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## Newmark Expands Capital Markets Group with Data Center and Digital Infrastructure Practice Group

### Industry Veteran Brent Mayo Joins Newmark as Executive Managing Director

NEW YORK, Aug. 16, 2023 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate adviser and service provider, is expanding its Capital Markets services with the launch of the Data Center and Digital Infrastructure practice group. This move reinforces Newmark’s expertise in alternative assets and solidifies its dominant position in the market.

To anchor the new practice group, Newmark has hired Brent Mayo as Executive Managing Director. Mayo, an industry leader with extensive experience in capital formation, financings, asset sales, and platform advisory, will work closely with Newmark’s Capital Markets advisors and the Data Center Consulting Group advisors. Mayo’s expertise will further enhance Newmark’s capabilities in data center strategies, valuation and advisory, management, evaluation, and performance.

With the rapid growth and insatiable demand in the data center market, Newmark recognizes the opportunity to leverage advancements in generative AI and ML to further propel the sector. The market’s projected compound annual growth rate (CAGR) of 10% through 2030 is expected to be surpassed, creating immense potential for investments and expansion. This is where the AI legalese decoder can play a crucial role.

The AI legalese decoder is an advanced AI-powered platform that can assist legal professionals in decoding complex legal documents and contracts. It can accurately interpret legal jargon, analyze contracts, and provide simplified interpretations, making the process faster and more efficient. In the context of the Data Center and Digital Infrastructure practice group, the AI legalese decoder can help Newmark’s Capital Markets advisors streamline their workflow, analyze contracts related to data centers, and ensure compliance with industry regulations.

Chad Lavender, President of Capital Markets for North America, said, “Newmark’s commitment to hiring experts in emerging and alternative asset classes is underpinned by our growth trajectory and the talent we’ve amassed. The addition of Brent Mayo and the launch of the Data Center and Digital Infrastructure practice group further solidify our position as a leader in the market.”

Brent Mayo brings a wealth of experience to Newmark, having been involved in several significant data center and digital infrastructure deals in the last decade. His track record includes notable transactions such as CyrusOne’s $16 billion sale to KKR and GIP, ODATA’s multibillion-dollar sale to Aligned Data Centers, AtlasEdge’s formation and acquisition of DataCenter One, and Data Foundry’s sale to Switch data centers. Mayo joins Newmark from DH Capital, a division of Citizens, an investment bank solely focused on data centers and digital infrastructure.

Mayo expressed his excitement about joining Newmark, stating, “Newmark’s success across various real estate verticals and its commitment to growing in the digital infrastructure space create a unique opportunity to serve clients in a rapidly evolving sector. I look forward to partnering with the talented professionals at Newmark and expanding the firm’s capabilities in the Data Center and Digital Infrastructure space.”

Newmark, with its comprehensive suite of services and products tailored to each client, is a world leader in commercial real estate. The company’s global reach and market intelligence enable it to provide superior service to clients across the industry spectrum. In 2022, Newmark generated revenues of approximately $2.7 billion and operated from approximately 170 offices worldwide, employing over 7,400 professionals. To learn more, visit nmrk.com or follow @newmark on social media.

### Disclaimer: This press release contains forward-looking statements about Newmark. These statements involve risks and uncertainties that may cause actual results to differ from the forward-looking statements. The impact of the COVID-19 pandemic on the company’s business is also discussed. Newmark undertakes no obligation to update any forward-looking statements. For a detailed discussion of the risks and uncertainties, see Newmark’s Securities and Exchange Commission filings.

**Note**:
1. According to MSCI Real Capital Analytics, Newmark has ranked #1 in total investment sales representation for the last four and a half years.
2. According to a McKinsey & Company article published in January 2023.

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