Business
Newmark Arranges $360 Million Sale of Industrial Redevelopment Opportunity in Newark, NJ on behalf of Anheuser-Busch
Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has advised Anheuser-Busch in the $360 million sale of its former facility (the "Property") in Newark, New Jersey, to Goodman Group, a global leader in industrial real estate ownership and development.
About this update from Goodman Group
[{"type":"text","content":"NEW YORK, May 6, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has advised Anheuser-Busch in the $360 million sale of its former facility (the "Property") in Newark, New Jersey, to Goodman Group, a global leader in industrial real estate ownership and development.","length":510,"tagName":"p"},{"type":"image","alt":"Newmark Group, Inc. (PRNewsfoto/Newmark Group, Inc.)","displaySize":"","headline":null,"caption":"Newmark Group, Inc. (PRNewsfoto/Newmark Group, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":63,"url":"https://media.zenfs.com/en/prnewswire.com/0910291012f8767c74bdad6f50603da1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zOaLwjkBlPjM.EUPXF37fA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExMQ--/https://media.zenfs.com/en/prnewswire.com/0910291012f8767c74bdad6f50603da1","width":400,"height":63},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/4cu1Rr.dSt1KNAT8ZxIe0Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTEwMQ--/https://media.zenfs.com/en/prnewswire.com/0910291012f8767c74bdad6f50603da1","width":400,"height":63}},"href":"https://mma.prnewswire.com/media/1057994/Newmark_Group_Logo_v1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Newmark Executive Vice Chairman Adam Doneger, acting as strategic advisor for his client, in cooperation with Executive Managing Director Adam Petrillo, served as exclusive advisors to Anheuser-Busch in the transaction. Executive Managing Director Avery Silverstein, Co-Head of U.S. Capital Markets Adam Spies and Vice Chairman Dustin Volz also provided strategic support.","length":372,"tagName":"p"},{"type":"text","content":"Comprising approximately 86 acres and more than 1.7 million square feet of existing structures, the Property represents one of the largest industrial redevelopment opportunities in the New York metro area. The parcel falls within the EWR/EWR-S zoning districts, supporting a wide range of industrial, logistics, airport-related, data center, commercial and hospitality uses.","length":374,"tagName":"p"},{"type":"text","content":""Few sites offer this level of scale, c...