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Adam Spies

Adam Spies is co-head of U.S. Capital Markets at Newmark, where he advises clients on major commercial property sales. His career with partner Doug Harmon has included several landmark New York transactions, including the sale of Stuyvesant Town-Peter Cooper Village and Chelsea Market.

Updated

Known For

  • Leading Newmark’s U.S. capital markets business after joining in 2023 from Cushman & Wakefield.
  • Partnering with Doug Harmon on large, complex investment sales in New York and other U.S. markets.
  • Representing buyers or sellers in transactions including Stuyvesant Town-Peter Cooper Village, Chelsea Market and 1 Manhattan West.

Career and Focus

Newmark describes Spies as a real estate veteran with more than two decades in capital markets. He and Harmon were a leading investment-sales team at Eastdil Secured before joining Cushman & Wakefield, where Spies served as chairman of capital markets. He moved to Newmark in 2023 and now shares leadership of its U.S. Capital Markets business. The firm’s deal list includes the $5.44 billion sale of Stuyvesant Town-Peter Cooper Village, Chelsea Market, 1 Manhattan West and Spring Creek Towers. The list identifies his team’s work on both seller and buyer mandates; transaction values refer to property sales and should not be read as personal production or investment returns.

The work is concentrated in large-scale assets where capital markets advisory requires coordinating ownership groups, financing, buyers and transaction execution. Newmark says Spies and Harmon were involved in many high-profile and record-setting transactions over their careers. The Commercial Real Estate Finance Council describes them as a leading New York investment-sales team. Spies earned an undergraduate degree from the University of Vermont. His current title is co-head of U.S. Capital Markets, which reflects a broader leadership remit than an individual brokerage role.

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