Mark Fowler, SIOR, joined Newmark in 2014 as a Managing Director in the firm’s East Brunswick, New Jersey office. Mark specializes in the leasing and sale of office and industrial buildings, focusing on the Central New Jersey markets of Princeton, Metropark and Monmouth.
Mark advises Tenants on their commercial real estate requirements and has represented such national and international companies as Axis Reinsurance, DeVry University, HUB International, Nuance Communications and Stantec, often in conjunction with Newmark’s Global Corporate Services team.
Mark Fowler and his team are the exclusive listing agents for over 1 million square feet of office and industrial buildings. He has represented major Landlords including K. Hovnanian, Ivy Real Estate, Murray Construction, Normandy Real Estate Partners, and Onyx Equities, and on their behalf has negotiated leases with ALK Technologies (39,153 SF), Aralez Pharmaceuticals (36,602 SF), CNA Insurance (67,853 SF), MJH Shared Services (31,158 SF) and S&P Global (74,845 SF).
During his 20-year career, Mark has completed over 2.5 million square feet of transactions, valued in excess of $300 million in New Jersey, New York and Pennsylvania.
Prior to joining Newmark, Mark Fowler was a Senior Vice President of Weichert Commercial Brokerage, where he led the team that negotiated one of the largest office leases in the company’s history. Mark was repeatedly recognized as one of the top producing brokers for the company, and in 2010 he was named Broker of the Year.
SELECT TRANSACTIONS AND ASSIGNMENTS:
Axis Re-Insurance: As tenant representatives, negotiated their lease for a new Princeton office, expanded their Berkeley Heights office and relocated their New York office over a 3-year period, for a total of 188,217 SF.
Brilliant Light Power: Hired to sell their 55,010 SF research and development building, and simultaneously retained as Tenant representation broker in the leasing of their new 15,000 SF Corporate Headquarters in Princton.
Eatontown Industrial Park: Leased a total of 155,690 SF of warehouse space, acting as either Landlord or Tenant representative, on behalf of Diversified Imports, Janus Trade Group, Newcastle Building Products, Notra Home Goods and Ranger Industries.
Gordon Construction: As part of leasing team, encouraged developer to build a 100,000 SF class A office building in Cranbury and leased 70% of the building by completion.
Infragitstics: Retained to sublease over half of their own building in South Brunswick as they downsized and leased a total of 40,000 SF to bring the building back to full occupancy.
Ivy Realty: As part of leasing team, increased occupancy of their 71,550 SF Princeton office building from 31% to 71%, enabling ownership to exit at a significant profit.
Jingoli Properties: Member of leasing team for entire 12-building, Princeton office portfolio, totaling 714,000 SF and increasing occupancy in anticipation of an eventual sale.
Marlen Holdings/CTC Holdings: Advised and negotiated the purchase of their Monmouth portfolio of 131,807 SF office and industrial buildings, and leased a total of 59,652 SF to ensure full occupancy.
Normandy Real Estate Partners: As leasing brokers, advised the Landlord to re-stack their two Princeton office buildings totaling 227,242 SF, resulting in over 140,000 SF of leases being signed and one building being fully leased for the first time in 30 years.
Onyx Equities: As leasing broker of their 169,695 SF Monmouth office portfolio, negotiated over 49,000 SF of new leases, creating for ownership an eventual` profitable exit strategy.
AWARDS AND ACHIEVEMENTS:
SIOR Top 100 Office Transactions, 2017
SIOR, NJ Chapter Largest Office Lease, 2017
Top Three Sales Associate, Weichert Commercial Brokerage, 2011
Broker of the Year, Weichert Commercial Brokerage, 2010
Broker of the Year, RXR Realty, 2010
PROFESSIONAL AFFILIATIONS:
Society of Industrial & Office Realtors (SIOR)
Industrial & Office Real Estate Association (IOREBA)
National Association of Realtors (NAR)
Mark Fowler graduated in business studies from the University of Westminster, England, and in real estate from the Kislak Real Estate Institute, Monmouth University.