Newmark Group, Inc. (NMRK) Acquires Open Realty

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Newmark Acquires Renowned North American Retail Advisory Business, Open Realty

May 3, 2022 12:20 PM EDT

NEW YORK and DALLAS, May 3, 2022 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") announces the acquisition of industry-leading North American retail real estate advisory firms Open Realty Advisors and Open Realty Properties ("Open Realty"). Open Realty will join Newmark's Retail Services business line with an extensive national and global top-tier client roster, and its founders will assume significant leadership roles to expand Newmark's global retail footprint.

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