Newmark launches data center and digital infrastructure capital markets business

Newmark Group has announced the launch of its data center and digital infrastructure practice group, further expanding its expertise in alternative assets. In tandem, Newmark has hired Brent Mayo as executive managing director to anchor the practice group.

Newmark has been dedicated to growing and strengthening its capital markets platform and is strategically focused on emerging and alternative asset classes. The data center market has experienced remarkable growth and insatiable demand, and with advancements in generative AI and ML, this growth is expected to surpass the current estimated projection of a 10 percent compound annual growth rate (CAGR) through 2030, propelling the sector even further.

Mayo, based in the firm’s New York City headquarters, specializes in capital formation, financings, asset sales and platfor