Fred Papasso
By Joshua Burd
Newmark Associates has welcomed veteran broker Fred Papasso as a senior vice president and member of its leadership team.
The firm, which is based in the Cedar Knolls section of Hanover, said Papasso arrives with more than 20 years of experience in commercial real estate. That expertise includes office, retail, industrial and mixed-use assets, as well as development and investment initiatives involving acquisitions, repositioning strategies and tenant improvements.
Prior to joining Newmark Associates, Papasso led a major global real estate brand, where he was responsible for driving revenue growth, overseeing operations and expanding market share, according to a news release. That executive leadership informs what the firm described as his strategic, data-driven approach to brokerage and client advisory services.
“We are honored to welcome Fred to the leadership team at Newmark Associates,” said Nancy Glick, the firm’s chief operating officer. “His depth of expertise and proven track record speak for themselves, and we look forward to the opportunities we will create together for our clients and our firm.”
In announcing the move, Newmark Associates added that Papasso’s knowledge spans the full real estate lifecycle, from sourcing opportunities and negotiating transactions to executing buildouts and optimizing asset performance. That’s due in part to his experience as a principal of a development and investment firm involved in acquisitions, repositioning strategies and value creation initiatives.
