Newmark arranges $207.5 million sale of logistics portfolio across four markets
Newmark Group Inc. (NASDAQ: NMRK) arranged the sale and acquisition financing of a 19-property logistics portfolio totaling 1.38 million square feet across the Dallas-Fort Worth, Chicago, Cincinnati and Indianapolis metropolitan areas.
A joint venture between a global asset manager and Dalfen Industrial acquired the assets from Mapletree Investments for $207.5 million. Newmark also secured $150.9 million in acquisition financing from Wells Fargo for the buyer.
The portfolio consists of 13 properties in Dallas-Fort Worth, four in Chicago, one in Cincinnati and one in Indianapolis. The buildings average 72,614 square feet and are over 94% leased. The properties feature clear heights up to 28 feet and various loading configurations.
Jack Fraker, Newmark's president and global head of Industrial & Logistics Capital Markets, led the seller advisory team. Jordan Roeschlaub, co-president of Global Debt & Structured Finance, headed the financing arrangement.
"This transaction highlights the strong appetite for prime logistics properties across key U.S. markets," Fraker said in a statement.
According to Newmark Research, U.S. industrial sales in the fourth quarter of 2025 increased 12% year-over-year, with transaction volume rising sequentially each quarter. Fourth-quarter activity registered the highest volume since 2022.
Newmark reported revenues of more than $3.4 billion for the twelve months ended March 31, 2026. The company operates from over 185 offices with more than 9,600 professionals across four continents as of March 31, 2026.
