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Terence P. Coyne
SIOR, CCIM

Vice Chairman

Newmark

1300 East 9th Street, Suite 100, Cleveland, OH 44115

Market
Cleveland
Specialty
Industrial Specialist
Member Since
2000
Chapter
SIOR Ohio Chapter
Areas of Practice
Investments, Tenant Representation, Sale/Leasing, Landlord, Corporate Services, Consulting
Accreditations
Certified Commercial Investment Member (CCIM), Member, Industrial Leadership Council, Newmark Knight Frank, Leadership Cleveland Class of 2006, Member, Society of Industrial and Office Realtors (SIOR)
Terry Coyne is a Vice Chairman in the Cleveland office of commercial real estate services firm, Newmark Knight Frank. 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 as 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 Knight Frank and has been recognized by industry associations and leaders.

During his 25+ year career, Terry has successfully negotiated more than 1,000 transactions totaling over $2 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

Top 50 Broker Nationwide, Newmark, 2013

Multiple award winner, Broker of the Year, Industrial Transaction of the Year, Investment Broker of the Year, NAIOP

PROFESSIONAL AFFILIATIONS:

Member, Industrial Leadership Council, Newmark

Member, Society of Industrial and Office Realtors (SIOR)

Certified Commercial Investment Member (CCIM)

Leadership Cleveland Class of 2006

PERSONAL AFFILIATIONS:

Board Member, Rock and Roll Hall of Fame Museum

Board Member, Village Capital Corporation

Board Member, Seeds of Literacy

Past Board Member, Magnificat High School

Past Board Member, John D. Oil & Gas (JDOG)

Terry graduated from the University of Chicago, where he earned a Master’s Degree. He also earned a Bachelor of Arts in Political Science from the University of Notre Dame and has additional credit hours from St. Catherine’s College, Oxford University.
Terry Coyne is a Vice Chairman in the Cleveland office of commercial real estate services firm, Newmark Knight Frank. 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 as 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 Knight Frank and has been recognized by industry associations and leaders.

During his 25+ year career, Terry has successfully negotiated more than 1,000 transactions totaling over $2 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

Top 50 Broker Nationwide, Newmark, 2013

Multiple award winner, Broker of the Year, Industrial Transaction of the Year, Investment Broker of the Year, NAIOP

PROFESSIONAL AFFILIATIONS:

Member, Industrial Leadership Council, Newmark

Member, Society of Industrial and Office Realtors (SIOR)

Certified Commercial Investment Member (CCIM)

Leadership Cleveland Class of 2006

PERSONAL AFFILIATIONS:

Board Member, Rock and Roll Hall of Fame Museum

Board Member, Village Capital Corporation

Board Member, Seeds of Literacy

Past Board Member, Magnificat High School

Past Board Member, John D. Oil & Gas (JDOG)

Terry graduated from the University of Chicago, where he earned a Master’s Degree. He also earned a Bachelor of Arts in Political Science from the University of Notre Dame and has additional credit hours from St. Catherine’s College, Oxford University.
  • Top 50 Broker Nationwide, Newmark Knight Frank, 2013
  • Multi-time winner of the NAIOP Broker of the Year, Industrial Transaction of the Year and Investment Broker of the Year
  • Top 20 Broker Nationwide, Newmark Knight Frank, 2014-2020
  • Top Producing Industrial Broker, Newmark Knight Frank, 2013, 2014, 2016, and 2017
  • Top Producer, Newmark Knight Frank Cleveland office, 2002 - present
  • St. Catherine’s College, Oxford University
  • University of Notre Dame, BA
  • University of Chicago, Master’s Degree
Kristy Hull, SIOR, CCIM
JLL
Cleveland, OH
Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Industrial Sale
$40,000,000
554,037 Sq. Ft.
August 21, 2017 Strongsville, OH

Kristy represented AIC Income Fund 13000 Darice, LLC

Terence represented AIC Income Fund 13000 Darice, LLC

Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Land Sale
$1,180,300
11 Acres
June 2, 2017 Glenwillow, OH

Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Industrial Lease
$18,609,221
133,409 Sq. Ft.
May 9, 2017 Glenwillow, OH

Terence represented GED Cashew Partners, LLC

Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Bryan Bartlett, SIOR
Newmark Phoenix Realty Group
Jacksonville, FL
Industrial Sale
$15,000,000
255,570 Sq. Ft.
November 24, 2014 Twinsburg, OH

Terence represented Thackery Partners

Bryan represented Plymouth Industrial REIT

John represented Thackery Partners

Carey Gilbert, II, SIOR, CCIM, CRE
J.H. Berry & Gilbert
Birmingham, AL
Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Industrial Lease
10,100 Sq. Ft.
December 16, 2010 Cleveland, OH

Curt Stanton, SIOR
Axiom Advisory Group
Chicago, IL
Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Industrial Sale
81,142 Sq. Ft.
June 23, 2009 Lorain, OH

Curt Stanton, SIOR
Axiom Advisory Group
Chicago, IL
Terence Coyne, SIOR, CCIM
Newmark
Cleveland, OH
Industrial Sale
26,652 Sq. Ft.
June 23, 2009 Lorain, OH

There is no committee participation shown within the last five years. For questions or concerns, please contact membership at 202.449.8200.
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