Terry Coyne is a Vice Chairman in the Cleveland office of commercial real estate services firm, Newmark. He is an established commercial real estate broker specializing in large, complex, industrial and investment properties in northern Ohio. While he relies on the latest data, trends and forecasts to inform his work, his passion is people. Terry values his strong professional network and serves a
s a reliable resource to clients and peers. His commitment to the greater Cleveland area is evidenced in the variety of deals he has completed, as well as his civic engagement. Terry is applying his successful model based on expertise, partnership and persistence to grow into new markets in Columbus, Toledo and Dayton. In the last 5 years alone, Terry and his team have brokered 250 transactions valued at more than $1.2 billion. Terry is consistently rated one of the top producers for Newmark and has been recognized by industry associations and leaders. During his 25+ year career, Terry has successfully negotiated more than 2,000 transactions totaling over $5 billion in total consideration. Partial List of Lease Transactions
As a tenant representative:
– I-X Center, 6200 Riverside Dr., Cleveland, Ohio, GOJO Industries (Purell®): 765,281 SF
– 10345 Philipp Pkwy., Streetsboro, Ohio, L'Oreal USA Inc.: 649,250 SF
– 1200 S. Chillicothe Rd., Twinsburg, Ohio, McMaster-Carr Supply Company: 409,495 SF
As a landlord representative:
– Three (3) Spec Buildings, Cornerstone Business Park, Twinsburg, Ohio, Scannell Properties: 762,000 SF
– 1250 George Rd., Ashland, Ohio, Ashland Distribution Center, LLC: 602,378 SF
– 1147 Akron Rd., Wooster, Ohio, InSite Wooster, LLC: 347,522 SF
Partial List of Sale Transactions
Representing seller:
– 12850 and 13000 Darice Pkwy., Strongsville, Ohio: AIC Ventures sold to VEREIT ID Strongsville OH, LLC, $37.9 million
– 30339 Diamond Pkwy., Glenwillow, Ohio: Diamond Center One Weston, LLC sold to Plymouth 30339 Diamond Parkway LLC, $27 million
– 10345 Philipp Pkwy., Streetsboro, Ohio: Geis Companies sold to Lexington Realty Trust, $28.88 million
Representing buyer:
– 4676 Erie Ave., Navarre, Ohio: GOJO Industries (Purell®) acquired from Prophecy Massillon, LLC, $32 million
– 925 Euclid Ave., Cleveland, Ohio: Hudson Holdings, LLC acquired from Optima 925 LLC, $22 million
– 5700 Lee Rd., S., Maple Heights, OH: GOJO Industries (Purell®) acquired from PZ05 Maple Heights OH LLC, $11.36 million
Partial Client List
GOJO Industries (Purell®), Rugby Realty, Scannell Properties, STAG Industrial, Thompson Hine
PROFESSIONAL ACHIEVEMENTS:
Top Producer, Newmark Cleveland office, 2002 - present
Top Producing Industrial Broker, Newmark, 2013, 2014, 2016 and 2017
Top 20 Broker Nationwide, Newmark, 2014-2020
