CRE N Illinois

Newmark Knight Frank adds Postweiler, Harwood and Fohl to Chicago capital markets practice

Newmark Knight Frank adds Postweiler, Harwood and Fohl to Chicago capital,ph1
James Postweiler
Newmark Knight Frank

Newmark Knight Frank (NKF) has bolstered its team of capital markets brokers in its Chicago office. Executive managing director James Postweiler and senior managing directors Peter Harwood and Derek Fohl join NKF with over 60 years of combined commercial real estate experience.

“Our pace in building out a full-service capital markets platform accelerated throughout 2019, underscoring our unwavering commitment to elevate NKF’s comprehensive suite of services by bringing on superior and specialized talent,” said chief executive officer of Newmark Group, Inc., Barry M. Gosin. “The arrival of these Chicago-based experts is consistent with our growth plan and fortifies the firm’s footprint in the institutional capital markets landscape in the Chicagoland area and throughout the Midwest.”

Postweiler, Harwood and Fohl are joining NKF from JLL, where they focused on office investments. They have successfully executed combined transactions totaling nearly $30 billion in volume throughout their careers. Each specializes in office investment transactions for institutional, corporate and private real estate owners in Chicago and throughout the Midwest.

One of the most practiced suburban office investment experts in Chicago, Postweiler has more than 30 years of experience in investment sales, mortgage financing and asset management. Formerly co-head of JLL’s office capital markets group in Chicago, Postweiler specialized in dispositions and recapitalization of office assets and has completed transactions with total value exceeding $14 billion throughout his career.

Well-versed in all components of office and industrial capital markets—disposition, financing, sale-leaseback, recapitalization and strategically value engineering an asset—Harwood has more than 22 years of commercial real estate experience and has completed more than $12 billion of transactions.

Fohl’s decade of diverse commercial real estate experience includes asset services, agency leasing, institutional investment properties, debt and equity financing, insurance brokerage and risk management. Fohl has completed $3 billion in transactions.

“The collaborative culture at NKF as well as the opportunity to be a part of a company experiencing such impressive growth in capital markets leadership in all disciplines is extremely attractive at NKF. The growth trajectory of the Capital Markets platform alongside agency experts provides a runway to offer exceptional client service and resources to augment our capabilities for discerning clients,” said Postweiler. “This next chapter with NKF is exciting.”