactions make him well suited for this role,” stated Newmark Chief Revenue Officer Luis Alvarado. “Newmark is poised to continue its momentum of building a high-caliber bench of talent to continue to deliver exceptional outcomes for clients as industrial and logistics market trends transform and accelerate.”
Wood added, “I am excited to expand my role to lead Newmark’s Industrial & Logistics business line and have the opportunity to work alongside our best-in-class professionals across our platform to enhance client offerings and capabilities. Newmark offers the resources, analytics and expertise to help clients navigate and adapt to the ever-changing landscape of industrial and logistics from manufacturing, distribution and cold storage to supply chain networks, retail and e-commerce.”
Wood has an extensive real estate background with experience spanning nearly two decades. Prior to his current management role, Wood was a brokerage professional with a focus on agency leasing. He and his team were consistently recognized among the top performers at the company. Wood has earned numerous awards based on professional achievements and is named among Utah Business Magazine’s Forty Under Forty honorees. Wood earned a Bachelor of Science degree in Business Administration from Weber State University.
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 in excess of $2.2 billion for the trailing twelve months ending June 30, 2021. Newmark’s company-owned offices, together with its business partners, operate from over 160 offices with approximately 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.