Newmark Group (NASDAQ:NMRK) is listed as one of the 10 best real estate services stocks to buy according to hedge funds. On January 8, analyst Alex Bond raised the price target on NMRK from $21 to $22 with an Outperform rating, suggesting a 36% upside potential.

Newmark Group (NASDAQ:NMRK) announced the divestment of its 1.4 million-square-foot micro-bay industrial portfolio to the Silverman Group for $203 million. The portfolio spans Maryland and Northern Virginia, featuring 50 buildings and 600 tenants in densely populated industrial corridors.

Operating in various commercial real estate functions, Newmark Group (NASDAQ:NMRK) emphasizes data analytics and technology to provide investment sales, commercial mortgage brokerage, valuation, advisory, property management, due diligence, and other services.

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Read more at Yahoo Finance: Off-Market Sale of $203 Million Portfolio Leads to Bullish Sentiment for Newmark (NMRK)