Newmark

Overview

Newmark is a global commercial real estate advisory firm offering a comprehensive suite of services tailored to the data center industry. Their offerings encompass property management, valuation and advisory, and capital markets services. In property management, Newmark provides critical facilities management, including budget development, risk mitigation, maintenance, and sustainability initiatives. Their valuation and advisory services deliver expert appraisals and consultative solutions for various data center types, such as powered shell, turnkey, colocation facilities, and mission-critical tech offices. Additionally, Newmark's capital markets team offers advisory services in capital formation, asset acquisition and disposition, debt and equity financing, platform advisory, mergers and acquisitions, and corporate strategy consulting.

Newmark distinguishes itself through its extensive experience and global reach in the data center sector. Their team comprises industry veterans with deep insights into operational, mechanical, financial, and regulatory aspects of data centers. Strategically, Newmark has been involved in significant projects, such as arranging a $2.3 billion construction financing for a 206 MW build-to-suit data center in Abilene, Texas, and advising on a $5 billion joint venture to develop AI/high-power computing data centers across the U.S. These initiatives underscore Newmark's commitment to supporting large-scale, innovative data center developments and their ability to navigate complex transactions in this rapidly evolving industry.