Dallas-based institutional capital markets expert Jack Fraker has joined Newmark Group Inc., a full-service commercial real estate firm, as president and global head of industrial and logistics.
Newmark has offices in Dallas and Plano.
“Newmark’s Capital Markets advisory group, which has seen dramatic growth, is a key component of our platform’s acceleration, nationally and globally,” Newmark Chief Executive Officer Barry Gosin said in a statement. “We expect to continue this momentum, striving to attract top industry talent across verticals and aligning our advisors’ capabilities to meet client needs. Jack, a household name in the industrial investment sector, will be an incredible value-add and help to drive forward Newmark’s client offerings.”
Jack Fraker of Newmark [Courtesy photo]
Newmark said that throughout his 35-year career, Fraker has been a consistent top national producer in industrial investment sales, representing some of the country’s largest corporations, global investors, pension fund advisers, and REITs.
The company said that not including his participation in a larger team, Fraker has personally completed industrial capital markets transactions totaling 1.5 billion square feet and $85 billion in more than 60 U.S. cities, Mexico, Europe, Japan, and South America, as well as roughly 12,000 acres of development site transactions.
Newmark said that Fraker’s hiring further emphasizes its commitment to its capital markets business across verticals and the growth of its global presence through organic productivity growth, acquisitions, and hires.
Fostering ‘an entrepreneurial culture’
While U.S. investment sales volumes have increased 27% and U.S. debt originations have grown 42% between 2015 and 2022, Newmark said it has increased its respective volumes ten times faster than the overall market, by 273% and 426% over the same period.
“Newmark is known in the industry for having a deep bench of talent and prioritizing client needs through an entrepreneurial culture and the strength of its Capital Markets practice. The palpable spirit of collaboration and vision among Newmark professionals led to my decision to join the firm,” Fraker said in a statement. “I look forward to forging a path to even greater success alongside the company’s best-in-class industrial and capital markets advisors.”
Fraker’s accolades include SIOR’s Largest Transaction Award – Industrial & Investment for one of the largest SIOR transactions ever reported in 2017, the Lifetime Achievement Award from Dallas Business Journal in 2014, and, early in his career, the prestigious Stemmons Service Award, a top honor from North Texas Commercial Association of Realtors, among many others.
Before coming to Newmark, Fraker worked at CBRE for nearly two decades—most recently as vice chairman, managing director and head of global industrial and logistics. He previously served as an EVP in Cushman & Wakefield’s Capital Markets practice and held a position on the board of directors.
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