Kansas City, MO (February 8, 2023) — Kansas City-based commercial real estate firm Newmark Zimmer is celebrating its 75th anniversary in 2023. Newmark Zimmer is among the longest standing real estate firms in Kansas City, beginning in 1948 when Al Zimmer opened his brokerage firm, AW Zimmer & Company, on Wyandotte Street in the Board of Trade Building. From there, Al’s sons, Hugh and Bill, evolved what started as an industrial brokerage company into one of the region’s most active and prominent real estate services company.
“The work ethic and commitment to maintaining the highest level of integrity are still as important today as they were 75 years ago,” said David Zimmer, Newmark Zimmer Vice Chairman and Principal. “Dad always said that to build a successful company, you had to work hard, be honest and give back to your industry and community. Those three tenets are what the company has been built on since day one.”
Today, Newmark Zimmer is regularly recognized as one of the top brokerage firms in the region, negotiating more than 500 transactions and hundreds of millions of dollars of institutional capital market sales per year. The firm currently manages more than 14.5 million square feet of industrial, office, medical, retail and educational property and serves as corporate real estate advisor for an assortment of local, regional, national and international companies.
Newmark Zimmer has been responsible for some of the most iconic developments in the Midwest region including the NNSA National Security Campus, Sprint World Headquarters Campus and the Village West tourism, entertainment and retail district — each valued at $1 billion or more. Additionally, Newmark Zimmer developed Lenexa Industrial Park, Southlake Technology Park, AirWorld Center Business Park, Heartland Meadows and the Federal Reserve Bank in Kansas City, Missouri.
“We have built upon our legacy to regularly handle the most significant and complex projects in the region,” said Mark Long, Newmark Zimmer President and Chief Executive Officer. “The focus has always been to stay at the forefront of commercial real estate companies, and we have evolved and adapted over time.”
Over the years, Newmark Zimmer has employed two past presidents of the Society of Industrial and Office Realtors, three past presidents of the Kansas City Regional Associations of REALTORS, three Counselors of Real Estate, one past president of the Institute of Real Estate Management, one past president of the International Facility Management Association, and numerous other leadership roles in industry organizations.
“Our culture creates and promotes leadership which in turn develops leaders in the real estate industry and our community,” said Long. “Today we have a strong bench of leaders who will continue to carry on what has been built.”
About Newmark Zimmer
Newmark Zimmer is a full-service commercial real estate company providing a range of services including sales and leasing, investment sales, property and facilities management, global corporate services, and owner’s representative services for public and private development projects. Its staff boasts an array of experience in design, construction, valuation, finance and legal matters.
Regularly recognized as one of the top brokerage firms in the region, Newmark Zimmer manages more than 14.5 million square feet of office, medical, industrial and retail property, and serves as corporate real estate advisor for an assortment of local, regional, national and international companies.
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.
